DALLAS, June 2, 2011 (GLOBE NEWSWIRE) -- Retalix® (Nasdaq:RTLX), a leading global provider of retail and supply chain solutions and services, has been selected as a 2011 Top 100 Logistics IT Provider by Inbound Logistics Magazine.
"Top 100 Logistics IT Providers such as Retalix empower supply chain management and logistics, and continue to offer innovative and practical solutions in the face of economic uncertainty," said Felecia Stratton, editor of Inbound Logistics. "During 2010 and 2011, Retalix consistently provided the kinds of technology solutions Inbound Logistics readers need to successfully manage their global enterprises. As shippers, carriers, and 3PLs increase their use of logistics IT, Retalix continues to be flexible and responsive, anticipating their customers' evolving needs. Inbound Logistics is proud to honor Retalix for innovative solutions empowering logistics and supply chain excellence."
Every April, Inbound Logistics editors recognize 100 logistics IT companies that support and enable logistics excellence. Drawn from a pool of more than 300 companies, using questionnaires, personal interviews, and other research, Inbound Logistics selects the Top 100 Logistics IT Providers who are leading the way in 2011. Editors seek to match readers' fast-changing needs to the capabilities of those companies selected. All companies selected reflect leadership by answering Inbound Logistics readers' needs for simplicity, ROI, and efficient implementation.
John Taylor, the newly appointed executive vice president and SCM general manager at Retalix said, "We are very pleased with this achievement, which is a testament to the versatility, quality and value of our supply chain and logistics solutions and services. From warehouse management systems and transportation optimization solutions to demand-driven replenishment, our goal is to provide distributors, wholesalers and retailers of different sizes—and in any location—with solutions that create supply chain efficiencies and increase profits."
The list appeared in the publication's April issue, as well as online at www.inboundlogistics.com.
About Inbound Logistics
Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL's educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com.
About Retalix
Retalix is an independent provider of software solutions and services to retailers and distributors worldwide. 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. The Company's International headquarters are located in Ra'anana, Israel, and its American headquarters are located in Dallas, Texas. For more information, visit http://www.retalix.com, the contents of which are not part of this press release. Follow Retalix on Twitter: @Retalix.
Retalix is a registered trademark of Retalix Ltd. in the United States and in other countries. The names of actual companies, products and services mentioned herein may be the trademarks of their respective owners.
The Retalix Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5937
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. For example, the statements regarding the future rollout or deployment of Retalix solutions and the performance goals that Retalix customers are trying to achieve by deploying such solutions all include forward-looking statements. 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, 2010, for a discussion of these and other important risk factors. Except as required by law, 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.