March 27, 2002 (Naperville, IL) - Givex Corporation and Progressive Software, the operating subsidiary of Tridex Corporation (OTC Bulletin Board: TRDX) has announced an agreement to integrate Givex`s gift card and loyalty technology with IRIS (Intelligent Restaurant Information System), Progressive`s leading Windows®-based point-of-sale system.
Under this agreement, Progressive Software clients can conduct real-time gift card and loyalty transactions directly through IRIS, their in-store point-of-sale system, as well as other sales channels including websites, kiosks, catalogues and telephones.
To date, North Carolina-based Progressive has over 14,000 sites installed and according to Christopher Sebes, chief operating officer of Progressive, "a large percentage of our customers are looking for ways to leverage their POS infrastructure, increase sales and operational efficiencies. These customers recognize gift card and loyalty programs are one of the most effective ways to do this and are looking for an integrated solution. Now, with Givex on our side, we can meet these requests."
Progressive Software users conducting Givex gift card and loyalty programs will receive the following services from Givex:
Card design and production
Real-time tracking and reporting
Secure reporting website
24/7 customer support
Training
According to Don Gray, president and chief executive officer of Givex Corporation, "by integrating our technology with IRIS, Progressive customer`s can not only choose between a gift card or loyalty program but also a program that utilizes both features on a single card. It`s this kind of flexibility which both companies provide that makes this marriage of technology ideal."
About Givex Corporation
Givex Corporation (www.givex.com) is North America`s premier gift card and loyalty solution provider for the retail and hospitality sectors. Givex seamlessly integrates point-of-sale devices - LAN-based registers, credit card terminals, kiosks and telephones - with the Internet to create a secure real-time transaction processing environment that works across all sales channels. Givex provides a variety of turnkey and custom gift card and loyalty programs that ensure every merchant`s unique set of needs are met. Patents are pending for the Givex technology in the United States and Canada.
About Progressive Software
Progressive Software (www.progressivesoftware.com) is a leading provider of application software and enterprise solutions for the specialized needs of the restaurant industry. The company provides a broad range of high-performance technology and services designed to optimize productivity and profitability. Progressive Software is the solution of choice for Jack In The Box, Starbucks, Steak`n Shake, Golden Corral, Boddie Noell (dba Hardee`s), Ryan`s Steak Houses and many others, and is currently installed in more than 14,000 restaurant and retail outlets in the United States, Canada, UK and the Far East.
Karen Budahazy
Senior VP of Marketing
Telephone 1-877-478-7733 or
1-416-350-9660
Fax 1-416-350-9661
Email karen@givex.com
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