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           24 September, 2020

Category:  Press » Food & Drinks


Retalix Announces the General Availability of Retalix InSync Master Data Management

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2006-09-11 05:06:16     
Retalix Ltd.

Retalix(R) Ltd. (Nasdaq: RTLX), a global provider of enterprise-wide software solutions for food retailers and distributors, announced today the General Availability version (GA) of the Retalix InSync(TM) Master Data Management solution (MDM).

Retalix InSync Master Data Management (MDM) is a central repository for all the master data that is used in the planning and execution of business processes in the retail and distribution industries, including items, business units, trading partners, trading agreements, costs and taxes. MDM serves as an integration accelerator, offering data synchronization services, workflow-based data staging facilities, data import and export framework and more. Using the Retalix InSync MDM, retailers and distributors can rely on a single data model to support existing and future applications, thus creating a "single version of the truth" throughout the organization. While tailored for the unique requirements of the grocery and food service industries, Retalix InSync MDM can support other retail operations as well.

Retalix InSync MDM is being deployed in five food retail and distribution environments. Some customers will be using Retalix InSync MDM to connect existing applications to new Retalix solutions, while others are deploying it as the base for a broader implementation of Retalix InSync solution portfolio.

"Integration and synchronization of data across the enterprise has always been a major challenge for retailers and distributors," said Barry Shaked, President and CEO of Retalix Ltd. "Using Retalix InSync MDM, all the applications share the same database, same data management logic and same look-and-feel. The synchronized Business Model and Logic define an accurate single version of the truth, allowing the whole enterprise to operate efficiently and enabling our customers to realize the full benefits of their investment in modernizing their IT systems."

Retalix InSync is a state-of-the-art, web-based portfolio of synchronized software applications, especially designed and developed to meet the requirements of retailers and distributors in the grocery and foodservice industries. Retalix InSync is the combined result of the extensive industry expertise and experience accumulated during more than 20 years by the seasoned professionals from Retalix and the companies it acquired -- OMI International, Integrated Distribution Solutions ("IDS") and TCI Solutions, Inc. Retalix InSync is built around Service Oriented Architecture (SOA) and the applications are developed using the industry standard Java (J2EE) technology. Retalix InSync runs on virtually any hardware and operating system that is compatible with Java technology -- Unix, Windows, Linux, IBM Mainframe and IBM iSeries. The Retalix InSync applications use standard application servers and can operate with any of the leading relational databases used in the market. These cross-platform and interoperability capabilities allow Retalix's existing and new customers to protect their investment in hardware and infrastructure software.

About Retalix
Retalix is an independent provider of enterprise-wide software solutions to retailers and distributors worldwide. With more than 34,000 sites installed across 50 countries, Retalix solutions serve the needs of multi-national grocery chains, convenience and fuel retailers, food service operators, food and consumer goods distributors and independent grocers. The Company offers a full portfolio of software applications that automate and synchronize essential retailing, distribution and supply chain operations, encompassing stores, headquarters and warehouses. Retalix develops and supports its software through more than 1,400 employees in its various subsidiaries and offices worldwide. The company's International headquarters are located in Ra'anana, Israel, and its American headquarters are located in Dallas, Texas.

Retalix and Retalix InSync are either registered trademarks or trademarks of Retalix Ltd. in the United States and/or other countries. The names of actual companies, products and services mentioned herein may be the trademarks of their respective owners.

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. 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, 2005, for a discussion of these and other important risk factors. 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.

Specialized in: Supply Chain Management Software - Supermarkets - Software Retail Stores - Software Retail - Scm Software - Retail Software Systems - Retail Software - Retail Point Of Sale Software - Retail Inventory Software - Restaurant Software - Point Of Sale Systems - Foodservice Software
URL: http://www.retalix.com
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