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PRESS RELEASE

Barneys New York select QuickPlan planning solution

Barneys New York look to improve and extend their planning capabilities through the use of TXT MAPLE LAKE’s merchandise planning application.

Toronto, ON, Canada (Monday 26th June 2006) – TXT MAPLE LAKE, a leading provider of merchandise and assortment planning solutions, today announced that Barneys New York have selected the QuickPlan™ solution to improve the merchandise and store planning process. Through the use of QuickPlan™, Barneys New York will be able to develop new plans to cover all aspects of the business, and be able to easily combine plans from all departments ensuring opportunities are correctly identified and risks carefully managed.

“With our new store expansion program, Barneys New York recognizes the importance of timely, accurate merchandise and store plans.”, said Karl Hermanns – Executive Vice President – Planning, Marketing, Operations, Barneys New York. “The QuickPlan™ solution will enable our planning teams to move away from their cumbersome manual spreadsheets and onto an automated system that will be easier to use, more secure, and most importantly will provide the business with more detailed and more accurate information.”

The solution will support all of Barneys New York’s merchandise and store planning requirements, and is being implemented as part of an overall business transformation program in conjunction with CGI-AMS.

Hermanns continued “It was important that we selected a solution that our merchandise planners would be comfortable using, and the ease of use of the TXT MAPLE LAKE solution stood out as being one of the key values our users were impressed by.”

“Barneys New York is an extremely important and prestigious addition to our increasing portfolio of clients.”, commented Stuart Aldridge – Chief Operating Officer, TXT MAPLE LAKE. “Their high profile expansion program has been a resounding success, and has now reached the stage where the business team needs a more structured planning environment in which to expand further.”

About Barneys New York
Barneys New York is a leading retailer of luxury clothing and accessories for men and women.

With the flagship store on Madison Avenue, Barneys now have 29 stores across three formats; Barneys New York, Barneys Coop, and Barneys Outlets.

In December 2004, Barneys New York was acquired by Jones Apparel Group, adding luxury to their existing portfolio of fashion businesses in apparel, footwear, handbags, jewelry, denim and retail. The Jones Apparel Group has revenues in excess of $4.5 billion.

About TXT MAPLE LAKE
TXT MAPLE LAKE is a very different kind of business. Sure, we provide probably the best merchandise and assortment planning solutions to the retail market, but there’s more to the business than just great products! With our direct experience in retail, we have an unparalleled knowledge of the unique demands of trying to plan assortments in a fast paced retail environment.
Our clients will attest to this expertise and focus on delivery, and these are some of the best names in the business too! They include; Aeropostale, Cole Haan, Club Monaco, Mountain Equipment Coop, Lego, Barneys New York, Stylo plc, and many more.
For more information on how we are transforming the merchandise and assortment planning process please call us on (905) 513-7480 or visit our website at www.maplelake.com

Company Founded: 2001

Head Office: Toronto, Canada

Satellite Offices: USA, UK, Australia

First Client: Roots Canada