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Food Pantry Limited Chooses Celerant RMS as New Retail Software Solution

Staten Island, New York (May 15, 2005)-- Food Pantry Limited has chosen Celerant Technology Corp. as their new provider of real-time Java technology retail management systems. With more than 110 stores nationwide, Food Pantry Ltd., a Hawaii-based privately owned chain of stores that cater primarily to the needs of the traveling public, has at least 15 different banner names including, Lamonts, Whalers General Store, Accents, and Kohala Bay Collections.

"Celerant showed us a system that can manage our inventory and sales reporting both accurately and efficiently, which is something we've had difficulties with in the past,"said Chief Technology Officer of Food Pantry Ltd, Dennis K. Biby. "We are looking forward to a long term relationship with Celerant and trust that they have the software capabilities that Food Pantry has been looking for."

With more than 25 years in the retail industry, Food Pantry Ltd. retail stores spent almost a year analyzing a variety of retail software systems for an adequate solution.

"Celerant is pleased to be chosen by Food Pantry for this project. They are in need of a system that can handle the varying business models that fall under the Food Pantry umbrella and Celerant has the opportunity to replace their three different systems with one very flexible and centralized system," said Ian Goldman, CEO of Celerant Technology. Implementation and training will be a 55-day process in order to train the more than 700 Food Pantry employees on the system. Food Pantry will be going live on Celerant Command within the next few weeks.

About Celerant Technology

Celerant's Command Retail is an advanced real-time point of sale, POS software solution, which manages all areas of retail including POS, Inventory Management, Warehouse, Distribution Center, Allocation, Multi-Channel/E-Commerce/Kiosk, Data Mining, and Back-office, in a single, integrated system. Our advantage is the flexibility of our Java platform, allowing Celerant professionals to conduct cost-effective analysis and adaptation based on the individual needs of each retailer. The result is a better system that meets the needs of retail businesses and gives them the tools to take Command of their success.

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