Torex Retail PLC
10 May 2005
10 May 2005
Torex Retail plc
Announces major LUCAS contract win
Torex Retail, a leading provider of IT solutions to major European retailers,
announces that it has won a €3.5 million order with German shoe retailer
Heinrich Deichmann-Schuhe GmbH ('Deichmann') to implement its open platform
JAVA-based Lucas EPoS solution into 1,600 stores across Europe.
Lucas has already been rolled out to 14 UK stores, by the UK team, following
successful implementation in Austria, as the first part of a pan-European
roll-out. Stores in Belgium, Hungary, Slovakia, Czech Republic, Denmark and
Switzerland are to be upgraded to Lucas over the next year.
Deichmann will also implement the Lucas Mix&Match discounting and promotion
module to provide flexible, centralised control and management of promotions. A
new movement of goods and inventory management module integrated with mobile
devices will handle goods received. Additionally, Lucas has been equipped with
an Open Payment Initiative (OPI) interface to simplify the connection of
Electronic Funds Transfer (EFT) devices in the different countries.
Chris Moore, CEO of Torex Retail, said:
'Our pipeline of new business wins is strong and underpins the very positive
trading outlook announced at our AGM on 28 April. We expect to announce further
new contract wins in the near future.'
Ends
Enquiries:
Seb Hoyle or Ginny Pulbrook
Citigate Dewe Rogerson
Tel: 020 7638 9571
or
Gill Constable
Torex Retail
Tel: 01753 770400
Email: gill.constable@torexretail.com
About Deichmann
Essen-based Deichmann is Europe's largest shoe retailer with more than 2,000
stores worldwide, more than 1,600 of which are in Europe. An independent family
business, established in 1913, Deichmann employs 20,000 staff and in 2004 sold
over 90 million shoes worldwide. For more information, please visit
www.deichmann.com
About Torex Retail plc - www.torexretail.com
Torex Retail plc is a leading independent provider of retail technology
solutions to many of the UK and Europe's leading retailers. In Spring 2004 the
company was bought out from healthcare software provider Torex plc and
re-floated on London's Alternative Investment Market with a market
capitalisation of more than £100M. Torex's Retail's product and solution set
spans high street and out-of-town retail and the petroleum and convenience
sectors and the company's customers include Dixons, Woolworth, Selfridges, Shell
and Argos. The company's products cover EPoS and a range of in-store and head
office, loss prevention, logistics and performance and productivity solutions.
Torex Retail has more than 1,000 staff based in the UK, Germany, Benelux and
Eire.
This information is provided by RNS
The company news service from the London Stock Exchange
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