New POS Terminal by Radiant Systems Offers Superior Performance
Fit-for-purpose solution offers greater uptime and longer life
ATLANTA (November 2, 2006)—Expanding its line of innovative point-of-sale products for the hospitality and retail markets, Radiant Systems, Inc. (NASDAQ: RADS) announces the launch of the Radiant P1520 Point-of-Sale (POS) terminal. The Intel®-based, solid-state, wireless-ready system offers operators a powerful, reliable and flexible hardware solution designed for non-stop performance in demanding restaurant and retail environments.
The launch of the P1520 POS continues Radiant’s track record of success in delivering POS systems that combine leading technologies, superior ease-of-use, fast return to service and low total cost of ownership to restaurant and retail operators of all sizes. Key value-added features of the Radiant P1520 POS include:
- Intel mobile architecture for high performance and faster speed of service
- Bright 15-inch color touch screen display with a wide range of tilt motion for improved ergonomics and ease-of-use
- Solid-state fan-less electronics, offering quiet system operation, durability and a longer useful life
- Support for five different customer display options, including multimedia displays and interactive displays
- Up to 13 peripheral ports, allowing restaurant and retail operators to connect the POS to virtually any device needed to run the business
- Rugged, solid-state power supply designed specifically for the harsh demands of POS applications
In addition, the P1520 POS system’s optional built-in wireless networking allows for flexible terminal placement. Restaurant and retail operators can station the POS wherever they need it to be without the constraints of network cables to optimize staff productivity, service speed and customer throughput.
“Restaurant and retail operators are applying more sophisticated software applications, multimedia and a variety of supporting devices in their ongoing efforts to enhance customer service levels and grow revenue,” said Carlyle Taylor, president of computer products at Radiant Systems. “It is critical for operators to have POS hardware that can support these complex requirements and stand up to hours of continuous operation in a demanding environment. The Radiant P1520 POS addresses these needs in an innovative, compelling way, combining leading technology components, unmatched flexibility and adaptability, and exceptional reliability – all at an affordable total cost of ownership.”
About Radiant Systems, Inc.
Radiant Systems, Inc. (www.radiantsystems.com) is a leader in providing innovative technology to the hospitality and retail industries. Offering unmatched reliability and ease of use, Radiant's hardware and software products have been deployed in over 60,000 sites across more than 100 countries. Radiant has approximately 1000 employees worldwide, 325 certified sales and service partners and over 1800 field service representatives. Founded in 1985, the company is headquartered in Atlanta with regional offices throughout the United States as well as in Europe, Asia and Australia.
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.
