In its second-largest acquisition, Amazon buys the company for $970 million.
LightSpeed extends its complete retail solution for the iGeneration
MONTREAL, QC, Dec. 13, 2011 - LightSpeed, makers of award-winning retail technology for the iGeneration, today launched LightSpeed for iPad, retail's first truly interactive customer-experience platform. LightSpeed for iPad allows retailers to offer a next-level personalized selling experience combined with inventory scanning, wireless payments and the powerful retail workflows of LightSpeed, all on the world's most popular tablet.
More than just POS, LightSpeed for iPad is an interactive sales tool that elevates the shopping experience. A novel and captivating Show & Tell feature allows sales reps to use the iPad to share expanded product details and up to five zoomed images on a stylish curtained backdrop. The iPad's vivid high-resolution display lets customers and salespeople alike view detailed images of store inventory that is not close at hand, whether it's apparel, hard goods or large items where the increased size of the image provides important detail. Transactions can be completed with a few taps and a credit card swipe, all right on the iPad.
"Show & Tell really changes the game for brick-and-mortar retailers because they can use this interactive sales tool to involve the customer in product selection and purchase, all within a sleek user interface on iPad," said Dax Dasilva, founder and CEO of LightSpeed. "In this highly competitive age, customer experience is paramount. Show & Tell elevates the sales experience for both the retailer and the consumer."
LightSpeed for iPad goes well beyond other tablet deployments that are just simple payment-taking devices for use in quick-service environments. "LightSpeed for iPad is an extension of a fully integrated, inventory-centric retail system that moves seamlessly from the front counter, to online, to wherever your customers are - using Mac, iPhone, iPod touch and, now, iPad," said Dasilva. "Because of the exceptional experience it offers customers, LightSpeed gives consumers a reason to come into the store."
LightSpeed for iPad gives retailers the freedom to create new invoices, scan barcodes, and add or create customer profiles on the fly on the showroom floor, at the front counter, or even beyond the store at an off-site sales event. Retailers can swipe or manually process credit card payments, accept signatures on-screen, and email or wirelessly print receipts using this latest addition to the family of LightSpeed retail tools for Mac, Mobile and eCommerce. Using LightSpeed for iPad, retailers can also activate or redeem gift cards, and perform inventory lookups to find out what's in stock, what's on reserve and what's on order for any product.
"LightSpeed for iPad has really helped us out in a huge way and taken the store to a whole different level," said Angus McIntosh, a sales associate from Saturdays Surf NYC, an apparel retailer that caters to a lifestyle occupied with surfing, living and working in New York City. "It's so much easier - we can help our customers anywhere in the store do invoices and process credit card payments. In just a few taps on the iPad, the customer's out the door with everything they love and we know it's been done right."
LightSpeed for iPad rewrites the retail playbook by adding the flexibility to showcase and sell anywhere. LightSpeed products are multi-user, multi-store and extensible through a developer API so that software never limits retail aspirations.
The LightSpeed for iPad app is a free download on the iTunes App Store and requires a LightSpeed Server with one available user license per iPad client, available for purchase from LightSpeed Sales or a local LightSpeed reseller. LightSpeed for iPad requires an iPad or iPad 2 running iOS 5 or higher.
LightSpeed for iPad is compatible with the Socket Bluetooth barcode scanner, iDynamo credit card swipe and the Ingenico i6580 terminal for wirelessly processing credit and debit transactions.
For more information, to watch the new ad, or to download high-resolution images of LightSpeed for iPad, visit www.lightspeedretail.com/ipad -ad /
About L ightSpeed
LightSpeed makes a comprehensive suite of retail tools that are tailored to the Mac platform and intended to help individual retailers and retail chains grow and manage their businesses more effectively. LightSpeed makes managing a retail business as easy as click, drag and drop, and features a powerful front-counter Point of Sale solution. It also features extensive quoting, ordering and invoicing capabilities, label and barcode printing, reporting, inventory management, customer profiling and tracking, credit-card processing, gift cards and multi-store functionality. Add-on module LightSpeed eCommerce allows retailers to sell their inventory online with a LightSpeed Web Store or Magento solution that is tightly integrated with their in-store database. LightSpeed Mobile offers retailers the ability to eliminate impersonal cash register line-ups and instead complete transactions on the retail floor using the same hardware as Apple does in its own retail stores. This mobile Point of Sale system represents the very latest in retail technology, without the high cost of custom application development that big box stores are paying to achieve the same functionality.
For more information on LightSpeed, please visit www.lightspeedretail.com.
Xsilva and LightSpeed are registered trademarks of Xsilva Inc. Trade names of other companies used in this announcement are registered trademarks and/or trademarks of appropriate companies.
Media and analysts contact
inmedia Public Relations