Partnership Agreement

Eurovestech PLC
26 October 2007



                                                                 26 October 2007


                                Eurovestech plc

                        ('Eurovestech' or 'the Company')

                             Partnership Agreement


Eurovestech's wholly owned subsidiary KSS Retail Limited ('KSS Retail'), a
leading supplier of science-based pricing intelligence, optimisation and
modeling solutions to the grocery, convenience retail, chain drug and mass
retail industries has signed a partnership agreement with Retalix to provide
grocers a comprehensive solution for price management.

KSS Retail today announced a partnership with Retalix(R) (Nasdaq: RTLX), a
global provider of software solutions for retailers and distributors  to provide
grocers with a 'holistic' price management offering, which includes the creation
of an overall pricing strategy, the execution and analysis of price management,
and a science-based price optimisation system.

The companies will combine a range of strategic consulting offerings and
advanced technology solutions to help grocers execute effective price management
programs that include:

•  Price Strategy Development, a solution that is tailored to a retailer's 
   unique competitive environment and designed to enhance price image, while 
   driving sales and sustainable profits.

•  Price Strategy Execution and Analysis via Retalix HQ/Store software, 
   Retalix's central and store-level rules-based item pricing and inventory
   management solution, which controls, automates and analyzes store pricing
   strategies.

•  Price Optimisation using KSS Retail's PriceStrat product that leverages 
   proven scientific algorithms to generate optimised regular and promotional 
   prices. The system uses product elasticity, cannibalism and affinity
   cross-effects combined with mathematical relationships and business rules.


'We forged this partnership to better respond to the industry's requirement to
establish and manage prices on an end-to-end basis. Grocers operate in extremely
competitive environments where every penny counts, and this holistic approach to
the price lifecycle process will enable retailers of all sizes to realize
incremental gross profit dollars without sacrificing sales,' said Ray Carlin,
executive vice president for Retalix USA. 'Grocers now have a comprehensive
price management solution that helps them develop a sound strategy and execute
on that strategy through automation, optimisation and integration.'

'The combined competencies of Retalix and KSS Retail provide our customers with
a truly holistic approach to pricing, ranging from strategy to optimisation to
execution,' said Lance Jacobs, chief executive officer of KSS Retail. 'We are
excited to partner with these market leaders and provide solutions to retailers
that strengthen their competitive position, drive significant additional
profitability and ensure execution to strategy.'



Enquiries:
Eurovestech plc
Richard Bernstein                      Tel: [phone]
John East & Partners Limited
Simon Clements                         Tel: [phone]



                      This information is provided by RNS
            The company news service from the London Stock Exchange