XProtean, Inc, Signs Strategic Distribution Deal to Bundle Software with Sharp Electronics Point of Sale Systems

MILPITAS, CALIFORNIA, January 02, 2008 – XProtean, Inc. a leading provider of Integrated Retail Management Solutions for small format retailers including the fast-growing segments of Convenience and Fuel Retail, and Quick Serve Restaurants, announced a strategic distribution deal with Sharp Electronics’ Point-of-Sale (POS) division.

According to XProtean CEO Jag Kapoor, “This strategic relationship not only validates our solutions, but also fills a void in the marketplace. Sharp offers industry-leading, easy-to-use, open-system, integrated POS platforms complete with expansion capabilities. Together with our cutting edge software solutions, I envision great success for both organizations.”

“By collaborating with XProtean, we are able to offer the advanced technology of the XProtean software combined with the hardware quality of Sharp Electronics,” said Ed McLaughlin, President of Sharp Imaging and Information Company of America. “It provides quick and simple store operation, giving manager and owner access to the information anytime they need it.”

Under this agreement, Sharp will bundle XProtean’s Quick Serve Restaurant Industry Solution with Sharp’s UP-X500 point-of-sale system. The UP-X500 is an integrated, open-systems platform supporting Windows® XP. It delivers seamless implementation and provides restaurateurs and hospitality professionals with a flexible, reliable solution that is secure and easy to use. In addition, the agreement allows XProtean and Sharp to collaborate on new product developments designed for hospitality and retail industry in the U.S.

For information about the complete line of Xprotean products, please visit www.xprotean.com. To learn more about Sharp point-of-sale systems,
contact Sharp Electronics Corporation, Sharp Plaza, Mahwah, N.J. 07430, or call 800-BE-SHARP. For online product information, visit Sharp’s Web site at www.sharpusa.com/pos.

About SHARP :

Sharp Electronics Corporation is the U.S. subsidiary of Japan's Sharp Corporation, a worldwide developer of one-of-a-kind home entertainment products, appliances, networked multifunctional office solutions, solar energy solutions and mobile communication and information tools. Leading brands include AQUOS® Liquid Crystal Televisions, 1-Bit™ digital audio products, SharpVision® projection products, Insight® Microwave Drawers®, and Notevision® multimedia projectors. For more information visit Sharp Electronics Corporation at www.sharpusa.com.

Microsoft and Windows are registered trademarks of the Microsoft Corporation. All other trademarks are the property of their respective owner.

About XProtean :

Headquartered in Milpitas, California, XProtean’s integrated retail management solutions have been “created by retail users for retail users”. We are a leading provider of Integrated Retail Management Solutions for small format retailers including the fast growing segments of Convenience & Fuel Retail and Quick Serve Restaurants. Our solutions are web-based, modular, and are based on Domain Knowledge, Global Industry Standards and provide a quicker Return on Investment (ROI). We offer end to end seamless solutions that include advanced POS systems, in-store management solutions and enterprise wide solutions. Our advanced POS systems come integrated with electronic payment processing engine that enables credit, debit, and gift card acceptance. The architecture of XProtean’s solutions makes them unique and allows versatility to work seamlessly in a combination of different retail environments

Contact:

Contact Person: Ajay Pahwa
Company Name: XProtean, Inc.
Telephone Number: (408) 933-4466
Fax Number: (408) 933-4545
Email Address: info@xprotean.com
Website address: www.xprotean.com