Retail Pro International, LLC Announces New CEO

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Retail Pro International, LLC is pleased to announce the appointment of Kerry Lemos as Chief Executive Officer. As CEO, Kerry will be responsible for the vision, direction and expansion of Retail Pro International, LLC. Kerry is a recognized leader in the application software industry, with more than 20 years experience working with companies such as Sage Software, Hotel Information Systems, Avantos, and Kadiri.

Kerry Lemos, Chief Executive Officer

I'm excited about Retail Pro's potential and I'm looking forward to being a catalyst for its future growth

Retail Pro International, LLC is pleased to announce the appointment of Kerry Lemos as Chief Executive Officer. As CEO, Kerry will be responsible for the vision, direction and expansion of Retail Pro International, LLC. Kerry is a recognized leader in the application software industry, with more than 20 years experience working with companies such as Sage Software, Hotel Information Systems, Avantos, and Kadiri. Within these diverse organizations, Kerry has created, developed and optimized channel distribution strategies, resulting in superior customer service and increased productivity. Living abroad and engineering joint venture projects in The People's Republic of China, Mexico, Brazil and Europe, Kerry is also a veteran of international business. Kerry's overall experience, especially within the retail and hospitality industries, will certainly compliment the Retail Pro global channel partner network.

"I'm excited about Retail Pro's potential and I'm looking forward to being a catalyst for its future growth," said Lemos. "We have a prestigious customer base, a global network of retail savvy channel partners, a proven product, and an experienced and skilled employee team - all the ingredients we need for unbridled success."

About Retail Pro International, LLC:
Retail Pro International, LLC, is a global leader in Point of Sale, Store Operations, and Back-Office software applications for the specialty retail industry. It is a wholly-owned company of Valens Offshore SPV II, Corp., managed by Valens Capital Management LLC; Calliope Capital Corporation, a wholly-owned subsidiary of Laurus Master Fund, Ltd. (In Liquidation) and managed by Laurus Capital Management, LLC; and Midsummer Investments, Ltd., managed by Midsummer Management LLC. With 90 offices across 47 countries, Retail Pro's network of affiliates provides local support and service for its worldwide customer base in the customer's local language and time-zone. Retail Pro International, LLC hopes to build on the over 20 years that the legacy Retail Pro® solution has helped retailers achieve their full potential by using its feature rich, scalable, and reliable retail store management system. More than 35,000 retail stores in 63 countries using 18 different languages trust Retail Pro® to manage their operations; from single stores to prestigious, multi-national retailers, Retail Pro is the proven global solution for serious retailers worldwide. For more information, please visit http://www.retailpro.com.

Media Contacts:
Xenia Moore
Moore Media Relations, Inc.
619-275-0185

Ken Sapp
Retail Pro International LLC
858-952-3003

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