15.02.2005 16:07:00
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Radiant Systems' Point-of-Sale Certified on ConocoPhillips Credit Net
Business Editors
ATLANTA--(BUSINESS WIRE)--Feb. 15, 2005--Radiant Systems, Inc. (NASDAQ: RADS) announces the certification of Radiant Point-of-Sale (POS) with the ConocoPhillips (NYSE: COP) network for processing credit, debit and fleet card transactions at Conoco, Phillips and 76-branded sites throughout the U.S. market. This certification enables marketers of ConocoPhillips, the third largest integrated energy company in the United States, to take advantage of Radiant's more-than-10-years' experience providing touch-screen POS for petroleum and convenience retailers.
"We've used Radiant products since 1993 because our retail environment demands the utmost in speed of service and customer focus," said Carey Johnson, Jr., president of EZ GO Foods, Radiant's first client within the ConocoPhillips network using Radiant Point-of-Sale. "The Radiant POS is a very reliable platform which helps us give our customers what they want, when they want it." Sales, service and support are provided to EZ GO Foods through Retail Data Systems, one of the leading resellers of technology to branded marketers in the petroleum retail industry.
"Our point-of-sale combines the ease of use of the industry's best touch-screen solution with outstanding reliability," said Mark Schoen, president of Radiant's global petroleum and convenience retail division. "Our premium solution provides retailers with options for food service and self-service while still being very cost competitive."
The Radiant POS integrates into retailers' existing back office and pricebook systems through the PCATS-NAXML compatibility standards. Utilizing these standards, Radiant's open solution improves the detail and breadth of the data provided to the back-office systems while providing consumers with a faster and more convenient shopping experience in the store.
Company Information
Founded in 1985, Radiant Systems, Inc. provides innovative store technology for the hospitality, petroleum and convenience store, and entertainment industries. Radiant's point-of-sale, self-service kiosk, and back-office technology enables operators to drive top-line growth and improve bottom-line performance. Headquartered in Atlanta, Radiant (www.radiantsystems.com) has deployed its solutions in more than 50,000 sites worldwide.
ConocoPhillips is an integrated petroleum company with interests around the world. For more information, go to www.conocophillips.com.
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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CONTACT: Radiant Systems Public Relations Amber Virgillo, 770-576-6755 amber.virgillo@radiantsystems.com
KEYWORD: GEORGIA INDUSTRY KEYWORD: OIL/GAS ENERGY HARDWARE SOFTWARE NETWORKING PRODUCT MARKETING AGREEMENTS SOURCE: Radiant Systems, Inc.
Copyright Business Wire 2005
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