August 2, 2004

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.

About KSS

KSS is the global leading provider of pricing analytics, price management, rules-based pricing and optimization technology and services to fuel retailers and wholesalers in the oil and gas, convenience store, grocery and big box retail industries. KSS clients include global, national and regional companies managing a total of over $100 billion in revenue through more than 20,000 fuel sites and rack terminals, throughout the world. KSS US headquarters are located in Florham Park, NJ with European headquarters in Manchester, UK.

For further information please visit the website at www.kssg.com or contact:

Bob Stein, Chief Executive Officer Tel: +1 (973) 549 1850
Mark Hawtin, Vice President Marketing Tel: +44 (0)161 228 0040

For media inquiries, contact Roy Miller Tel: +1 972 717 3500 ext 235 or rmiller@transsynergy.com

Arrange a consultation, USA (973) 549 1850, Europe +44 (0) 161 228 0040, Contact us

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