Island Pacific's Retail Pro® Teams with RBS WorldPay for Integrated Payment Processing

RBS WorldPay offers small- to mid-sized merchants the convenience of consolidated statements, settlement, and customer service

September 05, 2006

Atlanta, GA - Island Pacific, Inc. (IPIN.PK) a global leader in retail POS and Merchandising software solutions announced today an agreement with RBS WorldPay to offer full service integrated payment processing solutions through its newly formed Retail Pro® Payment Solutions division. The three year agreement with RBS WorldPay, a global provider of electronic payment processing services, will allow Retail Pro® to offer a technologically-advanced embedded payment solution with support for credit, debit, check, gift, loyalty and more. The new solution will be available this fall for users of both RetailPro 8-series and 9-series versions of the Company's software.

Retail Pro® is a retail business management software solution which helps businesses around the world run more profitably and achieve significant returns on their technology investments. The software is a scalable integrated application suite consisting of POS and store operations, merchandising, planning, business intelligence, and customer management/CRM. Known for its adaptability, Retail Pro®is unique as a standard system available in 18 languages and localized for use in 73 countries around the world.

"This is an exciting arrangement for us, as well as RBS WorldPay," said Kerry Kodatt, Vice President of Retail Pro® Payment Solutions. "As a registered ISO through RBS' US subsidiary, Citizens Bank, we are now well-positioned to deliver robust, multi-faceted payment solutions which provide our customers reduced costs through very competitive rates and create a significant new revenue stream for Island Pacific/Retail Pro® and its business partners. In Retail Pro®, RBS is getting a top performer in the retail POS sector with access to over 35,000 retail customer locations."

"We are thrilled to be part of developing value added services and capabilities along the Retail Pro® platform, resulting in a single source solution," said Jeff Barrett, Director for RBS WorldPay. "Island Pacific/Retail Pro® is a leader who provides solutions to a savvy group of merchants that have an affinity for advanced retail technology and services. We are working together to exceed expectations 'end-to-end'."

"We evaluated many companies in the marketplace before aligning ourselves with RBS WorldPay," said Darren Williams, COO of Island Pacific. "The ability for RBS WorldPay to deliver a premium portfolio of global payment processing services at very competitive rates made them the obvious partner of choice. We are extremely pleased with this new relationship and the addition of Kerry Kodatt to lead our new RetailPro Payment Solutions team." Williams added, "This new program is in line with our strategy to introduce a number of new value-added services to our existing and new customers, each of which will drive significant re-occurring revenue growth."

About RBS WorldPay

RBS WorldPay is a leading, single-source provider of electronic payment processing services – including credit, debit, EBT, checks, gift cards, e-commerce, customer loyalty cards, fleet cards, prepaid cards, ATM processing and cash management services. The U.S. payment processing division of the Royal Bank of Scotland Group plc, RBS WorldPay is a non-bank subsidiary of Citizens Financial Group. For more information, please visit www.rbsworldpay.us.

About Island Pacific/Retail Pro®

Island Pacific/Retail Pro® is a global leader in retail Merchandising, Store Operations, Planning, and Multi-channel software solutions. For more than 25 years, Island Pacific/Retail Pro® has developed a reputation for delivering high-quality, high-value, high-reliability software to the retail industry.

As a result, Island Pacific/Retail Pro® is the definitive resource for scalable, flexible and affordable solutions for retailers around the world. Island Pacific/Retail Pro® software solutions manage billions of transactions annually in more than 35,000 store locations worldwide, in 73 countries, and 18 different languages.

The company is headquartered in Irvine, California, has offices in the United States and the United Kingdom, and is represented by Business Partners in over 30 countries. For more information, please visit www.islandpacific.com.

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RBS WorldPay
800.200.5965, x. 1210
media@rbsworldpay.us

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