Mannatech Outsources International Credit Card Processing To Retail Logic

Fleet, Hampshire, March 3, 2005. Retail Logic today announced that it has been selected by the Texas-based glyconutrient supplements distributor, Mannatech, Inc. to manage its payment transactions worldwide. Retail Logic will process online payments for sales of Mannatech’s proprietary wellness products -- which include patented glyconutritionals, vitamins and minerals, antioxidants and other proprietary nutritional products – originating in Japan, South Korea, Taiwan, and the United Kingdom.

By partnering with Retail Logic, Mannatech plans to benefit from Retail Logic’s cost-effective and reliable managed services operation, which provides a complete EFT solution to process customer transactions. By outsourcing its credit card processing to Retail Logic, Mannatech hopes to reduce its overall operational and systems costs.

"We chose Retail Logic because we believe it has the infrastructure and expertise in place to effectively manage our payment transactions," said Kyle Cox, IT Project Manager, Mannatech. "Retail Logic has a track record of processing large numbers of transactions from around the world, so we were satisfied they could handle our volumes and country coverage. Based on its experience, Retail Logic has ensured us that the implementation will go smoothly and, most significantly, that additional countries can be brought on-line quickly as necessary. We have been so impressed that we are now evaluating the feasibility of moving our US and Canadian credit card processing onto the Retail Logic platform."

"We are delighted that Mannatech has selected us to manage its international transactions," said Mark Sugden, Director of Managed Services, Retail Logic. "We are experiencing a significant growth in demand for a variety of outsourced services. Currently, we're processing more than 10 million transactions a month from 24 different countries across four continents. By leaving its online payment processing requirements in our safe hands, Mannatech can concentrate on its core commercial goals."

About Retail Logic:
The Retail Logic team has been providing payment processing software for over 16 years. Covering any form of payment card and transaction environment, Retail Logic’s software handles more than €145 billion a year. Investment in people and research & development, together with a clear focus on the needs of retailers, have led to award-winning products and UK market leadership.

Retail Logic's Managed Services provides an outsourced online authorisation and large volume EFT batch processing service. Over ten million transactions are processed each month for a wide range of customers such as DIY chains, furniture retailers, car rental, utility companies, Internet service providers and currency services.