InvestorsHub Logo
Followers 145
Posts 27550
Boards Moderated 3
Alias Born 02/07/2004

Re: midastouch017 post# 7

Monday, 11/21/2005 5:18:53 AM

Monday, November 21, 2005 5:18:53 AM

Post# of 28
Retalix closes contract with Woolworths Australia
more of the same

The first phase of the project involves 850 stores and 14,500 point-of-sale terminals.

Globes correspondent 21 Nov 05 11:42

Retalix (Nasdaq: RTLX; TASE: RTLX) announced today that Australia’s leading retailer Woolworths Limited (ASX: WOW) has signed a contract for the rollout of the Retalix StoreLine in-store solution across the group’s chains. The value of the contract was not disclosed.
Woolworths Ltd. (ASX: WOW). is an Australian retail company operating supermarkets, general merchandise, liquor, petrol, hotel and consumer electronics stores in Australia and New Zealand. Woolworths operates more than 1,600 stores under the brands Woolworths, Safeway, BIG-W, Dick Smith Electronics, Powerhouse, Tandy, Dan Murphy's, and BWS. Woolworths has a food, liquor and grocery market share of 28% and annual sales of over $20 billion. The company employs around 145,000 people and is traded on the Australian Stock Exchange.

The agreement covers the Asia Pacific region and allows for the deployment of Retalix StoreLine as a consistent platform throughout all Woolworths stores, commencing with 730 Woolworths Supermarkets and 120 BIG-W general merchandise stores.

In total, the first phase of the project involves 850 stores and 14,500 point-of-sale terminals.

Retalix StoreLine is an advanced, Windows-based in-store solution that offers retailers hardware-independent point-of-sale and front office applications. Retalix has StoreLine installations in over 25,000 sites worldwide.

Following an extensive pilot program, the initial deployment of Retalix StoreLine in Woolworths and BIG-W stores has already begun. Full-scale rollout is scheduled for next year.

Retalix will also provide enhanced support and development facilities with the establishment of a software support and development competence center in Sydney, Australia.

Retalix noted that, in line with its global reach business strategy, the center will give it a "follow-the sun" advantage.

Retalix EVP international business division Yoni Stutzen said, ‘We are thrilled with this partnership, our first Tier-1 retail group customer in Asia. Woolworths is an exciting, innovative, and fast-moving company, and we are delighted to work closely with Woolworths. Looking ahead, we are confident the relationship will continue to grow and develop, especially as we are establishing our new Software Competence Centre in Sydney, Australia.’

Published by Globes [online], Israel business news - www.globes.co.il - on Monday, November 21, 2005

Dubi