Newsbits


Company Press Release

Radiant Systems, Inc. Announces the Release of Regional Multi-Site Interactive Voice Response (RIVR)

New Interactive consumer product for Entertainment Industry

ATLANTA--(BUSINESS WIRE)--Oct. 15, 1998-- Radiant Systems, Inc. (Nasdaq:RADS - news), a leading provider of integrated technology solutions to retailers worldwide, announces the release of its multi-site Regional Interactive Voice Response (RIVR) system for the entertainment industry. The new RIVR system builds upon the proven performance of more than 35 IVR systems installed during the past year.

The RIVR systems enable patrons of cinemas, amusement parks, and other entertainment facilities to call to obtain performance times, facility information, directions, and purchase tickets for multiple facilities connected to a single network. The RIVR system is the first in a new multi-site product suite that will include multi-site touch screen ticketing kiosks, remote stand-alone ticketing kiosks, and Internet ticketing systems. Each of the multi-site products operates on a redundant Wide Area Network (WAN) built to facilitate information provision, credit card transactions for multiple locations, and quick-response support for any network site.

The RIVR systems enable entertainment chains to provide their patrons with a convenient way to purchase tickets and obtain accurate information presented in a consistent and professional voice for all sites on the network. This convenience and consistency may be used as an effective tool for an entertainment company to differentiate itself from its competitors. With the application of a service charge to tickets sold through an IVR and by giving patrons the option of retrieving these tickets at a kiosk rather than at a staffed ticket office, entertainment companies may also use a RIVR system to create new sources of income and reduce labor expenses.

David Boyanowski, Director of Management Information Systems for National Amusements, Inc., comments, ``We've had a very successful experience with the single-site IVR systems installed in our theatres. We are presently beta testing the new multi-site Regional IVR system along with the Wide Area Network. With the Regional multi-site IVR system, we expect to realize an even greater economy of scale and a higher level of convenience for our patrons, who will be able to obtain information and purchase tickets for any theatre on the WAN.''

``Our clients with IVR systems have been extremely pleased with the product's performance. The new Regional multi-site IVR system enables them to serve the consumer better, and we believe, achieve even larger returns from their capital and marketing dollars,'' states Jonathan Huffman, Radiant Systems Online Services Product Line Director.

Certain statements contained in this press release are ``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. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to; economic conditions, competition and other uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings.

Company Information

Radiant Systems, Inc. provides integrated technology solutions to the retail industry. These solutions include consumer-activated ordering, point of sale, back office management, headquarters management, and decision support systems. The Company also provides a full range of solution design, implementation, and support services. The Company is headquartered in Atlanta and has installations in thousands of retail sites around the world.


Contact:
Radiant Systems' Corporate Public Relations:
Karen Kelley McPherson, 678/947-2529

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]
W: www.netshift.com

Thanks Anna!


Thanks Kinetic!

© 1998 Kiosks.Org.
All Rights Reserved.

>