Press Release

November 7th 2016

THE RETAIL EQUATION/SYSREPUBLIC NAMES NEW VICE PRESIDENT OF REGIONAL SALES; INDUSTRY VETERAN SEAN MANION TO LEAD STRATEGIC GROWTH

Supports Client Growth, Expanded Predictive-Analytics, Return Fraud Solutions

 

IRVINE, Calif. (November 7, 2016) – The Retail Equation and Sysrepublic, industry leaders in retail analytics solutions and the newly merged retail business unit of Appriss, today named Sean P. Manion vice president of regional sales. With 28 years of retail sales experience, Manion is exceptionally skilled at selling technology-based solutions and has deep experience in the retail industry, specifically across vertical markets such as specialty, department stores, grocery, hospitality and automotive. He will be responsible for leading the continued growth of The Retail Equation and Sysrepublic’s suite of retail analytics solutions.

Prior to joining the company, Manion held several executive-level sales positions with Demandware, Inc.; GlobalBay/Verifone Inc.; and MICROS-Retail. While at MICROS-Retail, Manion led the company’s growth for 10 years through the sale of solutions for point-of-sale and retail loss prevention. He has worked with more than 80 retailers throughout his sales career.

“As retailers continue to realize significant value from The Retail Equation’s and Sysrepublic’s combined retail exception-based reporting and return fraud solutions, there is increasing demand for these services,” said Mark Hammond, CEO of The Retail Equation. “Manion’s deep experience working with retailers across many vertical markets will support our aggressive growth initiatives.”

About the Retail Equation

The Retail Equation, an Appriss company, optimizes retailers’ revenue and margin by shaping behavior in every consumer transaction. The company’s solutions use predictive analytics to prevent fraud and abusive returns and then turn each individual shopper’s purchase or return into a more profitable experience. This yields immediate financial payback, increasing store comps by as much as 2 percent, with significant return on investment. The Software-as-a-Service applications operate in stores across a diverse retail base of specialty apparel, footwear, hard goods, department, big box, auto parts and more. For more information about The Retail Equation, visit www.theretailequation.com.

About Sysrepublic

Sysrepublic, a part of The Retail Equation, was founded by a team of highly successful IT retail experts in 2002 and is currently considered a global retail data analytics leader. The company leverages proprietary integration systems and database structuring to provide a comprehensive analytical view of user actions and process inefficiencies across a variety of risk areas including: point-of-sale, supply, inventory, finance, pharmacy, returns, and human resources. The company has offices in Los Angeles, London and Warsaw. For more information about Sysrepublic, visit www.sysrepublic.com (http://www.sysrepublic.com).

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