Manthan Systems and Retail Technologies Corporation (RTC) Announce a Strategic Partnership to Promote Next Generation Business Intelligence to the Retail Market

CHICAGO, July 14, 2010 - Manthan Systems (www.manthansystems.com ) and RTC
(www.rtc-group.com) today announced that they have completed a
partnership agreement to facilitate the sales and deployment of Manthan's
leading Retail BI solution, ARC. Under the terms of the agreement Manthan and
RTC will be working together to market ARC to US based Retailers with RTC
taking the lead role in managing and supporting the business design and
implementation requirements of joint clients.

"We are pleased to welcome RTC to our growing list of
partners" said Peter Charness, President Manthan America's. "RTC has over 20
years of experience providing retailers with superior solutions and services,
with a first rate reputation for combining thorough retail knowledge with
strong technology capabilities. Today, RTC's solutions are installed in
thousands of sites throughout North America. RTC is very well positioned to
help retailers successfully benefit from the powerful capabilities that are
available within ARC."

"Manthan's ARC solution is the most comprehensive Retail BI
solution that we have seen in the market," said Neil Banerjee, EVP Sales &
Marketing. "Covering the decision support requirements of the merchandise
office, store operations, customer relationships, finance, loss prevention,
supplier analytics and more, we believe that Manthan has truly delivered on
the promise of BI with this next generation solution. The ARC solution
successfully blends sophisticated advanced capabilities such as data mining,
with an ease of use, low cost of ownership, and quick implementation time
frame that has not previously been possible."

ABOUT MANTHAN SYSTEMS: Manthan Systems produces cutting edge
analytic solutions for global Retail and CPG organizations. Manthan's
breakthrough solutions, under the ARC product portfolio, transform the way
retailers deploy, adopt and use analytics for strategic advantage. ARC spans
the entire spectrum of retail decision making delivering role-based, advanced
analytics and performance management, with products for merchandising
analytics, financial analytics, customer analytics, supplier collaboration
analytics and enterprise retail BI. These award winning products provide a
significant edge to a retailer's analytical capability and maturity. The
solution is delivered in a failsafe, time-bound, cost-effective manner, and
encourages enterprise-wide adoption of BI and analytics. Manthan has deployed
ARC across a wide range of retail segments and formats, having transformed
decision making for some of the biggest names in retail across the globe. For
more information, please visit www.manthansystems.com

ABOUT RTC: RTC is a leading developer of innovative, cost
effective, store and enterprise solutions that help retailers gain
competitive advantage. Headquartered in Kennesaw, GA and with a large office
in Orlando, FL, RTC enables customers to leverage their 20 years of
experience in delivering retail enterprise solutions and services. RTC offers
an IBM iSeries based communication management solution (HTP-Link) and several
additional modules in their MMSxTend Application Suite. RTC is also providing
Systems Hosting Services for a number of retailers in their Orlando data
center. In addition, RTC offers the StoreMS Application Suite consisting of
Point-of-Sale, Customer Loyalty Rewards and Gift Card which are all being
well received by retailers who are capitalizing on the wealth of
functionality that the application suite delivers. For more information,
please visit www.rtc-group.com.

    Peter Charness
    Manthan Systems
    +1-800-746-9370
    media.contact@manthansystems.com
    www.manthansystems.com

    Neil Banerjee
    RTC
    EVP Sales & Marketing
    nbanerjee@rtc-group.com
    +1-919-383-4588
    www.rtc-group.com

Peter Charness, Manthan Systems, +1-800-746-9370, media.contact at manthansystems.com;
Neil Banerjee, RTC, EVP Sales & Marketing, nbanerjee at rtc-group.com, +1-919-383-4588