Eurovestech PLC
28 February 2008
28 February 2008
Eurovestech plc ('Eurovestech')
KSS Retail
Contract Win
Eurovestech is pleased to announce a contract win at its wholly owned subsidiary
KSS Retail Limited ('KSS Retail'), a leading supplier of science-based pricing
intelligence, optimisation and modelling solutions to the grocery, convenience
retail, chain drug and mass retail industries.
Haggen Inc ('Haggen'), the largest independent grocery company in the Pacific
Northwest has selected KSS Retail to provide them with price optimisation and
modelling solutions.
Harrison Lewis, Vice President and CIO of Haggen commented: 'We made our
decision for KSS Retail after a thorough review of the optimisation solutions in
the market. Our selection criteria focused on in-depth retail experience and
demonstrable results with other retailers. KSS Retail have a very experienced
team who know retail and understand the importance of using the science of
optimisation to better align pricing with overall corporate strategy. We look
forward to leveraging KSS Retail and its optimisation capabilities to improve
price image, margin and sales.'
Richard Bernstein, Chief Executive of Eurovestech, commented: 'This news is
further evidence that KSS Retail is gaining increasing traction in providing
customers the best available solution in price optimisation.'
KSS Retail offers an advanced pricing solution that leverages historical point
of sale data to accurately model and forecast consumer reaction to pricing,
allowing retailers the ability to optimise value for their consumers. KSS has
been providing scientific-based intelligent pricing solutions since 1993 and
currently has retail customers in more than 12 countries using its predictive
modelling and optimisation solutions.
Further information:
Eurovestech plc Tel: 020 7491 0770
Richard Bernstein
Chief Executive
John East & Partners Limited Tel: 020 7628 2200
Simon Clements
About Haggen
Haggen, Inc. operates 33 supermarkets in Washington and Oregon under the Haggen
Food & Pharmacy, TOP Food & Drug and Larry's Market names. Headquartered in
Bellingham, it is the largest independent grocer and seventh-largest private
company based in the State of Washington. For more information, visit
www.Haggen.com.
About KSS Retail
KSS Retail is a leading supplier of comprehensive pricing intelligence,
optimisation and modelling solutions to the grocery, convenience retail, chain
drug, mass and general retail industries. Retailers use KSS Retail software to
model and optimise in-store pricing for regular and promotional pricing. KSS
Retail is available as an on-site, fully integrated system.
This information is provided by RNS
The company news service from the London Stock Exchange
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