Radiant Systems Sets the Standard for Environmentally-Friendly Hardware Solutions
Reducing power consumption and eliminating hazardous substances guide company’s ‘green’ product roadmap
ATLANTA (September 4, 2007) – Radiant Systems, Inc. (NASDAQ: RADS), one of the largest manufacturers of point-of-sale hardware in the world, announced today that it has enhanced its commitment to provide retailers and hospitality operators with hardware solutions that are increasingly friendly toward the environment.
The commitment to the environment is anchored by Radiant’s ability to link the global software and hardware requirements into the design of an integrated solution, which leads to lower power-consumption, and by the elimination of environmentally-hazardous substances from its newest product lines. In addition, Radiant secured the commitment of its global suppliers to support its vision of being the most eco-friendly point-of-sale provider for retail and hospitality businesses. All of Radiant’s environmentally–friendly innovations are designed to be invisible to the end user, who will continue to benefit from the highest levels of speed, reliability, and ease of use.
Radiant has been working with Intel to implement technology designed to reduce the power consumption of its terminals. Radiant devices now take advantage of Intel processor enhancements designed to shift the processor to lower voltage and frequency when power needs drop, as well as turning off high-speed memory components when the software applications do not require the additional power.
“The elimination of hazardous substances from our point-of-sale terminals is another step that Radiant is taking to create products that have a minimum impact on the environment,” said Carlyle Taylor, president of Radiant’s hardware division, which shipped more than 40,000 touch screen terminals over the past 12 months. “By implementing these changes worldwide, we give retailers and hospitality operators solutions that set an eco-friendly standard that is higher than what is mandated by local standards.”
Radiant’s newest line of point-of-sale terminals and store servers excludes or substantially reduces lead, cadmium, hexavalent chromium, mercury and other hazardous substances. Radiant not only complies with the Restriction on Hazardous Substances (RoHS) program required by the European Union, but also has incorporated these improvements into its newest line of hardware products to customers around the world.
“At Intel we have an ongoing effort to provide lower-power, environmentally-friendly processors to manufacturers,” said Brian Sullivan, director of product marketing, Intel Corporation. “Radiant’s utilization of a full range of power-saving processors showcases its commitment to lower energy consumption.
About Radiant Systems, Inc.
Radiant Systems, Inc. (www.radiantsystems.com) is a global leader in providing innovative technology to the hospitality and retail industries. Offering unmatched reliability and ease of use, Radiant's hardware and software solutions are deployed in more than 85,000 restaurants, retail stores, cinemas, convenience stores, fuel centers, and other customer-service venues across more than 100 countries. Radiant serves the needs of its customers through the dedication of more than 1,100 employees, 325 certified sales and service partners, and 1,800 field service representatives around the world. Founded in 1985, the company is headquartered in Atlanta with regional offices throughout the United States as well as in Europe, Asia and Australia.
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.
