Bowstreet Partners with Retek to Develop Retail Portlets That Incorporate Retek Applications.

TEWKSBURY, Mass. -- Bowstreet(TM), the leading provider of portal-based tools and solutions, today announced an alliance with Retek, whereby Retek will use Bowstreet Portlet Factory to develop custom portlets for demonstrating how its solutions can be incorporated into configurable user portals that add value to retailer operations.

"We are impressed with Bowstreet's technology and its ability to create sophisticated, easily configurable, custom portlets. Bowstreet Portlet Factory makes it fast and easy for us to expose our applications as portlets in a portal environment," said Scott Staupe, director of alliances, Retek. "Our sales team will now be able to demonstrate how retail-specific portlets can provide real value."

The portlets that Retek developed with Bowstreet Portlet Factory for demonstration purposes include workflow alerts, top performing items, sales versus forecast comparisons, supply chain views, promotion summaries, and purchase order details, as well as inbound shipments and appointments, allocations, and item status.

"National retail chains, such as Kroger, TJX Companies, Inc., and Sheetz, are currently using Bowstreet Portlet Factory to develop custom portlets for portal and retail dashboard applications," said Bob Jewell, VP of worldwide sales, services and business development, Bowstreet. "Retek is a leader in providing solutions that optimize retail business performance, and we are pleased to be working closely with them."

About Bowstreet Portlet Factory

Bowstreet Portlet Factory greatly reduces the complexity of J2EE development. Developers are able to quickly and easily leverage their company's core assets to build applications as sets of adaptive portlets. Unlike portlets created with RAD or "clipping" tools, Bowstreet-powered portlets are dynamic, robust J2EE applications that adapt automatically to change, and can be further modified by business users in real time, to meet changing business requirements.

About Retek Inc.

Founded in 1986, Retek is the leading provider of software solutions and services to the retail industry. Retek's collaborative solutions help the retail industry create, manage and fulfill consumer demand. Leading global retailers, including Tesco, Best Buy, Gap Inc., Sainsbury's, Eckerd Corp. and Selfridges, use Retek solutions. Headquartered in Minneapolis, Minnesota, Retek has approximately 550 employees around the world and has annual revenues of $168.3 million (2003). Retek is publicly traded on the NASDAQ stock exchange, under the ticker symbol RETK.

About Bowstreet

Bowstreet, the leading provider of portal-based development tools, is leading the industry transition to pre-packaged composite applications and distributed web-based services. Bowstreet-built applications are powered by Bowstreet's proven Portlet Factory technology, which provides a highly flexible application development framework for assembling data and processes from disparate systems into dynamic applications that can adapt, on-demand, to unique and constantly changing business requirements. Solutions powered by Bowstreet Factory technology can be deployed in a portal, on the web, on a wireless device, or distributed as a service. Bowstreet technology is used by industry leading companies, including Amerijet, Cardinal Health System, Caterpillar, Cisco, Citizens and Hanover Insurance, Crossrail, DuPont, Fidelity Information Services, Gillette, ImClone, IT Factory, John Crane, Kroger, Mayo Clinic, Northwestern Mutual Life, Ogilvy & Mather, Sheetz, Tufts Health Plan, UNICCO, and Vormittag. Bowstreet is headquartered in Tewksbury, Massachusetts and has offices in Boston, New York, Chicago, San Francisco, Minneapolis, Amsterdam, and London. www.bowstreet.com.

Bowstreet and Builder are trademarks of Bowstreet, Inc. All other company names and product names may be trademarks or registered trademarks of their respective companies or owners.