Profitect to Highlight Its Profit Amplification Solution at Retail Technology Business Expo 2012

WALTHAM, Mass., March 6, 2012 /PRNewswire/ -- Profitect, a provider of solutions that increase profitability throughout the retail supply chain, today announced that the company will demonstrate its modular profit amplification suite in booth #831 at the 2012 Retail Technology Business Expo, March 13-14 in Earls Court, London.

(Logo: http://photos.prnewswire.com/prnh/20110712/NE33204LOGO )

Profitect will also co-present with Morrisons, one of the UK's largest food retailers, March 14 at 15:15 p.m. Colm Connolly, Morrisons IT Engagement Manager for Corporate and Commercial; Peter Haste, Morrisons Senior Finance Manager for Profit Recovery; and Guy Yehiav, Profitect CEO will discuss current economic conditions that are forcing many retailers to look for new ways to improve the overall health of their organizations. The presentation will focus on how Morrisons uncovered new profit opportunities to rapidly improve their business.

With today's extreme pricing pressures, increased costs and rapidly changing consumer trends, retailers are seeking new ways to increase profitability and growth. Through pattern-seeking algorithms, Profitect's profit amplification solution enables retail organizations to discover and actualize untapped profit and growth opportunities across the retail value chain.

"Profitect is excited to attend this year's Retail Technology Business Expo and highlight how we generate value quickly for our UK customers," said Guy Yehiav. "We are especially honored to present alongside the Morrisons team, to showcase how our technology allows them to quickly grow and improve profits."

About Profitect

Profitect's enables retailers to quickly discover and actualize untapped profit and growth opportunities across the entire retail value chain. Profitect's algorithms quickly identify measurable profit optimization opportunities through the identification of value chain margin leakage, waste, process errors, operational risks and damages and shrink — returning intelligent, prioritized actions for increasing profit. For more than 16 years, Profitect's expertise has successfully amplified profits for retailers worldwide and delivered immediate ROI supported by modular, quick, non-disruptive deployment of modern, scalable technology and time-tested best practices. With 100% customer success, Profitect consistently fulfills its commitment to deliver more than 5% profit increase within six months.

SOURCE Profitect