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Retalix Announces Closing of Strategic Financing Transaction

November 23, 2009 (FinancialWire) — Retalix(R) Ltd. (NASDAQ: RTLX), a provider of software solutions for retailers and distributors, announced that the private placement transaction entered into by Retalix on September 3, 2009 with the Alpha investor group was consummated recently.

Retalix issued to the investors 3,612,804 ordinary shares, constituting 17.7% of the outstanding share capital (prior to such issuance), and warrants to purchase up to an additional 1,250,000 ordinary shares, for gross consideration of approximately $32.9 million.

Together with other shares purchased by the investors, including from Barry Shaked, one of Retalix’s founders, following the closing they hold an aggregate of 20% of the outstanding share capital, and their warrants represent an additional 4.95% of the outstanding share capital of Retalix (after giving effect to the exercise of such warrants). The Alpha investor group is comprised of Messrs. Boaz Dotan, Eli Gelman, Nehemia Lemelbaum, Avinoam Naor and Mario Segal.

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