Tuesday June 15, 1:07 pm, Eastern Time
Company Press Release
United Shipping & Technology, TanData to Build Internet Kiosk System-- The multipurpose kiosks will enable consumers to ship packages, engage in Internet commerce, and do online banking --
TULSA, Okla.--(BUSINESS WIRE)--June 15, 1999--
United Shipping & Technology (NASDAQ:USHP - news), a leading supplier of
automated shipping kiosks, and TanData, a developer of leading-edge
shipping software, today announced a joint venture to design a new
generation of multipurpose electronic kiosks.
The kiosks represent a new point of entry for consumers to access
the Internet, allowing them to perform a wide variety of tasks, such
as shipping packages, participating in Internet auctions, conducting
banking online and even accessing other e-commerce sites.
The companies will work together to design an enhanced operating
system for US&T's Intelligent Kiosks (ISKs). The new system will
incorporate TanData's Progistics(TM) software into the existing ISK
applications and use the Internet as the backbone for information
transmission in support of electronic commerce.
``US&T sees a significant unmet opportunity with the Internet.
While many companies have successfully capitalized on the `front end'
of the Internet -- direct sale to consumers and informational Web
sites -- limited effort has gone into the backend -- how to deliver
those front-end Internet transactions and reporting the transaction
status on the Internet,'' said Peter Lytle, chairman and CEO of US&T.
``This joint venture is the next step in US&T's strategy to become a
major provider in the backend movement of goods purchased on the
Internet. We want to make shipping a package, conducting online
banking and ordering and receiving e-commerce goods as easy as walking
into your neighborhood grocery store, convenience store or bank.''
US&T is excited to work with TanData for several reasons, Lytle
added.
``TanData knows the shipping industry and has been writing
software to manage the shipping process for years. Therefore, they
have a full understanding of all the major carriers and their rules
and regulations. Second, TanData is outstanding at writing software
that can be integrated for such a complex use. Finally, TanData
understands e-commerce and is the vanguard in developing the software
that will enable e-commerce to emerge as a dominant force in the new
electronic global economy,'' he said.
Peter Nicholls, president of TanData, said, ``This project is a
major step forward for electronic commerce. A multipurpose kiosk that
can serve as a collection point for shippers as well as an Internet
portal will further allow e-commerce sites to grow at exponential
rates.''
US&T's new Internet kiosk system will enable consumers to ship
packages using the carrier of their choice, including US&T's own
courier services. The company's network of couriers will pick up
packages from the sites and distribute them to the appropriate
carriers. The new systems, however, will do far more than just ship
packages.
``We intend, with our kiosks, to allow users access to the largest
information source in the world -- the Internet. We see great
potential for our kiosk system in a variety of settings to perform a
multiplicity of tasks,'' said Tim Becker, chief financial officer of
US&T. ``As examples, we have been asked by large banks to place kiosks
in their lobbies so they can offer their customers additional enhanced
services, and by catalog companies to help them with handling their
returns. The catalog return handling business is huge; these kiosks
will be a new, more convenient and more cost-effective way for catalog
shippers to manage this side of their business.''
United Shipping & Technology is the parent company of Advanced
Courier Services (ACS) and the Intelligent Kiosk Company (IQK). Its
mission is to bring a new dimension to interactive commerce and
information retrieval. A leader in the shipping and information kiosk
business, US&T focuses on integrating the kiosk technology with its
courier business and developing an integrated communications and
dispatch system along with other supporting technology. For more
information, visit the company's Web site at www.u-s-t.com.
TanData develops leading Internet-based shipping technology for
e-commerce and supply chain management. Its component-based Progistics
product provides shipping solutions for enterprise-wide applications
or online stores, and is integrated into the logistics systems of top
retailers around the world. Progistics provides total order visibility
throughout the order pipeline, gives accurate rating and routing
information and allows for multiple carriers. United Parcel Service,
the world's largest express carrier and package delivery company,
invested a minority stake in TanData last year. For more information,
contact TanData at www.tandata.com or at 1-800-TANDATA.
Some of the information in this release is forward-looking and
subject to certain risks as described in US&T's filings with the
Securities and Exchange Commission, including the company's Form 10-K
for the fiscal year ended June 30, 1998.
Contact:
Peter Lytle
United Shipping and Technology
612/941-4080, ext. 113
-OR-
Amy Latham
TanData
918/295-1032
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!
|