November 20, 2009 (FinancialWire) — Retalix(R) Ltd. (NASDAQ: RTLX) (Retalix), announced that the plaintiff in the purported shareholder class action lawsuit that was filed last month in the United States District Court for the Eastern District of Texas, Sherman Division, against Retalix, its directors and a subsidiary of Retalix in connection with the strategic financing transaction signed by Retalix on September 3, 2009, has agreed to dismiss the case without prejudice and not to file a lawsuit relating to the transaction in any U.S. federal or state court.

Retalix has agreed not to seek the recovery of costs, fees or sanctions from plaintiff or her attorneys in connection with the case but has not agreed to pay any consideration in connection with the case or its dismissal. The dismissal remains subject to court approval, which has not yet occurred.

Retalix is an independent provider of software solutions to retailers and distributors worldwide.

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