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Radiant Systems Selected as Point-of-Sale Provider for SSG Auto Stop
Retail Data Systems’ services enable quick, cost-effective implementation of advanced technology to independent retailers
ATLANTA (October 21, 2008) – Radiant Systems, Inc., (NASDAQ: RADS), a global supplier of technology to the retail and hospitality industries, announced today that it will provide Radiant Point of Sale and related technology to 36 Auto Stop-branded convenience retail locations in Wisconsin operated by SSG Auto Stop, a Holiday Stationstores franchisee.
Sales and support for SSG will be handled by Wichita-based Retail Data Systems (RDS), a Radiant reseller that serves petroleum and convenience retailers as well as other industries. Retail Data Systems is a valuable partner delivering Radiant technology to small and midsized businesses looking for advanced solutions designed to protect customer data while at the same time increasing speed of service.
“We are able to provide SSG with the industry-leading technology from Radiant coupled with the local knowledge, availability and close partnership that RDS is known for,” said Mike Bockman, director of convenience store solutions at RDS.
The Radiant solution includes Radiant P1550 hardware terminals, S4500 site servers, the Radiant Electronic Payment Controller and the Radiant Fuel Controller. Key criteria in SSG’s selection of Radiant POS include Radiant’s support of the Holiday credit network and the company’s commitment to data security and PCI compliance.
“Independent operators like SSG understand the significant advantage high quality technology solutions provide to both the speed of service and data security of their retail operation,” said Jimmy Frangis, vice president of the global petroleum and convenience retail division at Radiant. “Our partnership with RDS enables us to deliver these great benefits to retailers of all sizes.”
Company Information
About Radiant Systems, Inc.
Headquartered in Atlanta, Radiant Systems, Inc. (NASDAQ: RADS) is a global provider of innovative technology to the hospitality, retail and entertainment industries. For more than two decades, Radiant’s point of sale hardware and software solutions have redefined the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information, visit www.radiantsystems.com.
Retail Data Systems (RDS)
Retail Data Systems is the largest independent provider of Point of Sale Hardware and Software in North America. Founded in 1950, RDS now operates more than 25 offices serving customers across the nation providing complete Point of Sale technology. A team of more than 400 professionals assure customers of the best 24/7/365 service available. Our list of industry leading POS hardware and software products provide a variety of solutions for companies large and small.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations; including the ability to integrate the operations of acquired businesses; (iii) the Company’s growth strategy and operating strategy; (iv) the Company’s new or future product offerings, and (v) the declaration and payment of dividends. The words “may,” “would,” “could,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” “plans,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the Company’s reliance on a small number of customers for a larger portion of its revenues, fluctuations in its quarterly results, ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company’s filings with the Securities and Exchange Commission.
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