Friday June 25, 9:00 am, Eastern Time
Company Press Release
The Pathways Group, Inc: Pathways Announces Contract With San Francisco's Blue & Gold Fleet to Install Unattended Ticketing System
The Pathways Group, Inc. Signs Contract to Install Two SPRINTICKET(TM) Dispensers at the Heart of San Francisco's Historic Fisherman's Wharf
WOODINVILLE, Wash., June 25 /PRNewswire/ -- The Pathways Group, Inc.
(Nasdaq: PTHW - news) announced today that it has signed a contract to install two
SPRINTICKET(TM) unattended ticketing dispensers at Blue & Gold Fleet's Pier 41
location at San Francisco's Fisherman's Wharf. The rugged, all-weather design
of SPRINTICKET dispensers makes them ideally suited for outdoor, unattended,
point-of-sale ticket purchases. It is anticipated that the two kiosks will
offset ticket lines at Blue & Gold Fleet's attended windows and provide
customers with the ability to purchase tickets 24 hours a day, 7 days a week.
Under the standard terms of the contract, Pathways will perform credit card
authorization at the time of purchase and end-of-day account reconciliation
for all SPRINTICKET transactions.
Every SPRINTICKET system operates on state-of-the-art hardware platforms
using standard Microsoft? operating systems and an SQL database. The use of
off-the-shelf hardware and software components provides industry standard
reliability and the ability to migrate more easily to new technologies. This
also allows Pathways to more readily integrate client accounting and other
data processing needs into the SPRINTICKET sales and reporting process.
The versatility of Pathways' proprietary software program will allow Blue
& Gold Fleet personnel the freedom to add new products, change product
pricing, change hours of operation, add promotional items or change event
times using easy-to-follow, menu-driven screens. Functions such as monitoring
dispenser operation, collecting product sales information, applying full or
partial credit to a customer's account, or generating up-to-date reports can
all be done without leaving the office chair.
In addition to accepting all major credit cards, SPRINTICKET dispensers
are designed to accept smart cards. As the use of smart card technology
expands in the marketplace, Blue & Gold Fleet will have the ability to create
and process a proprietary loyalty system. A program is currently being
considered in which commuters would be offered the ability to purchase
rechargeable smart cards. These commuter cards would eliminate the need for
customers to make repeat ticket purchases, permitting them to get past the
crowds and to their seats faster and easier. Moreover, use of the smart cards
would reward Blue & Gold Fleet customers by allowing them to acquire loyalty
points to be redeemed for discounts and promotional services. Pathways'
integrated system and backroom support will also provide Blue & Gold Fleet
with database management, security, card stock management, personalization,
and the facilitation of account settlement.
Situated on Pier 41 at the heart of Fisherman's Wharf, Blue & Gold Fleet
offers cruises, ferry services, and tours around the San Francisco Peninsula
and neighboring Northern California locations. Each year, approximately
3.5 million visitors from around the world pass through Blue & Gold's gateway
to fun and adventure, by water or by land. Residents rely on the ferry service
for a fast and convenient means to get to and from the office, browse in
nearby specialty stores, dine at gourmet restaurants, visit community art
galleries, or simply enjoy the spectacular Bay tours.
Mr. Taylor Safford, Vice President of Finance and Administration, was
quoted as saying, ``Blue & Gold Fleet evaluated several ticketing alternatives
and has selected SPRINTICKET as the best available in the marketplace.''
Mr. Carey Daly, President and CEO of The Pathways Group, Inc. said, ``Our
SPRINTICKET system continues to experience a high rate of interest and
acceptance. We are pleased to provide Blue & Gold Fleet with a proven
unattended ticketing system that exceeds anything being offered in the
industry today. We look forward to a successful collaboration that offers
increased opportunities for both companies.''
The Pathways Group, Inc., celebrating its 12th anniversary this year,
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 as 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 office''
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.
CONTACT: Carey F. Daly II, President & CEO
Mark T. Schuur, Sr. VP, CFO & Investor Relations
Joe Schuler, Sr. VP - Marketing & Sales
Bob Haller, Executive Vice President
Newsbit furnished by:
A: NetShift Software Ltd.
A: Hughenden Yard, Marlborough, Wilts,SN8 1LT, UK
T: +44 (0)1672 511 094
F: +44 (0)1672 511 078
E: [email protected]