NEW YORK, Jan. 14, 2008 (PRIME NEWSWIRE) -- IBM and Retalix (Nasdaq:RTLX) today announced that they will cooperate to deliver a new, highly-integrated system management solution for grocery and convenience store retailers. As part of a global initiative, the two companies will develop and market an integrated solution designed to provide a new way for clients to centrally manage their point-of-sale systems, applications and other elements of the retail datacenter.
Announced at the National Retail Federation show in New York City, the new offering will combine the Retalix portfolio of retail automation software, including Retalix StoreLine and Retalix StorePoint, with IBM's Remote Management Agent (RMA), giving retailers of all sizes the ability to remotely monitor, configure and track hardware, software and applications located in a single store, or multiple stores, from one centralized location.
As retailers deploy new technologies to differentiate themselves in the marketplace, they need an effective systems management solution to manage the complex store environment, reduce IT costs, and improve store uptime. The combination of IBM RMA and Retalix software significantly enhances the ability of retailers to manage their entire enterprise, from the front of the store, to the back office from a single console.
"This represents IBM's and Retalix's joint commitment to providing clients end-to-end manageability on creative and open platforms," said Steve Ladwig, General Manager, IBM Retail Store Solutions. "Working together with Retalix will help us achieve our goal of delivering a robust tool for managing the entire retail datacenter, from point-of-sale systems, to peripherals, to enterprise-wide applications."
"Retalix and IBM are both committed to serving the needs of grocery and convenience store retailers," said Barry Shaked, President and CEO of Retalix. "The IBM Remote Management Solution, together with Retalix software, creates an excellent technology combination for grocery and convenience retailers who are looking to streamline their operations, enhance their customer's experience, and improve margins in their businesses."
About Retalix
Retalix is an independent provider of software solutions to retailers and distributors worldwide. With over 40,000 sites installed across more than 50 countries, Retalix solutions serve the needs of grocery chains, convenience and fuel retailers, food and consumer goods distributors and independent grocers. The Company offers a portfolio of software applications that automate and synchronize essential retail and supply chain operations, encompassing stores, headquarters and warehouses. Retalix develops and supports its software through 1,500 employees in its various subsidiaries and offices worldwide. The company's International headquarters are located in Ra'anana, Israel, and its American headquarters are located in Dallas, Texas. For more information about Retalix, please visit www.retalix.com.
Safe Harbor for Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and U.S. federal securities laws. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Retalix, including revenues, income and expenses, to be materially different from any future results, performance or achievements or other guidance or outlooks expressed or implied by such forward-looking statements. Such factors include risks relating to Retalix's anticipated future financial performance and growth, continued roll-outs with existing customers, continued interest in Retalix's new platforms, the perception by leading retailers of Retalix's reputation, the potential benefits to food and fuel retailers and distributors, expansion into new geographic markets, and other factors over which Retalix may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. Readers are referred to the reports and documents filed by Retalix with the Securities and Exchange Commission, including Retalix's Annual Report on Form 20-F for the year ended December 31, 2006, for a discussion of these and other important risk factors. Retalix undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events.