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RTC and Manthan Systems Announce Partnership

Manthan Systems and Retail Technologies Corporation (RTC) announce a Strategic Partnership to promote next generation Business Intelligence to the Retail Market.

Chicago, IL. July 12, 2010 - Manthan Systems (www.manthansystems.com ) and RTC (www.rtc-group.com) today announced that they have completed a partnership agreement to facilitate the sales and deployment of Manthan's leading Retail BI solution, ARC. Under the terms of the agreement Manthan and RTC will be working together to market ARC to US based Retailers with RTC taking the lead role in managing and supporting the business design and implementation requirements of joint clients.

"We are pleased to welcome RTC to our growing list of partners" said Peter Charness, President Manthan America's. "RTC has over 20 years of experience providing retailers with superior solutions and services, with a first rate reputation for combining thorough retail knowledge with strong technology capabilities. Today, RTC's solutions are installed in thousands of sites throughout North America. RTC is very well positioned to help retailers successfully benefit from the powerful capabilities that are available within ARC."

"Manthan's ARC solution is the most comprehensive Retail BI solution that we have seen in the market" said Neil Banerjee, EVP Sales & Marketing. "Covering the decision support requirements of the merchandise office, store operations, customer relationships, finance, loss prevention, supplier analytics and more, we believe that Manthan has truly delivered on the promise of BI with this next generation solution. The ARC solution successfully blends sophisticated advanced capabilities such as data mining, with an ease of use, low cost of ownership, and quick implementation time frame that has not previously been possible."

About Manthan Systems: Manthan Systems produces cutting edge analytic solutions for global Retail and CPG organizations. Manthan's breakthrough solutions, under the ARC product portfolio, transform the way retailers deploy, adopt and use analytics for strategic advantage. ARC spans the entire spectrum of retail decision making delivering role-based, advanced analytics and performance management, with products for merchandising analytics, financial analytics, customer analytics, supplier collaboration analytics and enterprise retail BI. These award winning products provide a significant edge to a retailer's analytical capability and maturity. The solution is delivered in a failsafe, time-bound, cost-effective manner, and encourages enterprise-wide adoption of BI and analytics. Manthan has deployed ARC across a wide range of retail segments and formats, having transformed decision making for some of the biggest names in retail across the globe. For more information, please visit www.manthansystems.com

About RTC: RTC is a leading developer of innovative, cost effective, store and enterprise solutions that help retailers gain competitive advantage. Headquartered in Kennesaw, GA and with a large office in Orlando, FL, RTC enables customers to leverage their 20 years of experience in delivering retail enterprise solutions and services. RTC offers an IBM iSeries based communication management solution (HTP-Link) and several additional modules in their MMSxTend Application Suite. RTC is also providing Systems Hosting Services for a number of retailers in their Orlando data center. In addition, RTC offers the StoreMS Application Suite consisting of Point-of-Sale, Customer Loyalty Rewards and Gift Card which are all being well received by retailers who are capitalizing on the wealth of functionality that the application suite delivers. For more information, please visit www.rtc-group.com.