10th May 2005 07:01
Torex Retail PLC10 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 retailerHeinrich Deichmann-Schuhe GmbH ("Deichmann") to implement its open platformJAVA-based Lucas EPoS solution into 1,600 stores across Europe. Lucas has already been rolled out to 14 UK stores, by the UK team, followingsuccessful implementation in Austria, as the first part of a pan-Europeanroll-out. Stores in Belgium, Hungary, Slovakia, Czech Republic, Denmark andSwitzerland are to be upgraded to Lucas over the next year. Deichmann will also implement the Lucas Mix&Match discounting and promotionmodule to provide flexible, centralised control and management of promotions. Anew movement of goods and inventory management module integrated with mobiledevices will handle goods received. Additionally, Lucas has been equipped withan Open Payment Initiative (OPI) interface to simplify the connection ofElectronic 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 positivetrading outlook announced at our AGM on 28 April. We expect to announce furthernew 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: [email protected] About Deichmann Essen-based Deichmann is Europe's largest shoe retailer with more than 2,000stores worldwide, more than 1,600 of which are in Europe. An independent familybusiness, established in 1913, Deichmann employs 20,000 staff and in 2004 soldover 90 million shoes worldwide. For more information, please visitwww.deichmann.com About Torex Retail plc - www.torexretail.com Torex Retail plc is a leading independent provider of retail technologysolutions to many of the UK and Europe's leading retailers. In Spring 2004 thecompany was bought out from healthcare software provider Torex plc andre-floated on London's Alternative Investment Market with a marketcapitalisation of more than £100M. Torex's Retail's product and solution setspans high street and out-of-town retail and the petroleum and conveniencesectors and the company's customers include Dixons, Woolworth, Selfridges, Shelland Argos. The company's products cover EPoS and a range of in-store and headoffice, loss prevention, logistics and performance and productivity solutions.Torex Retail has more than 1,000 staff based in the UK, Germany, Benelux andEire. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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