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Retek Showcases Latest Technology at Retail Systems 2003/VICS Collaborative Commerce

    CHICAGO--June 9, 2003--

Retek Demonstrates Enterprise Ready Point Solutions that Deliver Value, Innovation and Simplicity

    Retek Inc. announced today that it is demonstrating its enterprise ready point solutions for retailers at the Retail Systems 2003/VICS Collaborative Commerce (Retail Systems 2003) at McCormick Place, Lakeside Center, Chicago, IL on June 10-12, 2003 in booth #1502.
    Retek alliances and partners, including Accenture, IBM, Blue Martini, Brickstream, Oracle and Sun Microsystems will also participate in the Retek booth.
    Highlights of Retek's participation at the Retail Systems 2003 conference include:

-- Retek Store - Retek will feature an interactive store that demonstrates Retek(R) Integrated Store Operations(TM) (ISO) solutions running on IBM hardware that incorporates RFID, handheld scanners, POS and WiFi technology.
-- Retek Mid-Market Offering - Learn how Retek solutions are delivering Mid-Market retailers a quick ROI with rapid implementation processes, low cost hardware and software options that provide a low total cost of ownership (TCO). Representatives from IBM, Linux and Oracle will be available to discuss how their solutions help retailers lower their TCO.
-- TechTours(R) - Retek is participating in the Retail Revenue Management for General Merchandise and Apparel and Planning/Allocation TechTours(R).
-- Cocktail Party - Retek is hosting a cocktail party in its booth on Tuesday from 5:00 to 6:00 pm.

    "Retek continues to lead the retail software industry with innovative technology and services that deliver low TCO while providing retailers maximum business value," said Duncan Angove, chief strategy officer at Retek. "The Retail Systems 2003 conference is a perfect place to demonstrate Retek's latest solutions to the retail industry and showcase the benefits leading retailers have achieved with Retek solutions."

    About Retail Systems 2003/VICS Collaborative Commerce

    The Retail Systems 2003/VICS Collaborative Commerce conference sessions explore and highlight the most recent systems implementations from industry leading companies. The exhibit floor will include the latest offerings in B2B/supply chain, e-commerce, and retail store and corporate technologies from more than 250 exhibiting companies. Retail Systems 2003/VICS Collaborative Commerce is organized by MoonWatch Media Inc., a leading technology publishing and events company that has followed the advancements of technology applications within the retail, e-commerce, and supply chain industries for more than a decade. The company provides analysis and insight about a broad spectrum of issues and trends through publications, conferences and expositions, Internet services, special reports, and customized research. MoonWatch Media has organized Retail Systems Conference & Exposition since 1989, and also organizes other retail IT forums around the world.

    About Retek Inc.

    Retek Inc. is the leading provider of mission-critical software and services to the retail industry. Retek solutions integrate collaborative software with patented predictive technologies, consulting services, and the best practices of customers and partners to help retailers create, manage and fulfill consumer demand. Leading global retailers including Fast Retailing, A&P, Tesco, Best Buy, Family Dollar Stores, Gap Inc., Sainsbury's, Eckerd Corp. and Kohl's Department Stores use Retek solutions. Visit Retek on the web at www.retek.com.

    Retek is a trademark of Retek Inc. Other names may be trademarks of their respective owners.

    Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such factors are described from time to time in the company's Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.