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Pinnacle Partners with KSS

Providing integrated fuel and merchandise price management and optimization solutions

 

ARLINGTON, Texas, October 3, 2006 – The Pinnacle Corporation (Pinnacle) and KSS (Knowledge Support Systems, Inc.), a leading provider of price optimization solutions for the retail and petroleum sectors, announced today the development of a strategic business alliance. KSS and Pinnacle will work together to integrate the KSS PriceStrat and PriceNet price optimization solutions within Pinnacle’s retail and fuel management solutions.

"By partnering with Pinnacle, we will be able to offer a retailer an end-to-end solution for store-item price book management and price optimization, as well as fuel management, fuel price automation, and fuel price optimization,” said Lyle Walker, vice president of marketing for KSS. “Our mutual customers will benefit from an improved workflow that leverages price optimization and automation with their Pinnacle solutions.”

KSS PriceStrat provides a merchant with the ability to accurately model, forecast, and optimize pricing for everyday and promotional prices within the store. KSS PriceNet provides fuel price automation and optimization that help retailers more effectively manage fuel pricing to consistently achieve volume and profit goals by site, by grade, and by day. Both solutions leverage the KSS library of consumer demand models.

"It’s no secret that margins are slimming down and competition for consumers is becoming fierce," said Drew Mize, Pinnacle’s vice president of retail solutions. "Integrating KSS’s products into Pinnacle’s solutions base will provide improved efficiencies and turnkey solutions for our clients. We are excited to work with KSS and the PriceStrat and PriceNet solutions."

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