RARE Hospitality Selects Radiant Systems’ Newest Advanced Point-of-Sale Terminal
Radiant P1220 terminal provides reliability with increased efficiency
ATLANTA (Oct. 17, 2005) – RARE Hospitality International, Inc. (NASDAQ: RARE) has selected Radiant Systems, Inc.’s (NASDAQ:RADS) P1220 point-of-sale (POS) terminals aimed at increasing reliability and efficiency within its restaurant operations. RARE Hospitality International, Inc. currently owns, operates and franchises 285 restaurants including 234 LongHorn Steakhouse restaurants, 29 Bugaboo Creek Steak House restaurants and 22 The Capital Grille restaurants.
Radiant’s P1220 terminal features an easy-to-use 12-inch color touch screen display, Intel® Celeron M processor and integrated electronic payment card reader. Built to ensure non-stop sales reliability, the P1220 terminal is equipped with a rugged, spill-resistant enclosure to maximize system uptime. The Radiant P1220 terminal is designed to meet changing demands of the restaurant industry with incorporated biometric and RFID readers.
"At Radiant we are committed to practical innovation that is focused on adding the most value to the restaurant operator," said Andy Heyman, president of the Radiant Hospitality Division. "Our hardware platforms are built with every aspect of the restaurant technology ownership experience in mind with a targeted emphasis on consistent reliability and speed of service.”
The latest addition to Radiant’s line of open POS terminals, the P1220 terminal is based on standard Intel® Architecture and includes more peripheral ports than most terminals of its size. Radiant terminals are engineered to ensure that the installation process results in minimal interruption of daily operations. The new Radiant P1220 terminal is available in several mounting options to support all restaurant environments.
Company Information
About Radiant Systems, Inc.
Founded in 1985, Radiant Systems, Inc. provides innovative store technology for the foodservice, 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.
