RET Retec

RNS Number:8878A
Retec Digital PLC
26 July 2007


26 July 2007


                               RETEC DIGITAL PLC

                           ("Retec" or "the Company")


                   Trading Statement for the 12 months ended

                                  30 June 2007


Retec Digital PLC ("Retec" or "the Company"), the guided selling specialist,
today issues the following trading update.


Retec is pleased to report that trading for the twelve months to 30 June 2007
was in line with management's expectations. Retec will announce its results for
the year ended 30 June 2007 on Wednesday 26 September 2007.


Since the acquisition of Retec Interface in September 2006, the Company has won
several significant contracts with a number of large retailers, either directly
or through its business partner, IBM UK Limited. The Company continues to work
with national high street retailers such as Sainsbury's, Tesco, Boots, Argos and
Woolworths.


As reported in January 2007, the deployment of our Entertainment Xtra product,
particularly in relation to the Sainsbury's contract, has been well received. To
date, these units have been installed in more than 150 of Sainsbury's and 37 of
Tesco's largest stores.


Within Sainsbury's, revenue for the period has been generated mostly from the
entertainment sector, but more recently advertising from non-entertainment
suppliers has commenced. This is a significant development, which we aim to
build upon during the next financial year.


As announced in May 2007, through a relationship between Retec Interface and IBM
UK Limited, Alliance Boots have ordered over 1,200 "Advantage Card Extra Points"
loyalty card kiosks to replace their existing estate.


In addition during the year, through its business partner IBM UK Limited, the
Company has delivered substantial orders for Argos and Woolworths.


Commenting on the period, John Cole, Chief Executive Officer stated:


"Retec has shown significant growth during the last 12 months and the Board is
confident that this will continue during the financial year to 30 June 2008.


"We have been successfully rolling out our products to a number of major
retailers within the UK, and we will be seeking to build on these relationships
by continuing to develop further services and solutions that deliver value to
retailers.


"We have an excellent position within our chosen market and we will look to
further enhance this as a leading provider of digital guided selling solutions
in the UK."



                                    - Ends -





For further information please contact:

Retec Digital PLC                                                   01462 482944
John Cole, Chief Executive
Charles McKay, Finance Director

Hogarth Partnership Ltd                                            020 7357 9477
Fiona Noblet / Ian Payne

Charles Stanley & Co. Ltd                                           
Mark Taylor                                                        020 7739 8200  





Notes for Editors:


Retec Digital PLC provides retailers with Guided Selling packages designed to
increase core sales, provide additional revenue over and above this, improve
cost control and customer satisfaction.


It already has systems installed in major retail chains including Sainsbury's,
WH Smith, Tesco, 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, Tesco and WH Smith.


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 has a variety of applications including
for example, wine and electrical goods.


Self Service - 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.






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

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