Company News • 19.03.2008

Torex and McDonald´s sign Licesing Arrangement

Torex Takes Robust POS Solution to Restaurants Worldwide

Torex Retail Holdings Limited (Torex™), the leading European-based global provider of software and solutions to the extended retail marketplace, today announced a new licensing arrangement with McDonald’s Corp. regarding its Torex™ NewPOS-POS Point-Of-Service software.

The new agreement is an evolution of a long standing relationship enjoyed by Torex and McDonald’s that now encompasses a consultative relationship giving both parties the ability to develop the solution independently going forward.

McDonald’s has successfully deployed Torex NewPOS-POS software in restaurants in 84 countries on a wide range of platforms including handheld terminals, kiosks and POS systems, where benefits have included increased productivity and improved customer service.

McDonald’s selected Torex NewPOS-POS software due to its many successful implementations worldwide within the McDonald’s restaurant community and because the solution has the best fit for McDonald’s future plans.

“Our relationship with McDonald’s is an example of the strategic approach Torex has to delivering end-to-end solutions to our global customers. We are committed to working with our customers to ensure that our solutions are tailored to their business requirements in order to achieve maximum benefit,” said Mike Greenough, Chairman and CEO, Torex.

The Torex NewPOS-POS Restaurant Platform is the fastest growing international POS application for Quick Service Restaurants. Torex NewPOS-POS significantly improves operational results including increased counter and drive thru speed of service, improved order accuracy and streamlined kitchen production.

The Torex NewPOS-POS Platform is designed for large-scale enterprises and provides food service operators with groundbreaking customization and support models to tailor the solution to meet their unique operational needs. Torex NewPOS-POS Enterprise Management tools help clients streamline deployment, support and software distribution, to deliver lower overall cost of ownership.

Supplier
Logo: ORACLE Deutschland B.V. & Co. KG

ORACLE Deutschland B.V. & Co. KG

Salzufer 8
10587 Berlin
Germany

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