Douglass Distributing in Deal with KSS

Implementing PriceNet solution in Lone Star stores

SHERMAN, Texas -- Douglass Distributing will be employing KSS Fuels' PriceNet and PriceNet Mobile across its sites in Texas, under the Lone Star Food Store banner, to help with the implementation of price changes through a more automated process.

"We are excited to move our pricing from a manual process to an automated system with PriceNet," said Brad Douglass, president of Douglass Distributing. "It's imperative that we are able to respond quicker to market changes and we feel that KSS Fuels has the tools to make that happen more efficiently."

Bob Stein, KSS CEO and president, said, "Pricing volatility and competitive pressures are concerns that all fuel retailers face today, but with PriceNet these issues are efficiently managed. We are pleased to be working with Douglass Distributing and look forward to helping them experience faster and more effective pricing implementations and processes."

PriceNet is a comprehensive pricing solution that supports the key tasks and stakeholders involved in retail fuels pricing. High levels of automation and an 'exception-based' approach ensure a rapid response to competitors and market conditions and allow pricing analysts to leverage the power of pricing analytics. A family of products, PriceNet also includes PriceNet Mobile, which delivers real-time fuels pricing via handheld mobile devices such as PDAs and Blackberrys.

KSS Fuels is a leading global provider of fuels pricing, site evaluation and network planning software, analytics and consulting services to companies in the oil and gas, convenience store, grocery and retail industries. KSS Fuels helps fuel suppliers, distributors and marketers implement effective pricing solutions and increase the profitability of their networks through the application of demand modeling technologies and services designed to support strategic planning and operational decisions. The company has its' U.S. headquarters in Florham Park, N.J., and international headquarters in Manchester, U.K.

Douglass Distributing is a multi-branded distributor based in Sherman, Texas. It serves the north Texas and southern Oklahoma areas with wholesale dealer fuel, commercial fuel, commercial lubricants, a carrier fleet and residential and commercial propane. Douglass Distributing Retail Co. operates its chain of 15 convenience stores under the name Lone Star Food Stores.