Business Services Industry

Microsoft Rewards Technology Innovation at KSS with Presentation of Retail Application Developer Award

Business Wire, March 2, 2007

KSS PriceStrat Takes Top Honors in Business Insight Category

FLORHAM PARK, N.J. -- KSS, a global leader in retail price optimization solutions, announced today that Microsoft has awarded the KSS PriceStrat price optimization solution with the Europe/Middle East/Asia (EMEA) Retail Application Development (RAD) award, in the Business Insight category. Microsoft presented KSS with the award Feb 27, 2007, at the RAD award ceremony at the CCD Congress Center in Dusseldorf, Germany.

The awards, which attracted entries from all over the EMEA region including Belgium, France, Israel, South Africa, Sweden, Turkey and the United Kingdom, are designed to reward independent software vendors (ISVs) and retailer IT departments that can successfully demonstrate innovation and excellence by delivering business value using Microsoft[R] technologies in the retail sector. This year's panel of judges was made up of some of the leading figures from the European retail industry: Paovi Hokkanen (Stockmann, Finland), Hansjoerg Bausch (Kaufhof, Germany), Neil Ashworth (Tesco.com, UK), Martin White (Primark, Ireland) and Michael Gerling (EHI Retail Institute, Germany).

"We are excited to receive this prestigious honour from Microsoft in recognition of our PriceStrat solution," said Mark Hawtin, KSS vice president of business development. "PriceStrat, built on the .NET platform, provides retailers around the world with the ability to accurately model and forecast the effects of pricing and promotions decisions, before they are implemented. The business insight that this solution brings to our customers allows them to consistently develop and execute the optimum mix of prices and promotions that satisfy their customers needs and generate desired performance across the store."

About KSS

KSS is the leading supplier of comprehensive pricing intelligence, optimization and execution solutions to the grocery, chain drug, general retail, convenience retail and petroleum industries. The company helps retailers manage more than $70 billion in annual revenue from more than 22,000 outlets. Retailers use KSS software to model, forecast and optimize the effects of pricing and promotional decisions. PriceStrat and other KSS software are available as an on-site, fully integrated system. For more information, visit www.kssg.com. For media inquiries in Europe, contact Mark Hawtin at 0161 228 0040 or hawtinm@kssg.com. For all other media inquiries, contact Roy Miller at (903) 422-5117, or at roy@roygmiller.com.

KSS UK Headquarters www.kssg.com.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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