Epicor® Retail Offers Integrated Markdown Optimization for Merchandising Customers

Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions to the midmarket and Global 1000 companies, announced today that MarkdownXpert, a next-generation optimization solution from Applied Intelligence Solutions (AIS), is now available as a standard integrated offering for customers of its industry-leading Epicor Retail Merchandising suite.

Markdown optimization enables retailers to apply an effective markdown strategy to better manage inventory and margin risk; while some level of mark downs are key to stimulating sales, unchecked near-continuous markdowns can erode profits.

AIS’s MarkdownXpert solution provides retailers with more accurate, timely and granular information about consumer demand so they can optimize and streamline markdown practices. With three decades of expertise in forecasting, scalable algorithm development, pattern recognition and other artificial intelligence, AIS utilizes advanced technologies that accurately predict optimal timing and depth of markdown pricing strategies.

Unlike other solutions on the market, MarkdownXpert “learns” from each retailer’s best practices over time to make recommendations that reflect the way items should be effectively reduced. As an extension of the retailer’s established pricing program, the predictive tool provides an updated, modern method for managing revenue and margin optimization. The MarkdownXpert solution extends Epicor’s Merchandising solution, which provides the tools and functionality necessary to analyze, order, price and distribute merchandise for maximum return on investments.

“To weather today’s economic climate, retailers are finding the need to be more scientific and strategic when it comes to markdown management,” said AIS CEO Jim Dixon. “We’re proud to be working with Epicor to integrate MarkdownXpert and Epicor Retail Merchandising, combining two stellar retail offerings to provide organizations with a simple-to-use, comprehensive solution that gives retailers vital insight that can help increase sales and profitability.”

“Teaming up with AIS is yet another example of Epicor’s efforts to continually identify and deliver leading-edge retail technology to our customers to help them generate sustained competitive advantage,” said David Henning, executive vice president and general manager for Epicor Retail. “The precise recommendations and guidance provided by the integrated AIS/Epicor solution gives retailers unprecedented predictive capabilities to manage markdowns, enhance profitability and remain competitive.”

Today, many of the world’s leading retailers utilize Epicor Retail solutions and services to become more profitable, productive, competitive and eco-friendly. Epicor’s solutions leverage proven Microsoft .NET technology to improve business operations and meet the evolving merchandise and service expectations of today’s cross-channel shoppers. Epicor delivers comprehensive retail management solutions to enterprises in all tiers – from regional chains to multichannel global brands. Retail customers include hundreds of marquee names, from Aéropostale, American Eagle Outfitters, and Ann Taylor to Zales and Zumiez.

For more information on the Epicor Retail suite, please download the brochure outlining the offering, and for detail about AIS MarkdownXpert, please visit: http://www.aisllc.com.

About Epicor Software Corporation

Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor celebrates 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company’s worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.

Epicor, the Epicor logo, Epicor Retail, and Epicor Retail Merchandising are either registered trademarks or trademarks of Epicor Software Corporation (or a subsidiary thereof) in the United States and/or other countries. MarkdownXpert is a trademark of Applied Intelligence Solutions. All other trademarks are the property of their respective owners.

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