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ePOINT Wins New Product of the Year in National Business Awards

Interactive technology scoops plaudits as Scotland's top product launch

Alloa, Scotland - 27 September 2001- A groundbreaking retail application from the European interactive technology company, ePOINT, has scooped the prize for new product launch of the year at the National Business Awards of Scotland 2001.

Announced last night at the Glasgow Thistle Hotel, the National Business Awards honour business excellence and innovation in Scotland. Facing stiff competition from 5pm, BeCogent and Intelligent Finance, ePOINT's interactive terminal, developed for Virgin's V Shop music retail outlets, was commended as the most innovative and successful product launch of the last year.

"The National Business Awards recognise the wealth of product development in Scotland and we are delighted to have received this accolade," said Gordon Venters, ePOINT's Chief Executive Officer. "Our interactive terminals are central to the V Shop concept and they are revolutionising the shopping experience."

National business recognition for ePOINT's leading-edge technology comes hard on the heels of the company's recent award with V Shop for the 'Most Innovative Use of In-Store Technology', at the prestigious European Retail Solutions Awards.

ePOINT develops touch interactive e-commerce applications, for the retail, banking and leisure sectors. The flagship e-commerce terminals developed for V Shop provide an ingenious fusion of on-line and in-store shopping that has been instrumental in establishing V Shop as the UK's leading interactive retailer.

As well as offering customers the choice of an even wider choice of V Shop's product lines - including a huge catalogue of CDs, DVDs, games and digital hardware such as MP3, DVD, Walkman and Mini disc players, the ePOINT terminals act as a portal to Virgin's online businesses, including Virgin Wines, Virgin Cars, Virgin Travel, Virgin Students and Virgin Net.

"ePOINT is developing a host of new applications to reinvent the High Street," added Venters. "Our digital media applications offer major innovations in digital retailing and a new model for consumer accessibility."

Also launched this year, ePOINT's unique Digital Photo Studio with baby seat and Digital Media Terminal have been designed to revolutionise access to online shopping and digital media products and are already attracting interest from key retailers and major global Original Equipment Manufacturers (OEMs). With an established presence in the UK, ePOINT is now poised for success in Europe and North America, the world's largest interactive technology market.

About ePOINT
Founded in 1991, ePOINT is a leading designer of interactive technology for e-business applications in the retail, finance and leisure markets.

From its headquarters in Alloa, Scotland, ePOINT develops a range of touch-interactive terminals designed to open up new retail sales channels, significantly increase revenues and offer greater access to company's inventories. These systems bring the scope of the Internet to the high street, enabling retailers to provide a channel for their customers to access a wide choice of online products and services at lower cost than through conventional store inventory. ePOINT's highly innovative product range also comprises a unique digital photo studio for retail environments and digital audio products such as the digital jukebox for leisure outlets and interactive listening posts for music retailers. Further information is available at: www.epoint.ltd.uk

For further information, please contact:

Gerry Gibson
The Value Innovators
Tel: 0131 558 9171
Out of hours: 07957 564 747
Email: [email protected]

Ailsa Gillespie
Tel: 01259 727200
Email: [email protected]
Website: www.epoint.ltd.uk


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