Industry News

PerformanceRetail Announces New Software Functionality to Drive Improved Retail Performance

Latest Version of InSite(TM) Delivers Enhanced Capabilities to Improve Merchandising and Operations Processes for Convenience Retailers CHICAGO, IL -- (MARKET WIRE) -- 13-10-2003 -- The NACS Show -- PerformanceRetail, Inc. the leading provider of web-based software for the convenience retail industry, announced today the availability of the latest version of InSite, its flagship suite of retail performance management applications. PerformanceRetail will demonstrate this new functionality at the National Association of Convenience Stores (NACS) annual conference this week, in Chicago, at booth 5231.

InSite is specifically designed to improve the profitability and efficiency of convenience retailers and decrease operational costs at the store level. The product's new capabilities deliver significant improvements including visibility into key business metrics, ease-of-use and operational control. The new functionality includes:

--  Automated Business Intelligence: Proactive notification of key
    business metrics that require immediate action. Managers have access to
    alerts for such issues as cash shortages, drive offs, discounts, cost
    exceptions, low inventories, stock variances, and price alerts. The InSite
    Alert Management Solution supports mobile devices such as mobile phones and
    blackberry's, allowing anywhere, anytime information updates.
--  Wizard-driven Business Processes: InSite's wizard-driven workflows
    improve operational functions such as daily settlement and price book
    management, decreasing the time associated with each task and reducing the
    potential for data entry errors. Because business process wizards drive
    user actions, employees spend less time training on product capabilities
    and more time on operations and sales.
--  Improved Category Management: InSite's category management
    capabilities are delivered through a single user interface, placing all the
    tools needed for effective management in one place. Category reporting,
    promotion tracking and analysis and an integrated planogram offering allow
    category managers to build a promotion from the bottom up, distribute the
    promotion to all stores and track the success of the promotion at the store
    or district level.
--  Out-of-the-box reporting: InSite leverages PerformanceRetail's
    customer and industry expertise and offers standardized reporting on key
    business data metrics. Upon implementation, reports are immediately
    available to store managers, category managers, division managers and price
    book teams for merchandising and operational data.
"This latest version of InSite builds on our commitment to deliver the most advanced and easy to use convenience retail software solution available in the market today," said Marc Hafner, president and CEO of PerformanceRetail. "By providing an unprecedented level of efficiency, control and customer service, we're enabling our customers to realize tremendous cost savings and embrace technology to improve overall efficiency and profitability."

About PerformanceRetail

PerformanceRetail is the leading provider of web-based software for the convenience retailing industry. InSite, the company's integrated suite of retail software applications, enables retailers to improve the profitability and efficiency of key business processes such as merchandising, site operations, fuel management, performance analysis and financials. PerformanceRetail's modular, hosted solutions and comprehensive services ensure customers realize value quickly while reducing upfront capital expenditures and ongoing support costs. By partnering with PerformanceRetail, industry leaders are transforming their retail operations into highly competitive, customer-driven profit centers. For more information, visit

Dean Cruse
PerformanceRetail, Inc.

David Lord
512.335.8771 ext. 13
Blanc & Otus Public Relations

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