Partnership agreement with NCR
25 June 2008 - 4:00PM
UK Regulatory
June 25, 2008
Retec Digital PLC ("Retec")
Partnership with NCR to Provide Guided Selling Kiosks
Self-service solution enables consumers to make more satisfying, informed
product choices
LONDON -Retec Digital Plc (AIM: RET.L) announces an agreement with NCR
Corporation (NYSE: NCR) to provide a self-service guided selling solution,
including software from Retec and kiosks from NCR. Retec and NCR will also
offer business store consultancy to ensure optimal placement of the kiosks
in-store to drive usage, as well as deployment and maintenance services.
The NCR and Retec Digital partnership has already attracted interest from
several leading UK retailers who are keen to trial the combined solution.
Guided selling kiosks are invaluable in assisting shoppers with purchasing
decisions by providing clear and consistent product details and comparison
data. They free up staff time to enhance customer services elsewhere instore
and can be used to up-sell and cross-sell products, increasing revenues for the
retailer.
Alessandro Santalucia, NCR's director of Indirect Sales for Retail Solutions in
Europe, commented, "Retec Digital is an exciting company, and their innovative
software solutions play an important role in expanding NCR's self-service kiosk
portfolio. Beyond this exciting opportunity to provide a best-in-class guided
selling kiosk solution, we also value the opportunity this partnership presents
to further develop the self-service market in the UK and elsewhere in Europe."
Consumers see self-service solutions as offering better service for many
different transactions. Large inventories, a high degree of reliance on
part-time workers, and staff turnover can make it difficult to ensure experts
are readily available in store to help customers. Kiosks, in contrast, present
accurate information consistently in a compelling multimedia format.
Guided selling kiosks are particularly useful in the consumer electronics
segment, where product choices and feature combinations can be overwhelming.
For example, they can also be used to enable shoppers to sample digital content
- such as music, DVDs and games - prior to purchase, or to provide advice on
the best wines to accompany particular foods.
John Cole, chief executive officer of Retec Digital, said, "We are delighted to
have this agreement with NCR. It is a major step forward for Retec and will
make a significant difference to our business."
Cole continues, "We have been incredibly successful in the UK with our
products, having major contracts with Sainsbury's and Tesco, amongst others.
This partnership will enable us to expand our business in the UK in conjunction
with NCR."
The Retec Digital software will be made available on the compact and reliable
NCR EasyPoint(tm) 42 and NCR EasyPoint Advantage kiosks. Intuitive to use, the
kiosks can be configured with a range of processing, printing, mounting and
peripheral options.
For further information please contact:
Retec Digital PLC 01455 222260
John Cole, Chief Executive
Charles McKay, Finance Director
Hogarth Partnership Ltd 020 7357 9477
Fiona Noblet / Ian Payne
Charles Stanley Securities
Mark Taylor 020 7149 6000
About Retec Digital
Retec Digital PLC provides retailers with Guided Selling packages designed to
engage customers and increase sales. It already has systems installed in major
retail chains including Sainsbury's, WH Smith, Tesco, Alliance Boots and Argos.
Flexible and versatile, Retec's solution can offer a mixture of advanced
products within its range.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how the
world connects, interacts and transacts with business. NCR's assisted- and
self-service solutions and comprehensive support services address the needs of
retail, financial, travel, healthcare, hospitality, gaming and public sector
organizations in more than 100 countries. NCR (www.ncr.com) is headquartered in
Dayton, Ohio.
# # #
NCR is a trademark of NCR Corporation in the United States and other countries.
END
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