Delhaize Group Signs Multi-Year Global Strategic Partnership With Retalix
RA'ANANA, Israel, Aug. 27, 2012 (GLOBE NEWSWIRE) -- Retalix® Ltd. (Nasdaq:RTLX) and Delhaize Group have signed a multi-year global strategic partnership agreement, under which Retalix (RTLX) will become the preferred supplier of in-store software for Delhaize Group's 3,300 locations including more than 20,000 point-of-sale (POS) terminals across Eurasia and the United States.
As part of the agreement, Retalix will continue to provide a wide range of products from the company's Store Suite, including solutions for the POS, as well as other customer touch points like self-checkout. The agreement also includes solutions within Retalix's Loyalty and Marketing Suite, including Customer Management and Targeted Marketing.
"Retalix is a true leader in the retail industry, and we extended and solidified our strategic partnership as they have delivered proof of delivering competitive solutions to our business and to operate effectively as a global vendor," said Frank Suykens, Chief Information Officer (CIO) at Delhaize Group Europe, Asia. "We look forward for Retalix to further assist us to continuously improve our store operations and customer service, and to drive innovation."
"Delhaize Group has been a long-standing Retalix partner, and this agreement presents us with a significant opportunity to provide Delhaize with retail innovations that will add value to their operations and enhance their shopper experience," said Shuky Sheffer, Chief Executive Officer (CEO) for Retalix. "With Retalix as their preferred provider, Delhaize will have access to our entire suite of store, customer loyalty and promotions offerings. We're excited to extend this relationship, and we look forward to helping Delhaize achieve future success."
Retalix continues to invest in development of its software platforms, and the company is gaining a leading market position with its new products, such as the Retalix 10 platform and other emerging innovations. Under this partnership, Delhaize will have the opportunity to gain additional value from Retalix solutions for years to come.
For more information on the Retalix Store Suite, visit: http://www.retalix.com/products/storeline
For more information on the Retalix Customer & Marketing Suite, visit: http://www.retalix.com/products/loyalty-promotions
About Delhaize Group
Delhaize Group is a Belgian international food retailer present in 11 countries on three continents. At the end of the first quarter of 2012, Delhaize Group's sales network consisted of 3,309 stores. In 2011, Delhaize Group posted EUR 21.1 billion (USD 29.4 billion) in revenues and EUR 475 million (USD 661 million) in net profit (Group share). At the end of 2011, Delhaize Group employed approximately 160,000 people. Delhaize Group's stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).
Retalix is a leading global provider of innovative software and services to high volume, high complexity retailers, including supermarkets, convenience stores, fuel stations, drugstores and department stores. The company's products and services help its customers to manage and optimize their retail operations, differentiate their brand and build consumer loyalty, while providing retailers with the flexibility and scalability to support ongoing business transformation and growth. Retalix offers solutions for point-of-sale (POS), sales channels and in-store management (including mobile and e-commerce), customer management and marketing, merchandising, and logistics. By leveraging a multitude of deployment options, including Software-As-A-Service (SaaS), Retalix serves a large customer base of approximately 70,000 stores across more than 50 countries worldwide. The Company's headquarters are located in Ra'anana, Israel, and its North America headquarters are located in Plano, Texas. Retalix stock trades on the NASDAQ and the Tel Aviv Stock Exchange.
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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 of deployment of Retalix solutions and the performance goals that Retalix customers like Delhaize Group 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, 2011, 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.
CONTACT: For media information: Brad Prizer Retalix Ltd. +1-877-573-7193 email@example.com For corporate affairs: Sarit Sagiv Retalix Ltd. +1-877-573-7193 x6631 Investors@retalix.com
Source: Retalix Ltd. 2012 GlobeNewswire, Inc.