RET Retec

RNS Number:5901M
Retec Digital PLC
23 November 2006

                                                            Thursday 23 November


                               Retec Digital PLC

                       ("Retec Digital" or the "Company")

                            AGM Trading Statement


At the Annual General Meeting, held this morning, Sir Brian Ivory, Chairman,
made the following statement to Retec Digital's shareholders.


"The current financial year has got off to a promising start. The reverse
takeover of Retec Interface in September 2006 means that we have transformed the
business and we believe that our unique digital communications solutions can
deliver significant value to our customers and shareholders going forward.


We are continuing to see growing demand for our services across all areas of the
retail industry. The roll-out with Sainsbury's for Entertainment Xtra is
progressing well. Over 100 stores have been installed into the Sainsbury's
estate and media sales are accelerating as we approach the busy Christmas
trading period.


The opportunities of the retail sector and the steps we are taking to expand and
strengthen our business, both in the UK and overseas, gives the Board confidence
in the future progress of the Company. We enter the new financial year with a
very solid platform on which to build, both organically and by selective
acquisition.


We look forward to reporting further progress in the development of the Company
during the current year and the Board remains confident of the future progress
of the Company."


All resolutions proposed at the meeting were duly passed.


                                     -Ends-


For further information please contact:

Retec Digital PLC                        01455 222271
John Cole, Chief Executive
Charles McKay, Finance Director

Hogarth Partnership                      020 7357 9477
Georgina Briscoe
Charlie Field



Notes to editors:


Retec Digital provides retailers with an in-store digital marketing package
designed to increase core sales, provide additional revenue over and above this,
improve cost control and customer satisfaction.


The Company's solution comprises three basic components: plasma screens for
general in-store advertising; shelf-edge interactive systems activated by touch
screen, keyboard or bar-code; and shelf-edge broadcast systems sited next to a
specific range, carrying advertising and promotional content on these products.


It already has systems installed in major retail chains including Sainsbury's,
WH Smith, Alpha Retail, Boots and Woolworths.


Flexible and versatile, Retec's solution can incorporate a mixture of advanced
products within its range. These include:


Entertainment Xtra - a communications channel incorporating the range of the
company's system aimed at promoting home entertainment products such as music,
films, games and books. Other customers include Sainsbury's, WH Smith and Alpha
Retail.


Product Finder - this is used to locate any product within a store and can be
used in conjunction with other applications within the company's portfolio.


Guided Selling - a touch screen providing audio/visual information/instruction
on products at the point of sale. This is currently installed on behalf of
beauty products group L'Oreal in 125 Boots stores in UK and in the Netherlands
and Republic of Ireland.


Electronic Top-up - a generic term for the use of a terminal for a transaction
by a customer. Retec's product suite has the ability to top up a mobile phone,
sell mobile phone content (games, logos etc), purchase of gift cards and
interaction with loyalty schemes. Customers of this product type are Boots and
Woolworths.


Display Networks - consists of a number of plasma screens linked together to
broadcast content. At present, installed in Sainsbury's Bank, it is worth some
#0.3million annually to Retec.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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