Retail Solutions Now Open for Business in Russia

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With New Partnership, Retail Solutions to Address One of the Fastest Growing Retail Markets and Extend Global Coverage

Retail Solutions, Inc., the leading provider of technology that helps consumer-product companies create value from retailer data, today announced that it is now able to offer services and local support to the CPG and retail community in Russia and the CIS.

To deliver services in Russia, Retail Solutions has partnered with ‘OOO RSi’, a Russian company formed to deliver and support the Retail Solutions Software-as-a-Service (SaaS) platform in the region.

“Russia is a large and rapidly growing market, with significant consolidation and development in Modern Trade changing the dynamics for both retailers and consumer goods companies,” explained Danny Eldridge, General Director, OOORSi. “CPG companies in Russia are eager to maximize the opportunity this market represents, and collaboration with major local and international retailers is one of the most effective ways to achieve this goal.”

“Retail Solutions is pursuing an aggressive expansion across European countries,” added Cédric Guyot, General Manager Europe at Retail Solutions. “Russia is the next country our customers are requesting us to support, as a component of our enterprise deployments. Retail Solutions is now rolling out across continents, and we are ramping up both the global and local support and consulting capabilities to ensure we consistently deliver a high ROI rather than a simple technology platform.”

Before the end of 2012, the Retail Solutions platform will be available in French, Spanish, Italian, German, Chinese and Russian. The company already supports its worldwide customers (5x24) from three support centers in China, United Kingdom and the United States.

“More than 20% of Retail Solutions revenues currently come from outside of the United States, up from 2% a year ago, and this percentage is growing at a fast pace,” concluded Peter Rieman, Chief Operating Officer at Retail Solutions. “We continue to look at all options to deliver against the global aspirations of our customers: after having earlier successfully expanded through direct subsidiaries and M&A, entering Russia through a partnership with a local company is a new way to address a new market for Retail Solutions.”

Retail Solutions in Russia can be reached at Moscow, 119180, ul. B. Polyanka, 7/10, building 3, premise 2, office 17, by telephone at +7-903-519-8114, or by email at danny(dot)eldridge(at)retailsolutions(dot)com.

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Cedric Guyot
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