Pick-N-Pull Completes Rollout of Radiant Systems Retail Solution
Leading recycled auto parts retailer benefits from Radiant retail software, hardware, and services
ATLANTA (December 18, 2007) – Radiant Systems, Inc. (NASDAQ: RADS) announces that Pick-N-Pull, a subsidiary of Schnitzer Steel Industries, Inc. and a leading used auto parts retail chain, has completed the rollout of the Radiant Retail solution across 35 high-volume retail locations. Pick-N-Pull decided earlier this year on a single solution provider approach to overcome difficulties experienced on previous efforts to upgrade its store technology. With the assistance of Radiant Systems professional services, Radiant’s CounterPoint retail software and one hundred point of sale terminals were installed on an aggressive six-week timeline late this summer. Results of the rollout have been excellent, with Pick-N-Pull vastly improving customer service, speed of transactions and the collection of data and management of inventory at the retail locations. The Radiant Retail solution is now poised as the store technology platform for Pick-N-Pull’s aggressive growth plans for its retail business.
"The rugged retail POS terminals that Radiant manufactures were exactly what we needed in our environment and CounterPoint has been a perfect fit to help us run our business," says Larry Luck, Chief Information Officer of Schnitzer Steel. "What has really impressed me is the true project partnership Radiant created. Overall, I would say Radiant has the right software, the right hardware and the right team to deliver the needed services."
Radiant’s retail software, CounterPoint, includes inventory management, point of sale functions, purchasing, customer loyalty, and sophisticated management reporting capabilities. Radiant’s hardware is purpose-built for retail requirements and features point of sale terminals with the lowest total cost of ownership in the industry.
"At Radiant we strive to make sure our products are 'Always Easy, Always On', and our solutions approach really eases integration challenges and sets up the customer for a lower total cost of ownership,” said Chris Lybeer, Radiant Retail division president. “We continue to be the only provider of an end-to-end solution including software, hardware, and services in the small-chain retail space. We offer something that retailers have been wanting for a long time – quality and the simplicity of a single vendor. We had a very active working partnership with Pick-N-Pull, which, time and time again, is a key to success."
Company Information
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 point of sale 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.
About Schnitzer Steel Industries
Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled ferrous metals products in the United States with 34 operating facilities located in 11 states throughout the country, including six export facilities located on the East and West Coasts and in Hawaii. SSI's vertically integrated operating platform also includes its auto parts and steel manufacturing businesses. SSI's auto parts business sells used auto parts through its 35 Pick-n-Pull self-service facilities and 17 GreenLeaf full-service facilities located in 14 states and western Canada. With an annual production capacity of more than 750,000 tons, SSI's steel manufacturing business produces finished steel products, including rebar, wire rod and other specialty products. SSI commenced its 101st year of operations in 2007.
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. 
