[July 29, 2014]

KWI Gains Momentum Since Acquisition of Source Code & Associated Patent License for KWI Cloud 9 Mobile Solution from VeriFone

KWI, the industry leading Cloud solutions provider to specialty Retail, today announced KWI Cloud 9 Mobile POS 4.2, its first release since the acquisition and 8 new mobile clients since the January 2014 acquisition from VeriFone http://www.kwi.com/pressroom/pdfs/NRF_Press_Release_Acquisition.pdf.

KWI continues to experience dynamic growth with the branded KWI Cloud 9 Mobile solutions representing a Mobile base just shy of 60 retailers including David Yurman, Steven Alan, Pandora (News - Alert), Tom Ford, Scoop and Intermix. These progressive clients have deployed mobile standalone in the Cloud integrating to KWI Merchandising ERP real-time, deploying their Omni-channel strategy and real-time retailing globally in record time. This includes Isaac Mizrahi's new concept store and a leading jewelry retailer's flagship store in Paris. The experience opening our first store with KWI Cloud 9 Mobile POS was phenomenal. The real-time features for Omni-Channel retailing and ease of use for our store staff made this a smooth and successful store opening, stated Bob Hyde, SVP Retail, from Xcel Brands. Hyde continues, the prestige of the store location in the Hamptons demanded a customer experience with mobile and KWI has been a great partner.

"It is an exciting time for KWI and our Retailers. KWI Cloud 9 Mobile is enabling retailers to achieve their Omni-channel strategy faster than they ever thought they could. It is truly game-changing," states Kliger, CEO KWI. Kliger continues, "Now that we are in control of the entire stack and platform, we are selling direct and engging with much larger retail organizations than ever before - eliminating the previous reseller agreement opens up opportunities to create enterprise relationships. We are now able to deliver innovation and strategic advantage faster in the cloud with complete control over our end-to-end offering and recently delivered our first release totally rebranded for KWI Cloud 9 Mobile POS with updated features. We are providing mPOS features more rapidly meeting our customer's requirements and as the KWI tradition, they are all on one version of the code with control of the entire platform. Our next major release will include Clienteling."

The KWI Cloud 9 Mobile platform - available on Apple (News - Alert) iPads, iPad mini, and iTouch is designed, developed and delivered wholly by KWI; working collaboratively with the KWI retail community ensuring that the comprehensive Cloud based Mobile suite of solutions meets retailers' requirements to gain a competitive edge and deliver the customer experience they are striving for. It builds on KWI's deep domain retail expertise in back office enterprise-class Cloud platform, and a full range of capabilities offered today on KWI Cloud 9 Mobile POS including multiple payment tenders with cash, credit, gift cards, and other retail forms of payment; Omni-channel fulfillment solutions; non-sales transactions for store operations; employee and staffing solutions, inventory management, real-time lookup capabilities for customers and products; and the newest module for Clienteling and customer engagement in store.

"KWI clients are achieving true Omni-channel capabilities with KWI Cloud 9 Mobile POS. There is no requirement for a server in-store and all transactions are real-time enabling better customer engagement and service. KWI offers the total package with a world-class infrastructure of people and technology to support the cloud enterprise-class solutions with a 24/7/365 helpdesk for the stores and advanced managed services, as well as a true Cloud offering untethered from the POS in-store" states Gary Brill, VP Business Development for KWI. Brill continues, "Our Mobile standalone retailers are deploying KWI Cloud 9 Mobile as their only POS in stores today with the capabilities exceeding traditional POS and at a much more cost-effective price point, gaining real-time retailing in the cloud with their existing infrastructure whether KWI merchandising or another system. Our first Clienteling clients will be installing shortly and the integrated module provides a sale directly from the customer profile- it's very cool and our retailers are excited to be receiving this module so soon. Since we control all design and development today, our time to market in delivering mobile enhancements has improved dramatically and our clients are extremely happy."

About KWI

KWI offers complete Cloud-based solutions for a broad range of clients in specialty retailing. KWI customers include Brighton Collectibles, Dooney & Bourke, John Varvatos, Theory, 7 For All Mankind, Alice & Olivia, and Aerosoles. Since 1985, KWI has helped retailers achieve success through use of its leading systems including merchandising, POS, Mobile POS, CRM, and loss prevention. KWI's innovation - from delivering leading-edge Software as a Service (SaaS (News - Alert)) in 1985 to being in the forefront of technology advancements to deliver true Cloud retail solutions - enables retailers of all sizes with high-end enterprise-class functionality at cost-effective rates. To learn more about KWI visit www.kwi.com.

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