Pathways Announces Installation in Winter Park Ski Resort
09:15 a.m. Oct 30, 1998 Eastern
WOODINVILLE, Wash., Oct. 30 /PRNewswire/ -- The Pathways Group, Inc. (Nasdaq: PTHW) today announced that it has completed installation at Winter Park Ski Resort in Winter Park, Colorado of its TIKITBOX(TM) II unattended ticketing system for the upcoming ski season. The installation was pursuant to a previously announced contract with Winter Park for the purchase of four ticketing kiosks that have been 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, "As we had hoped and expected the inaugural placement of our new kiosk design and software platform has gone very smoothly. We have been able to easily connect our system to Winter Park's network backbone therefore creating a very robust ticketing platform. Our additional system will provide Winter Park's customers great ticketing access along with 24 hour availability, at the same time giving the resort's management real time tracking and monitoring for all of our system's operations. This can be attributed to combined efforts of our technical and marketing group's concepts, architectural design and implementation of this very flexible, advanced system."
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. SOURCE The Pathways Group, Inc.
Copyright 1998, PR Newswire
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