Polaris Retail Solution – Retail Excel is now powered by SAP NetWeaver

Polaris Retail Solution – Retail Excel is now powered by SAP NetWeaver

Chennai, August 29, 2007: Polaris Retail Infotech Ltd. (PRIL), a leading retail software provider and a wholly owned subsidiary of Polaris Software Lab Ltd, today announced that its flagship product, Retail Excel, has achieved SAP NetWeaver Certification.

Polaris Retail achieved “Powered by SAP NetWeaver” certification through its successful integration with SAP NetWeaver Exchange Infrastructure (SAP NetWeaver XI) and a Business Package for SAP Enterprise Portal. Retail Excel’s Point-of-Sale & Store Solution module integrates seamlessly with SAP Supply Chain & Distribution and provides a box like integrated end-to-end solution for retailers.

Commenting on the certification, Mr. Mohit Oberoi, Business Head, PRIL, said, “PRIL is now on an aggressive growth path. The SAP certification is a significant milestone in the company’s business roadmap. With this, PRIL is equipped to enter the International market and scale up its domestic presence.”

PRIL currently has over 70 customers with presence in 3000 stores.

About SAP NetWeaver:

SAP NetWeaver is the open integration and application platform that integrates people, information, and processes. It powers not only mySAP Business Suite and SAP xApps, but also partner solutions like Polaris Retail Excel, as well as customer custom-built applications. SAP NetWeaver aligns IT with the business and lowers the total cost of ownership of customer IT infrastructures.

About Polaris Retail Infotech:

Polaris Retail Infotech Ltd (PRIL) is a leading retail technology player in India. PRIL is a wholly owned subsidiary of Polaris Software Lab Ltd, a leading provider of banking and financial services software solutions. Retail Excel is the flagship product from PRIL. Retail Excel is integrated with SAP at Vishal Retail, DCM Shriram-Hariyali Kissan Bazaar, Godrej Agrovet – Adhaar & Natures Basket and OWM Nahar (Monte Carlo & Cotton County). Other Retail clients of PRIL include retail chains like Metro Cash & Carry, Food Express Retail-Total Hypermarkets & Monday to Sunday, Media Mart (The India Today Group), Ritu Kumar, Amartex, Maspar, Kirby, 6Ten and many more. For more information on PRIL, please visit www.polarisretail.com.