NEW YORK, Jan. 17, 2012 (GLOBE NEWSWIRE) -- Retalix® Ltd. (Nasdaq:RTLX), a leading global provider of innovative software and services to high-volume, high complexity retailers, announced today that Retalix 10, its innovative next generation store suite, is available as a service from the cloud. "Retalix 10 on the Cloud" takes advantage of the flexibility, power and performance of Windows Azure.
With this new service, Retalix continues to be at the forefront of retail technology, providing retailers with innovative solutions combining outstanding retail expertise with cutting-edge technology. Retalix sees tremendous value in retailers having the flexibility to deploy the Retalix 10 Store Suite, as a Service-On-Demand from the cloud, with an option for subscription payment model.
"We believe SaaS and cloud computing will play a crucial role in tackling major challenges that retailers worldwide are facing today, mainly simplifying management of operations and IT infrastructure, reducing capital expenditure and decreasing upfront investment," says Shuky Sheffer, chief executive officer of Retalix. "Offering our advanced store solution as a service from the cloud will enable retailers of all sizes to simplify their IT infrastructure and operations, reduce maintenance, IT resources and capital expenditure, and enjoy benefits of per-demand scalability and elasticity, as well as accelerated time-to-market. Additionally, smaller retailers can now afford access to enterprise applications that are currently only accessible to large retailers."
Retalix has worked with Microsoft to use Windows Azure, which provides an open and flexible Internet-scale cloud services platform hosted through Microsoft data centers, automating IT infrastructure through a platform designed for high availability and dynamic scaling.
"With today's dramatic shift in retailing, it's imperative for retailers to adapt and respond. This shift requires IT solutions that are agile and dynamic and that empower retailers' business to better serve the consumer," said Tracy Issel, worldwide general manager, Retail Services, Microsoft Corp. "Retalix 10 on the Cloud, using Windows Azure, provides a powerful cloud solution to help retailers unify and streamline the deployment and management of their store and sales channels solutions with the flexibility to meet the challenges ahead."
Retalix 10 on the Cloud is the new addition to the Retalix fast growing cloud-based service offering, including Electronic Payments, Loyalty, Demand-Driven replenishment and BI, which have a significant installed based, and have recently seen accelerated market adoption.
About Retalix
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 advantages retailers can gain by deploying the 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.