Samsonite Chooses Polaris "iStore Linux"

…Guarantees 50% Lower Setup & Running Cost on Retail Store Software

GURGAON, India, February 15, 2010 - Polaris Retail Infotech Ltd. (PRIL), a leading Retail Software
provider and a wholly owned subsidiary of Polaris Software Lab Ltd, today
announced the launch of Linux powered Retail Store Management solution
"iStore Linux". PRIL has signed up Samsonite to rollout iStore Linux in its
60 exclusive brand outlets across India. iStore is available on all Linux
flavors present in the market. The combination of SOA based iStore
application on Linux system can potentially bring down the set-up and running
cost of retail store software by 50%.

Samsonite in India chose PRIL's iStore bundled with IBM's
Retail Integration Framework to gain advantages of scalability and
flexibility that a next generation retail solution and an open operating
environment could provide. With iStore available on Linux, Samsonite was
convinced of the benefits of robustness, high availability and low TCO.

iStore was jointly launched by PRIL and IBM in 2009. It is the
first SOA-based Retail solution in India that is built on the
open-standards-based Java(TM) Platform, Enterprise Edition and is bundled
with IBM's Retail Integration Framework. iStore has revolutionized the Retail
Store management application marketplace with its rich back office
functionality and operations friendly POS capabilities. The iStore POS
interface is touch screen enabled with L-design for maximum sales user
comfort. The POS supports multi channel and self service capability. iStore
back office has pre-integrated enterprise module with retail ERP
functionality and pre-built SAP integration capability. Owing to its SOA
architecture, Intellect Store can easily integrate with retailer's software
and hardware legacy systems.

Commenting on the launch of iStore Linux and the recent wins,
Mr. Mohit Oberoi, CEO, PRIL, said, "Modern format retail requires
scalability, performance and flexibility to address the rapidly growing
business operations. Last year we partnered with IBM to benefit from their
flexible and scalable J2EE platform for iStore, our next generation Retail
POS application."

"We have now made iStore available on Linux. This can
significantly bring down the set up and run costs of POS application software
to as low as 50% of the exiting costs. This is particularly useful for the
large retailers with expanding network of brand outlets as every distribution
of store software will be available at half the cost," he added.

Going by its recent success in India subcontinent, PRIL is now
foraying in the US and Eastern Europe market to enhance its global footprint
with Intellect Store. PRIL is a market leader in Indian POS market with over
35,000 POS counters across India.

About Polaris Retail InfoTech

Polaris Retail Infotech Ltd (PRIL) is a leading retail
technology player in India having launched India's first SOA based retail
solution. PRIL is a wholly owned subsidiary of Polaris Software Lab Ltd, a
leading Financial Technology Company. Retail Excel is the flagship solution
from PRIL, which is deployed at leading retail chains in India and South East
Asia across multiple retail categories and formats. Retail Excel is also
successfully integrated with various enterprise solutions at the backend like
SAP, Oracle Apps, BaaN, Microsoft Axapta, Ramco. For more information on
PRIL, please visit www.polarisretail.com

    For further information, please contact:

    Shailesh Dhawla
    Polaris Software
    +91-99620-23124
    shailesh.d@polaris.co.in

For further information, please contact: Shailesh Dhawla, Polaris Software, +91-99620-23124, shailesh.d at polaris.co.in