Company Press ReleaseSOURCE:
Pathways Group, Inc.Pathways Announces Contract With Winter Park Ski Resort Installation of TIKITBOX(TM) II System for Ski Season
WOODINVILLE, Wash., Oct. 5 /PRNewswire/ -- The Pathways Group, Inc.
(OTC Bulletin Board: PTHW - news) today announced that it has signed a contract with
Winter Park ski resort in Winter Park, Colorado for the installation of its
TIKITBOX(TM) II unattended ticketing system for the upcoming ski season.
Winter Park has agreed to purchase four ticketing kiosks to be placed at
several primary entrances to the ski resort. As is standard with all of the
Pathways Group's products, the contract also provides for transaction
processing services.
The system, based on Pathways proprietary eTeller(TM) product line, and
more specifically their newly released TIKITBOX(TM) II weatherized kiosk for
unattended Point-of-Sale, will handle the vending of Winter Parks' various ski
lift ticket products through the use of a credit card. The system is also
Smart Card compliant. As the use of smart card payment systems expand in the
marketplace, the transition for Winter Park will be a simple software upgrade.
Further, Winter Park may immediately opt to take advantage of the various
software functions within the system for creating and processing their own
loyalty system.
Pathways C.E.O. and President Carey F. Daly II commented, ``We are pleased
with our opportunity to work with Winter Park in the advancement of their
ticketing system, as well as contributing to their ongoing goal of providing a
premier customer service. We are also very excited about the inaugural
placement of our new kiosk design and software platform which incorporates all
of the latest technological advances found anywhere in the ticketing industry
today.''
The Pathways Group, Inc. provides clients with innovative and unique
solutions for securely creating, capturing and processing data and electronic
transactions using custom application software and hardware systems. The
company was established in 1987 by Carey Daly and has evolved into a leader in
the development of custom software and hardware for electronic banking, data
and transaction processing, and smart card applications. Pathways creation of
proprietary ``back room'' systems allows for the capture and processing of data
and transfer of funds via ``ACH'' protocol, the standard used in the banking
industry for transfer of funds in retail, medical and institutional
environments.
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Act of 1995. Actual
results may differ materially from those projected in any forward-looking
statement. Investors are cautioned that such forward-looking statements
involve risk and uncertainties, including, but not limited to, dependence on
the developing smart card marketplace; market acceptance of the company's
products; the rate at which the company's customers deploy smart card
solutions; and dependence on third party marketing arrangements.
Newsbit furnished by:
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A: Hughenden Yard, Marlborough, Wilts,SN8 1LT, UK
T: +44 (0)1672 511 094
F: +44 (0)1672 511 078
E: [email protected]
E: [email protected]
W: www.netshift.com
Thanks Tim and Anna!
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