January 26, 2004


Accelitec Announces Launch of Self-Service Automated RFID Transponder Dispenser

01-26-2004 -- Accelitec, Inc., provider of retail RFID technology, solutions and services today announces the release of AcceliStation(TM), a self-service automated transponder dispenser for use in the retail marketplace. With the addition of the AcceliStation(TM) to its product line, Accelitec will be the first to offer a complete solution for companies seeking to quickly and cost-effectively implement and maintain a RFID-based contactless payment program.

Placed at retailers' facilities, the AcceliStation(TM) kiosk dispenses and securely authorizes contactless payment devices (key tags, fobs, and larger transponders) for immediate consumer use. The on-site kiosk allows consumers to link payment devices to credit card, debit card, bank or prepaid accounts, and provides issuing companies a secure, efficient means to manage
fulfillment as well as loyalty program processes.

"Several successful contactless payment programs are underway in the US,
and major credit card issuers such as, American Express, MasterCard
International and Bank of America have their own pilot programs. Similar
retail based RFID programs have had much success such as Exxon Mobil,
SpeedPass," said Tom Bartz, Accelitec CEO. "Until today, traditional methods
of getting a transponder into the consumers' hands have involved call centers,
fulfillment centers, online and paper applications, and sending transponders
through the mail. With the launch of AcceliStation(TM) , Accelitec customers
are able to issue transponders in minutes using a secure, consumer-friendly
process at a cost far less than existing methods."

The AcceliStation(TM) (patent pending and manufactured to ISO 9000-2000
standards), is part of the AcceliPay(TM) suite of products consisting of
proprietary software and hardware -- self-service kiosks, authentication and
point-of-sale transponder readers, processing network, network monitoring and
call center support for implementing a retail contactless payment program.
AcceliPay(TM) products have multiple operating system options, hardware
enhancements and customization to any POS system on the market today.

About Accelitec
Accelitec, Inc. designs and develops innovative products that automate and
enable the use of RFID and advance contactless payment programs for its major customers: high volume retailers, retail petroleum companies, financial
institutions, transit authorities, fast food and general retail companies.

Accelitec is the first to offer a complete private label contactless payment
solution. Accelitec was founded in 2001 and is headquartered in Bellingham,
Washington. For further information visit http://www.accelitec.com.

Jason Soto
VP, Business Development
Accelitec, Inc.
P: 360-671-8882
[email protected] Source: PR Newswire

KioskCom Industry News

Posted by Craig at January 26, 2004 05:07 PM