Aspect Loss Prevention and Tomax® Form Partnership to Deliver Real-time Loss Prevention Solution for Retailers
Bloomington, MN, March 28, 2009 --(PR.com)-- Aspect Loss Prevention, a leading provider of retail loss prevention data mining software and services, and Tomax Corporation®, a leading provider of real-time merchandising and store execution applications and services announced today the formation of a strategic partnership, to deliver enhanced loss prevention solutions for retailers.
“We are excited to expand our relationship with Tomax as our combined offering is currently being leveraged with great results at both general merchandise and specialty retail chains,” said David Duhaime, Aspect CEO.
“In rough economic times, it is important for retailers to proactively address all areas of potential loss,” said Eric Olafson, Tomax CEO. “The combined partnership offering includes Retail.net, a real-time point-of-sale, store operations and merchandising system, and Aspect Elite Loss Prevention, a robust exception-reporting solution, which analyzes data for fraudulent activities helping retailers reduce shrinkage.”
About Aspect Loss Prevention
Aspect Loss Prevention, a wholly owned subsidiary of PosNavitas Retail Services, Inc., is widely recognized as the world leader in retail exception reporting. Many Top-100 Retailers rely upon Aspect’s products and services to identify and reduce employee theft, monitor and improve cashier and operational compliance, automate reporting of business rule metrics, and generally reduce shrink. Aspect has an extensive team of experienced LP professionals dedicated to helping its customers apply Aspect technologies and expertise to reduce front-end shrink. Aspect's software is used throughout the United States, Europe and Asia. For more information about Aspect Loss Prevention, visit http://www.aspectlp.com or call 1-888-777-0586.
About Tomax
Tomax is the leading provider of real-time merchandising and store execution applications and services. The Tomax Retail.net suite helps retailers connect the dots across the demand-driven retail continuum, integrating people and processes, and providing timely, relevant, actionable information to improve retail results. Tomax has served retailers exclusively for more than 20 years, delivering Merchandise Planning, In-Season Merchandising, Merchandise Management, Workforce Management, Store Operations and Customer Management solutions, and implementation and application hosting services. The Tomax customer base includes over 100 branded retailers including Air Terminal Gifts, The Andersons, ALCO Stores, EZ Lube, Hallmark Canada, Kelly-Moore Paints, Pamida, Party City, Raley's Supermarkets, ShopRite, Snyders Drug Stores, Sportsman's Warehouse, Trader Joe's, Travel Traders, Winn Dixie, and 24 Hour Fitness.
Forward-Looking and Cautionary Statements:
This press release may contain certain forward-looking statements regarding future circumstances. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or material.
Media Contacts:
Aspect Loss Prevention
Todd Morgan
(612) 936-9280
tmorgan@aspectlp.com
Tomax Corporation
Joanna Kennedy
(801) 924-6339
jkennedy@tomax.com
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“We are excited to expand our relationship with Tomax as our combined offering is currently being leveraged with great results at both general merchandise and specialty retail chains,” said David Duhaime, Aspect CEO.
“In rough economic times, it is important for retailers to proactively address all areas of potential loss,” said Eric Olafson, Tomax CEO. “The combined partnership offering includes Retail.net, a real-time point-of-sale, store operations and merchandising system, and Aspect Elite Loss Prevention, a robust exception-reporting solution, which analyzes data for fraudulent activities helping retailers reduce shrinkage.”
About Aspect Loss Prevention
Aspect Loss Prevention, a wholly owned subsidiary of PosNavitas Retail Services, Inc., is widely recognized as the world leader in retail exception reporting. Many Top-100 Retailers rely upon Aspect’s products and services to identify and reduce employee theft, monitor and improve cashier and operational compliance, automate reporting of business rule metrics, and generally reduce shrink. Aspect has an extensive team of experienced LP professionals dedicated to helping its customers apply Aspect technologies and expertise to reduce front-end shrink. Aspect's software is used throughout the United States, Europe and Asia. For more information about Aspect Loss Prevention, visit http://www.aspectlp.com or call 1-888-777-0586.
About Tomax
Tomax is the leading provider of real-time merchandising and store execution applications and services. The Tomax Retail.net suite helps retailers connect the dots across the demand-driven retail continuum, integrating people and processes, and providing timely, relevant, actionable information to improve retail results. Tomax has served retailers exclusively for more than 20 years, delivering Merchandise Planning, In-Season Merchandising, Merchandise Management, Workforce Management, Store Operations and Customer Management solutions, and implementation and application hosting services. The Tomax customer base includes over 100 branded retailers including Air Terminal Gifts, The Andersons, ALCO Stores, EZ Lube, Hallmark Canada, Kelly-Moore Paints, Pamida, Party City, Raley's Supermarkets, ShopRite, Snyders Drug Stores, Sportsman's Warehouse, Trader Joe's, Travel Traders, Winn Dixie, and 24 Hour Fitness.
Forward-Looking and Cautionary Statements:
This press release may contain certain forward-looking statements regarding future circumstances. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or material.
Media Contacts:
Aspect Loss Prevention
Todd Morgan
(612) 936-9280
tmorgan@aspectlp.com
Tomax Corporation
Joanna Kennedy
(801) 924-6339
jkennedy@tomax.com
###
Contact
Aspect Loss Prevention
Todd Morgan
952-936-9280
www.aspectlp.com
Todd Morgan
952-936-9280
www.aspectlp.com
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