Fred’s Inc. Chooses Aspect Loss Prevention’s EliteLP Reporting and Analytics Solution

Minneapolis, MN, April 19, 2012 --(PR.com)-- Aspect Loss Prevention, a leading provider of retail loss-prevention software and services, is pleased to announce the addition of Fred’s Inc. to Aspect’s distinguished roster of retailers who utilize their exception-based reporting and analytics solutions.

Fred's Inc., through its subsidiaries, operates 688 discount general merchandise stores, including 22 franchised Fred's stores, in the southeastern United States. With a unique store format and strategy that combines the best elements of a discount dollar store, drug store and mass merchant, Fred's stores stock more than 12,000 frequently purchased items that address the everyday needs of its customers.

Upon the announcement, Aspect’s CEO, David Duhaime, commented, “We're very excited to have Fred's become a member of our team. Fred's joins many leading retailers who pursue profit-protecting solutions through cutting-edge software and techniques – we are honored to compliment Fred's efforts to maintain low levels of shrink – savings that will ultimately translate into better value for both their customers and shareholders.”

Fred's Inc., as well as other retailers' selection of Aspect EliteLP, has helped promote Aspect as a major force in the Retail Analytics and Services market. Aspect EliteLP is known in the loss prevention industry as one of the first and easiest to use exception-reporting solutions available today. In a recent third-party evaluation, EliteLP was ranked #1 in value delivered when compared to competing industry offerings.

About Aspect Loss Prevention, LLC:
Aspect has saved retailers millions of dollars attributed to internal theft through its state-of-the-art exception-based reporting and analytics software, products, services and techniques. Aspect's software is used throughout the United States, as well as in European and Asian countries. For more information about Aspect Loss Prevention, visit http://www.aspectlp.com or call 1-888-777-0586.

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 circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by Aspect Loss Prevention or any other person that the events or circumstances described in such statement are material.