Quantum Retail Announces Headquarters Relocation to Support Growth

MINNEAPOLIS, Oct. 2, 2012 /PRNewswire/ -- Quantum Retail Technology, the leader in innovative inventory management and merchandising optimization solutions, announced today that it has relocated its Minneapolis headquarters to the Campbell Mithun Tower. The new address is 222 S. Ninth St., Suite 900, Minneapolis, MN, 55402.

"The relocation of the Quantum Retail headquarters offers larger working spaces and facilities to operate more efficiently," Morgan Day, chief technology officer of Quantum Retail, said. "We're excited to move into the new space while strengthening our ties within the city of Minneapolis. We look forward to continuing to build on our creative and innovational culture and will welcome our customers and partners to the new offices soon."

At 12,000 square feet, the new headquarters is nearly two times larger than the previous working space. The additional office space and associated amenities are necessary to accommodate the company's growth and to better serve new employees, customers, and partners.

"In the last 18 months six name-brand, tier one retailers representing over $22 billion in revenue and over 7,000 locations have adopted Q as their platform and solution of choice to smartly manage the complexities associated with serving their customers in an increasingly volatile retail market," stated Mike Hrabe, chief sales and marketing officer of Quantum Retail. "Our growth and success reflect on the transformational impact of our platform Q and our outstanding people who are dedicated to solving the most challenging problems our customers face with innovative thinking and modern technology."

About Quantum Retail Technology, Inc.

The market is asking new questions. You need new answers. Q answers the new questions facing retailers today with solutions that enable them to profitably buy, move and sell merchandise, solving the most complex and costly problems they face - quickly and permanently.

Q is the answer for: Assortment and Range Planning - Forecasting and Order Planning - Replenishment and Allocation.

For more information visit http://www.quantumretail.com. Follow Quantum Retail on Twitter at http://twitter.com/quantumretail.

SOURCE Quantum Retail Technology, Inc.