Aspect Loss Prevention and LP Innovations Form Partnership to Provide Comprehensive Suite of Shrink-Reducing Technologies, Services, and Experience

Minneapolis, MN, October 21, 2009 --(PR.com)-- Aspect Loss Prevention, the leading provider of retail loss prevention data mining software and services, and LP Innovations, the largest loss prevention outsource solution provider in the United States, today announce the formation of a strategic partnership to deliver a comprehensive suite of loss prevention solutions for retailers.

Aspect CEO, David Duhaime, commented, “This partnership provides an unprecedented menu of world-class expertise and technology that retailers can selectively apply to assist in their loss prevention efforts. From entry-level Software as a Service (SaaS) exception reporting, remote analytics, and supplementary investigations to full-blown data analysis and store audits, the combined offering can be tailored to meet short and long-term needs of retailers of all sizes.”

“This synergy of a leading data mining solution combined with expert analysis and loss prevention services provides retailers with a complete end to end solution to reduce shrink resulting in greater profitability,” said Steven May, President and CEO of LP Innovations. “This powerful team gives all types of retailers the opportunity to achieve greater results through the combination of cutting-edge technology and industry expertise with proven results.”

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About Aspect Loss Prevention
Aspect Loss Prevention, a wholly owned subsidiary of PosNavitas Retail Services, Inc., is widely recognized as the world leader in retail exception reporting. Many Top-100 Retailers rely upon Aspect’s products and services to identify and reduce employee theft, monitor and improve cashier and operational compliance, automate reporting of business rule metrics, and generally reduce shrink. Aspect has an extensive team of experienced LP professionals dedicated to helping its customers apply Aspect technologies and expertise to reduce front-end shrink. Aspect's software is used throughout the United States, Europe and Asia. For more information about Aspect Loss Prevention, visit http://www.aspectlp.com or call 1-888-777-0586.

About LP Innovations, Inc.
Since 1998, LP Innovations, Inc. has provided its client portfolio with innovative solutions proven to reduce losses and improve profit. From a nationwide team of loss prevention auditors and loss prevention managers, to a dedicated staff of data analysts, client service representatives, and more, LP Innovations provides its retail partners with best-in-class services, building stronger and more effective loss prevention programs. For more information about LP Innovations, visit www.lpinnovations.com or call 1-877-574-6682.

Media Contacts:
Aspect Loss Prevention
Todd Morgan
(952) 936-9280
tmorgan@aspectlp.com

LP Innovations
David Johnston
877-574-6682
djohnston@lpinnovations.com
Contact
Aspect Loss Prevention
Todd Morgan
952-936-9280
www.aspectlp.com
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