DGAP-News: PetroChina Completes Rollout of Retalix StorePoint to More Than 16,000 Retail and Fuel Locations Across China

(firmenpresse) - Retalix Ltd.

17.05.2011 17:09
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Retalix POS and Fuel Software Solutions Help China's Leading Fuel Retailer
Enhance Automation, Control and Efficiency in Stores, Across the Enterprise

RA'ANANA, Israel, 2011-05-17 17:08 CEST (GLOBE NEWSWIRE) --
Retalix(r) (Nasdaq:RTLX) today announced that PetroChina has completed a rollout
of Retalix's StorePoint POS and StorePoint Fuel solutions to more than 16,000
convenience store and fuel locations across China.

PetroChina is one of the largest companies in China in terms of sales, and was
recently ranked the world's most valuable company in Financial Times' FT Global
500 2010. The Retalix software rollout was part of a larger IT hardware and
software upgrade for PetroChina, helping the retailer introduce greater
automation and control over its store-level and enterprise-level operations.

'Prior to the IT upgrade, PetroChina retail operations were dependent upon many
manual procedures. We realized the need for technology partners like Retalix to
help us enhance our IT systems in an effort to better manage our rapid growth
and expansion, and to sharpen our competitive edge,' said Wang Bo, vice
president of PetroChina Sales Company. 'Retalix's StorePoint POS and Fuel
solutions have provided sophisticated functionality, automating many of our
previously manual operations and introducing new efficiencies chain-wide. The
Retalix solution also promotes our new direction towards enhanced station
management?all of which leads to an enriched shopping environment and increased
customer satisfaction.'

The rollout of the point-of-sale, store management and fuel software to more
than 16,000 stores was completed in less than two years, and the software was
adapted and customized to fit the specific needs of PetroChina and the Chinese


market that they serve.

'This rollout with PetroChina is the largest deployment of a single Retalix
solution in the world, and one of the most noteworthy across the
convenience/fuel retail industry in terms of scope, chain size and quick
deployment. This project further enhances Retalix's position in the Chinese
retail market,' said Shuky Sheffer, chief executive officer of Retalix Ltd.
'The implementation is also a testament to our knowledgeable team of retail
industry experts and partners like MSGSB, who efficiently installed the
solution in a very short time span, considering the large number of sites
deployed. This project also testifies to the flexibility and stability of our
software, enabling us to quickly adapt the system to meet PetroChina's unique
requirements.'

Retalix's partner in China, MSGSB of Beijing, provided project management,
training and local support during and after the rollout.

About PetroChina

PetroChina Company Limited (NYSE:PTR) (SEHK stock code 0857), is one of the
largest companies in China in terms of sales and is ranked the world's most
valuable company in Financial Times' FT Global 500 2010. PetroChina is engaged
in a broad range of activities related to petroleum and natural gas, including
exploration, development and production; refining, transportation, storage and
marketing; production and sale of chemical products; and transmission,
marketing and sale of natural gas. PetroChina's 2010 turnover reached USD 224
billion, representing an increase of 43.8% from 2009. The company operates more
than 18,000 service stations across China. For more information, visit:
http://www.petrochina.com.cn/ptr/

About Retalix

Retalix is an independent provider of software solutions and services to
retailers and distributors worldwide. Retalix solutions serve the needs of
grocery chains, convenience and fuel retailers, food and consumer goods
distributors and independent grocers. The Company offers a portfolio of
software applications that automate and synchronize essential retail and supply
chain operations, encompassing stores, headquarters and warehouses. The
Company's International headquarters are located in Ra'anana, Israel, and its
American headquarters are located in Dallas, Texas. For more information, visit
http://www.retalix.com, the contents of which are not part of this press
release. Follow Retalix on Twitter: @Retalix.

The Retalix Ltd. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5937

Retalix is a registered trademark of Retalix Ltd. in the United States and in
other countries. The names of actual companies, products and services mentioned
herein may be the trademarks of their respective owners.

Safe Harbor for Forward-Looking Statements: Except for statements of historical
fact, the information presented herein constitutes forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995 and
U.S. federal securities laws. For example, the statements regarding the future
rollout of deployment of Retalix solutions and the performance goals that
Retalix customers like PetroChina are trying to achieve by deploying such
solutions all include forward-looking statements. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of Retalix,
including revenues, income and expenses, to be materially different from any
future results, performance or achievements or other guidance or outlooks
expressed or implied by such forward-looking statements. Such factors include
risks relating to Retalix's anticipated future financial performance and
growth, continued roll-outs with existing customers, continued interest in
Retalix's new platforms, the perception by leading retailers of Retalix's
reputation, the potential benefits to food and fuel retailers and distributors,
expansion into new geographic markets, and other factors over which Retalix may
have little or no control. This list is intended to identify only certain of
the principal factors that could cause actual results to differ. Readers are
referred to the reports and documents filed by Retalix with the Securities and
Exchange Commission, including Retalix's Annual Report on Form 20-F for the
year ended December 31, 2010, for a discussion of these and other important
risk factors. Except as required by law, Retalix undertakes no obligation to
publicly release the results of any revisions to these forward-looking
statements that may be made to reflect events or circumstances after the date
hereof, or to reflect the occurrence of unanticipated events.


CONTACT: For media information:
Brad Prizer
Retalix Ltd.
+1-877-573-7193
brad.prizer@retalix.com

For corporate affairs:
Doron Gerassi
Retalix Ltd.
+1-877-573-7193 x6283
Investors@retalix.com
News Source: NASDAQ OMX



17.05.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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