March 10, 2004
KSS announce licencing deal with US client
Following a careful and detailed evaluation, KSS are pleased to announce the successful conclusion of an important deal for the PriceNet solution with a US client.
Together with our existing US licencees, this deal adds credibility and recognition for PriceNet in the US market. The addition of this latest client brings the total number of sites that have been licenced for PriceNet to just under 10,000.
Iain Cockburn, Chief Executive Officer commented “We continue to see the US as a key market for KSS. This deal reflects the significant investment that we continue to make in this market. We are delighted with the progress that has been made in the US where PriceNet is helping retailers, large and small, deal with the increasing pressure on gasoline margins”
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
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