RA'ANANA, Israel, Nov. 12, 2012 (GLOBE NEWSWIRE) -- Woolworths Limited, Australia's leading retail group, has signed a five-year System Integration (SI) Services agreement with Retalix® Ltd. (Nasdaq:RTLX). Under the agreement, Retalix will provide Level 2 and Level 3 support for more than 3,000 Woolworths locations and 25,000 point-of-sale (POS) terminals, serving more than 24 million customers every week across Australia and New Zealand.
Retalix will also provide IT installation at new stores and manage ongoing system configuration for all stores. The Retalix SI Services team will include a group of dedicated retail IT experts from Retalix in Australia and other Retalix locations, which will allow for "follow the sun" operations, 24 hours a day, seven days a week.
"We are pleased to extend our relationship with Retalix due to our long partnership and their depth of knowledge of the retail industry. This expertise extends beyond technical systems to include a clear appreciation of retail culture, which makes a real difference to our business," said Chris Stanley, head of customer technologies across the Woolworths group.
Based on extensive familiarity with the retail industry gained through close, long-term collaboration with top retailers worldwide, in addition to profound knowledge of Retalix products and its customer implementations, Retalix's SI (System Integration) services offering is designed to provide strategic, high-value services making optimal use of capital and resources. The Retalix SI team's mission is to fully understand retail chains' business needs and challenges, and execute successful implementation and integration projects tailored to help retailers achieve measurable results that positively affect their bottom line.
"I am proud to strengthen and expand our relationship, and provide even further value to Woolworths, our long-time partner," said Retalix CEO Shuky Sheffer. "This new agreement represents a significant SI Services win for Retalix, and marks a key milestone as we continue to grow our SI Service-oriented business which is a major growth engine for the company. We have achieved a substantial track record supporting some of the world's largest retailers, and developed a strong reputation for constantly leveraging the expertise, tools and scalability we have gained in the field to the benefit of all our customers."
For more information on Retalix System Integration (SI) Services, visit:
About Woolworths Limited
The largest retailer in Australia, Woolworths has more than 3,000 stores across Australia and New Zealand, serving 24 million customers every week across its food, liquor, petrol, general merchandise, home improvement and hotel brands. For more information about Woolworths, visit: http://www.woolworthslimited.com.au
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.
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.
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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 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.