Radiant Systems and Shell Expand Relationship in Europe
Projects in the U.K. and Denmark Follow Successful POS Deployments in the Czech Republic and Slovakia
PRAGUE (April 03, 2006) – Radiant Systems, Inc. (NASDAQ: RADS) announces that Shell International Petroleum Company (“Shell”), a member of the Royal Dutch/Shell Group of Companies, has entered into additional country agreements with Radiant under its five-year master arrangement for the supply of hardware, software and related services for Point-of-Sale (POS) and Outside Payment Terminals (OPT) in Europe.
“Major oil companies are seeking technology suppliers who can serve their needs across regions or around the world,” said Mark Schoen, president of Radiant’s global petroleum and convenience retail division. “Radiant delivers reliable touch-screen systems along with comprehensive services to any market that is strategic for our customers.”
The deployment of standard systems across the region is viewed by Shell as a tool for increasing the speed of customer service, and also as a reliable means for the implementation of standardized operational processes across European markets. Shell and Radiant first cooperated in the Czech and Slovak markets beginning in 2003 and are now deploying OPTs in the United Kingdom and Denmark as well as deploying POS throughout Denmark.
Company Information
Founded in 1985, Radiant Systems, Inc. provides innovative store technology for the hospitality, petroleum and convenience retail, entertainment, and specialty retail 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.
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