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KSS announce European order for PriceNet

Decision by major fuels supplier & marketer follows a successful evaluation

Manchester, UK – August 2, 2004 – KSS Limited, a leading global provider of pricing solutions to petroleum, convenience and grocery retailers today announced that it has secured an order for its’ PriceNet fuels pricing system from a leading fuels supplier & marketer in a key European market.

KSS were recognised by the client as experts in the field of fuels pricing, with solutions that deal with a wide spectrum of market conditions and provide a range of capabilities designed to streamline the fuels pricing process and improve business performance through more effective and responsive decision-making.

The system has been implemented in less than two months. In addition to providing reporting and analytical capabilities, PriceNet will help the client to monitor competitive activity, improve the visibility and validation of competitive price data and help identify opportunities to drive incremental performance.

"It is now clear that pricing is being recognised as a very important and key business discipline by more and more customers. We are very pleased to have been given another opportunity to prove the huge amount of incremental value available from giving pricing analysts the right tools and processes for the job. We have again shown that we can deliver and install a solution in a very short time frame and with minimal disruption, that will immediately start to deliver real long term benefits,” commented Iain Cockburn, CEO of KSS.

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