Press Release

16_04_2008   TOREX PREVIEWS NEW SOLUTIONS AND NORDIC STRATEGY AT GASTRONORD 2008

New Version of Torex™ OSCAR-POS On Show at Region’s  Biggest Hospitality Fair

STOCKHOLM, SWEDEN – 15th April 2008 - Torex Retail Holdings Limited (Torex™), the leading European-based global provider of software and solutions to the extended retail marketplace, today announced that it will be showcasing the latest version of Torex™ OSCAR-POS at GastroNord, the leading trade fair in the Nordic and Baltic regions for hotels, restaurants, catering, fast food and convenience stores. The event takes place between 22nd-25th April, 2008 at Stockholmsmässan, Stockholm and Torex will be exhibiting at stand AG25.

With a new regional organisational structure to be announced at GastroNord and a consumer driven solutions portfolio, Torex is able to provide best-in-class, end-to-end solutions across the hospitality and retail sector, including retail, petroleum and convenience, fast moving consumer goods, and leisure, food & beverage markets. The Torex portfolio ranges from diverse POS solutions and loss prevention systems, to human capital management, warehouse management, supply chain management and business analysis.

Torex will be previewing the latest version of Torex OSCAR-POS, a sophisticated POS, administration and management solution for fast moving retail environments. The new version will feature newly enhanced modules promoting greater customer loyalty, stock control and payroll. Designed to meet the highest levels of customer service through efficient management of transactions across the whole value chain, Torex OSCAR-POS gives retailers real-time visibility and control over their business operations.
 Graeme Cooksley, President and COO of Torex, commented: “GastroNord is a fantastic platform from which we can demonstrate our new solutions and commitment to the greater Nordic region. The leisure, food and beverage sectors, which put customer service at the forefront of their operations, are prime examples of the types of businesses that would greatly benefit from Torex solutions. Our recent restructure, sound financial footing and wide ranging solutions portfolio combine to position Torex as a leading global retail supplier.”

Held every two years, GastroNord 2006 hosted over 26,000 visitors and more than 400 exhibitors.