Retail technology leader expands into Malaysia, Philippines, Thailand, Indonesia, Vietnam, and Singapore

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SINGAPORE�-�Media OutReach�- 8 May 2019�-�CitiXsys,
a global provider of integrated omnichannel solutions for retail and
hospitality management is expanding across Southeast Asia with 6 new offices to
help retailers improve all facets of their operations and partner with leading
technology resellers interested in addressing the Asian retail market.

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CitiXsys has the financial backing (Series
B round of $20m USD in late 2018), to aggressively go into Southeast
Asia, the world's fastest growing internet region with eCommerce alone expected
to reach $53billion USD by 2023.

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CitiXsys' flagship product�iVend
Retail, is an omnichannel solution designed to enable retailers
to maximise their sales and margin potential by delivering a seamless shopping
experience for customers across all channels. For enterprise retailers, it is
the only omnichannel offering with an extensible code base and API integration
to any ERP, plus proven connectors to SAP, Sage and Microsoft Dynamics 365
Business Central.

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"Purchasing a retail management solution
is one of the most important decisions a retailer can make, since the future of
the entire business depends on it," says Kamal Karmakar, CEO of CitiXsys. "Southeast Asia offers an ideal business
climate today, and with such massive opportunity in this important region,
well-placed retailers can capitalise by streamlining their operations and also
delivering a better customer experience."

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Highlights of CitiXsys' rapid deployment:

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• There are now 6 CitiXsys' offices in
  Singapore, Jakarta (Indonesia), Ho
  Chi Minh (Vietnam), Manila (Philippines), Bangkok (Thailand)
  and Kuala Lumpur (Malaysia).
• In Singapore, a partnership was signed
  with leading SAP solutions partner�Axxis
  Consulting to resell CitiXsys products.
• In Thailand, CitiXsys has signed
  prominent IT enterprise distributor,�e-Rong,
  to enable its own network of partners to roll out iVend Retail.

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Thitima Manitporn, Business Director at E-rong Consultants Co., Ltd. Experts
for Firewall, Security, UTM and IT trend, says, "The omnichannel solution
market in Thailand will be expanding a lot and after learning about iVend
Retail by CitiXsys we felt it was an amazing product for us, it's easy to
customise and will help us better support our existing retail customers."

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With the expansion plan, local talents are needed to build
on the established employee base in Philippines, Malaysia and Vietnam with an
active Human Resources search for a Channel Sales Manager, Consulting Manager
(Local Product Expert) and Inside Sales to fully staff each of its 6 offices.

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For more about the omnichannel solution used by leading
retailers across Southeast Asia, please visit�www.ivend.com.
Career opportunities can be found at�https://ivend.com/careers/

About iVend Retail

iVend Retail by�CitiXsys is a global provider of integrated
omnichannel solutions designed for the way retailers work today. iVend Retail's
solutions for point of sale, loyalty, eCommerce, digital passes, mobility and
analytics increase retailer revenue, improve customer retention, and bring in
new business, all while lowering operating costs.