KSS PriceNet Expands Network of Circle K Sites
Licensing Agreement Adds 124 Retail Locations Throughout The Northeast U.S.
Florham Park, NJ – July 28, 2008 – KSS, the global leading supplier of fuels pricing analytics, execution and optimization systems to the oil & gas, convenience store, grocery and big box retail industries, announces that Circle K Stores Inc has expanded its existing licensing agreement for the KSS PriceNet system to accommodate over 124 additional retail locations in the northeastern region of the United States.
“We are delighted that Circle K continues to recognize the value of our systems and our people by expanding the use of PriceNet across their network,” said Bob Stein, KSS chief executive officer and president.
About PriceNet
PriceNet is an end-to-end pricing solution supporting the key tasks and stakeholders involved in retail fuels pricing, from capturing field-based intelligence at the site level to the generation of price proposals, via comprehensive pricing rules or price optimization, to consistent and timely implementation. High levels of automation and an ‘exception-based’ approach ensure a rapid response to competitors and market conditions and allow pricing analysts to leverage the power of pricing analytics.
About KSS
KSS is the global leading provider of fuels 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, N.J. and European headquarters are based in Manchester, U.K.
For further information please visit the KSS web site 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
Media Contact: Neil McGlone, Michael A. Burns & Associates - Tel +1 214 521 8596 nmcglone@mbapr.com
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