PCATS Certifies Radiant Systems' Point-of-Sale Solution
Radiant POS achieves industry’s first Conformance Validation Certificate from Petroleum Convenience Alliance for Technology Standards
ATLANTA (Aug. 9, 2005 ) —Radiant Systems, Inc. (NASDAQ: RADS) announced today that its global petroleum and convenience retail division has achieved the first Conformance Validation Certificate offered by the Petroleum Convenience Alliance for Technology Standards (PCATS) for a point-of-sale (POS) provider.
The certification validates the Radiant POS solution for the petroleum and convenience retail industry as fully conforming with specific-use instances for the PCATS-NAXML standards. These standards were designed to facilitate integration and two-way communications between POS and back-office systems. Radiant achieved certification through the PCATS Conformance Testing Program, the organization’s rigorous compliance process.
“Our certification demonstrates Radiant’s continued commitment to the industry and the significant progress that PCATS is making toward a more open technical environment for both retailers and solution providers,” said Mark Schoen, president of Radiant’s global petroleum and convenience retail division. “Radiant is dedicated to providing open software that enables operators to choose the best solution for their business.”
“The PCATS Conformance Validation program is delivering exactly what it was designed to accomplish,” said PCATS Executive Director John Hervey. “Radiant has achieved the first PCATS POS certification. This accomplishment illustrates how a growing number of technology companies are using PCATS standards and the certification program to transform complex retail technology challenges into intelligible and manageable programs to increase efficiencies and profitability for retailers. We congratulate Radiant for completing the certification process and their continued support of the PCATS organization.”
Company Information
Founded in 1985, Radiant Systems, Inc. provides innovative store technology for the hospitality, petroleum and convenience retail, 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.
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. 
