Retek Names Vice President and General Manager of Store Operations Business Unit

Paul Demery

Sales Executive with 21 Years Retail Technology Experience to Lead Retek`s Integrated Store Operations Team

Minneapolis - April 13, 2004 - Retek Inc. (Nasdaq:RETK) announced today the appointment of Greg Donnelly as vice president and general manager of Retek`s store operations business unit. In this newly created position, Donnelly will be responsible for expanding Retek`s market share in the store operations applications market.

"We are pleased that Greg Donnelly has joined the Retek team," said Jerry Dolinsky, senior vice president of worldwide sales at Retek. "His proven leadership and success in the store operations space will be a major asset as we look to accelerate the expansion of our store operations business."

Donnelly comes to Retek after serving as senior vice president of sales for 360Commerce, an enterprise and store-level J2EE software solutions provider. Donnelly directed the company`s global sales team and designed and implemented a global business development strategy, which leveraged alliances and solution providers.

Prior to 360Commerce, Donnelly held positions as national sales manager and strategic business manager at Epson America Inc, System Device Division, where he negotiated deals and increased sales with tier one retailers. Donnelly also held sales management positions with Innovax Concepts Corporation and Sweda, Inc., after Sweda purchased the company he co-founded, Prizm Retail Solutions.

"I am very excited to join Retek, a company with a proven track record and a great technology platform," said Donnelly. "Retek is a strong company with the industry`s leading software products. I look forward to the opportunity to build upon my previous success in the industry to expand Retek`s presence in the store operations market."

About Retek Inc.
Retek Inc. (Nasdaq:RETK) is the leading provider of mission-critical software and services to the retail industry. Retek solutions integrate collaborative software with patented predictive technologies, consulting services, and the best practices of customers and partners to help retailers create, manage and fulfill consumer demand. Leading global retailers including Tesco, Best Buy, Gap Inc., Sainsbury`s, Eckerd Corp. and Selfridges use Retek solutions. Visit Retek on the Web at www.retek.com.


business, Commerce, marketing, Technology Internet