Radiant Systems Completes Point-of-Sale Rollout with Major Burger King Franchisee
POS solution installed in 240 locations in three months
ATLANTA (April 25, 2007)—Growing its installed base with one of the world’s leading quick service restaurant brands, Radiant Systems, Inc. (NASDAQ: RADS) announces the successful implementation of their point-of-sale solution with Strategic Restaurants Acquisition Corp. (Strategic Restaurants), a 240-site Burger Kingä franchisee. Radiant accomplished the company-wide rollout in three months, delivering cutting-edge technology that will enable Strategic Restaurants to enhance customer service, streamline store operations and centralize the management of menus, pricing and promotions.
Strategic Restaurants solution includes software and hardware for point-of-sale, kitchen displays, credit card processing and centralized data management. The POS system is equipped with powerful, yet easy-to-use features such as biometric readers, which enable restaurant employees and managers to log-on to the system and clock in and out for payroll tracking purposes using their fingerprint. Additionally, the POS integrates seamlessly with Strategic Restaurants existing MenuLink back office, creating an end-to-end system from Radiant that improves operational performance from the front-of-house to the back-of-house.
“We are pleased with the performance of Radiant’s technology and with the broad capabilities of the Radiant implementation team,” said Dave Knutson, director of information technology at Strategic Restaurants. “This was a large and very well-managed engagement.”
“Radiant has invested significant resources into designing and building a solution for Burger Kingä operators that can be implemented quickly and provides value to franchisees of any size,” said Trey Williams, vice president of hospitality operations at Radiant Systems. “The successful rollout with Strategic Restaurants is an excellent example of Radiant’s ability to deliver technology with advanced features across a large organization efficiently and cost effectively.”
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 1,000 employees worldwide, 325 certified sales and service partners and over 1,800 field service representatives. Founded in 1985, the company is headquartered in Atlanta with regional offices throughout the United States and in Europe, Asia and Australia.
About Strategic Restaurant Acquisitions Corp
Strategic Restaurants Acquisition Corporation is currently the third largest Burger Kingä franchisee. SRAC owns and operates 240 Burger King restaurants in seven states across the country. SRAC is headquartered in San Ramon, California.
This press release may contain “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. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. 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. 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 clients for a large portion of its revenues, fluctuations in its quarterly results, its 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 periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
