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KSS announces first European licensee for RackPrice

 

Manchester, UK –July 10, 2007––KSS, the global leading provider of retail and wholesale fuels price automation and optimization systems, announced today that it has secured its first European RackPrice client.

“We are delighted to announce our first European licensee for our RackPrice wholesale fuels pricing system. This win validates that the functionality of RackPrice meets the requirements of the European wholesale fuels supply and distribution sector. It is also another example of a client not requiring any upfront testing before making a decision to license. We look forward to working with the client to implement the system to help them gain greater insight into their markets and more effectively meet the needs of their customers,” said Bob Stein, Chief Executive of KSS’ fuels group.

KSS RackPrice is a comprehensive wholesale and commercial fuels pricing system designed to combine pricing analyst expertise with a robust, highly efficient process workflow to generate margin-maximizing prices. With a suite of analytical tools, including competitor price prediction, demand forecasting and price optimization, RackPrice provides deep insight into market and competitor dynamics as the basis for more effective pricing decisions.

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