Retail Pro International New CEO

July 20, 2009

Retail Pro International, LLC Announces New CEO

FOLSOM, Calif. (July 15, 2009) Retail Pro International, LLC is pleased to
announce the appointment of Kerry Lemos as Chief Executive Officer.
As CEO, Kerry will be responsible for the vision, direction and expansion
of Retail Pro International, LLC. Kerry is a recognized leader in the
application software industry, with more than 20 years experience
working with companies such as Sage Software, Hotel Information
Systems, Avantos, and Kadiri. Within these diverse organizations,
Kerry has created, developed and optimized channel distribution
strategies, resulting in superior customer service and increased
productivity. Living abroad and engineering joint venture projects
in The People’s Republic of China, Mexico, Brazil and Europe, Kerry
is also a veteran of international business. Kerry’s overall experience,
especially within the retail and hospitality industries, will certainly
compliment the Retail Pro global channel partner network. “I’m excited
about Retail Pro’s potential and I’m looking forward to being a catalyst
for its future growth,” said Lemos. “We have a prestigious customer base,
a global network of retail savvy channel partners, a proven product, and
an experienced and skilled employee team – all the ingredients we need
for unbridled success.”

About Retail Pro International, LLC

Retail Pro International, LLC, is a global leader in Point of Sale, Store
Operations, and Back-Office software applications for the specialty retail
industry. It is a wholly-owned company of Valens Offshore SPV II, Corp.,
managed by Valens Capital Management LLC; Calliope Capital Corporation,
a wholly-owned subsidiary of Laurus Master Fund, Ltd. (In Liquidation) and
managed by Laurus Capital Management, LLC; and Midsummer Investments,
Ltd., managed by Midsummer Management LLC. With 90 offices across 47
countries, Retail Pro’s network of affiliates provides local support and service
for its worldwide customer base in the customer’s local language and
time-zone. Retail Pro International, LLC hopes to build on the over 20 years
that the legacy Retail Pro® solution has helped retailers achieve their full
potential by using its feature rich, scalable, and reliable retail store management
system. More than 35,000 retail stores in 63 countries using 18 different
languages trust Retail Pro® to manage their operations; from single stores
to prestigious, multi-national retailers, Retail Pro is the proven global solution for
serious retailers worldwide. For more information, please visit The Retail Pro Website.

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