Re KSS Retail Contract

25 June 2009 Eurovestech plc ("Eurovestech" or "the Company") KSS Retail wins major multi-million dollar contract and signs strategic alliance with dunnhumby USA, LLC Eurovestech is pleased to report that its wholly-owned portfolio company, KSS Retail Ltd. ("KSS Retail") has received a licensing contract from a major US retailer with a multi-million dollar value. This contract was received in conjunction with the signing of a long term strategic alliance with dunnhumby USA, LLC ("dunnhumby"), an international leader in building sales and brand value for consumer goods and retail companies, to use KSS Retail's PriceStrat solution for price modelling and optimisation. The alliance will enable dunnhumby to provide price modelling and optimisation focused on the behaviour and needs of different customer segments to its existing and future clients in North America and elsewhere. dunnhumby is a joint venture between The Kroger Company and London-based dunnhumby Limited, a subsidiary of Tesco plc. Richard Bernstein, Eurovestech's chief executive, says: "With this deal, KSS Retail has achieved a landmark strategic alliance, which will see its technology being deployed within the world's leading retail organisations. This speaks volumes about the technology's value and credibility, and represents a step-change for the company, which has already demonstrated significant growth in revenue and profits earlier in the year. We are extremely pleased with KSS Retail's performance this year and are confident that this growth trajectory is firmly in place for the future." Further information: Eurovestech plc Richard Bernstein Tel: 020 7491 0770 Chief Executive John East & Partners Limited Simon Clements / David Worlidge Tel: 020 7628 2200 Notes to editors KSS Retail, based in Manchester, UK and New Jersey, USA, is the leading provider of price optimisation solutions for the grocery, convenience, chain drug, general and on-line retail industries. Retail merchants use KSS Retail software to accurately model, forecast and optimise retail prices for regular and promotional pricing by using an intuitive, fast, merchant-friendly tool that integrates price modelling and optimisation into the daily work-flow of a merchant. KSS Retail price optimisation customers consistently achieve improved market share, sales and profit growth, and enhanced competitive positioning. For more information, visit www.KSSRetail.com.
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