June 11, 2012

Canadian Grocer Implements Pricenet

Florham Park, PR, 2012

New Canadian client selects cloud-based solution for its fuel pricing needs

Florham Park, NJ - June 11, 2012

KSS Fuels announced today that a major Canadian grocer has selected the PriceNet suite of Pricing Intelligence tools to manage its growing wholesale and retail fuels business. The company joins a growing number of clients choosing to access a cloud-based version for speed and ease of implementation.

The selected PriceNet suite includes core price management capabilities as well as comprehensive business analytics, including dashboards to monitor performance. The cloud-based deployment will significantly accelerate implementation times, allowing the client to experience the benefits of PriceNet sooner as well as reducing both hardware and on-going maintenance costs.

“We’re seeing more clients choose our cloud-based solution as they seek the fastest time-to-value and to minimize on-going IT costs,” said Bob Stein, president and chief executive officer of KSS Fuels. “We expect demand for cloud deployments to continue and we’re investing in the infrastructure to support this growing business model.”

PriceNet is a comprehensive pricing solution that streamlines the pricing process, from competitor surveys to price change at POS, pump and sign, delivering pricing in minutes. 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 price optimization. A family of products, PriceNet includes modules for increased mobility and analytic dashboards to support real-time fuels pricing and performance monitoring via handheld mobile devices.

Kalibrate (formerly KSS Fuels) is the only global provider of fuels pricing and retail location intelligence, helping retailers fine-tune decisions to deliver on performance goals.  Its proven software, analytics and consulting solutions draw on more than 20 years of expertise and insight into the needs and opportunities of petroleum retailers. Kalibrate has headquarters in Manchester, United Kingdom and Florham Park, New Jersey. The company also has a Center of Excellence in Tulsa, Oklahoma and sales operations in Florida, Illinois, Ohio, Texas, Canada, Brazil, China, India, Japan, Korea and Africa. For more information about Kalibrate, please visit Kalibrate.com.

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