The Company is an independent provider of enterprise-wide software solutions to global food and fuel retailers and U.S. grocery and convenience store distributors.
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This company has a strong performance track record since their inception. A small hickup in implimentation in the third and fourth quarters of '06 gave a slight drop in the stock price which has been quickly regained in the first quarter of '07. Also, an newspaper in Israel is passing around the notion that Verifone (PAY) is looking to aquire Retalix to expand their product line and strengthen their market position.