5 June 2008
Eurovestech plc
("Eurovestech")
Contract win
Eurovestech is delighted to announce an important 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.
The contract is with Sonae Distribuição of Portugal, a significant European
retailer with 2007 revenues of €3.4bn and with more than 630 stores.
Richard Bernstein, Chief Executive of Eurovestech, commented: "The scale of
this contract provides further evidence of the sales momentum within KSS Retail
as well as increasing customer acceptance of KSS Retail's innovative and
cost-effective business solutions."
Further information:
Eurovestech plc
Richard Bernstein Tel: 020 7491 0770
Chief Executive www.eurovestech.com
John East & Partners Limited
Simon Clements/ David Worlidge Tel: 020 7628 2200
About KSS Retail
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. KSS Retail is available as an on-site,
fully integrated system.
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