GO SOFTWARE RELEASES NEW GIFT CARD SOFTWARE
Media Contact:
Linda Gray
ROI Corporation
800-569-1952 x333
Investor Relations:
Sharon Will
Saggi Capital Corp.
518-398-7830
Gift Card Usage Increases More Than 300%
KENNESAW, GEORGIA – October 5, 2001 – Return on Investment Corporation [OTCBB: ROIE] announced today that GO Software, an ROI subsidiary and a leading provider of payment processing software, introduced PCCharge PerksÔ, a new and unique software product for processing Stored Value transactions for traditional Retail or Internet Commerce merchants.
“We recognized a need for a simple and cost effective Stored Value Card processing solution,” said Tony Abruzzio, Vice President and General Manager of GO Software, Inc. “PCCharge Perks will enable merchants to implement gift/loyalty programs even if their existing POS system lacks gift/loyalty card processing capability. For Internet Commerce transactions, Perks supports IP connectivity through some gift card processing providers. In addition, Perks is a completely integrateable solution for POS and Web applications so it will work with web storefront applications. PCCharge Perks will run as a standalone solution or with existing Windows-based POS systems. Its independent nature is also suitable for the merchant who has a PC and wants to accept gift/loyalty cards, but doesn’t have use for a full-service credit card processing solution,” said Abruzzio. “We have partnered with leading gift card companies to offer this product. Consistent with all PCCharge products, Perks will also allow a co-branded solution for our partners.”
According to the May 2001 issue of the Standard Register, the gift card market awareness has increased from 15% in 2000 to 80% in 2001, with usage quadrupling from 11% to 45% in that time, representing the highest growth category in consumer cards. Gift card revenue is expected to grow from $20 billion in 2000 to $32 billion in 2001.
PCCharge Perks Features:
· Certified with Gift Card Processors including: Givex, Paymentech, ValueLink, Valutec
· Integratable with POS systems
· Operates in a touch screen environment
· User-friendly on-screen virtual keyboard
· TCP/IP or dial connectivity (depending on Processor)
About Return On Investment Corporation
Return On Investment Corporation ("ROI") (www.roicorporation.com) and its subsidiaries market payment processing software and services for a wide variety of computer systems and provide communications and connectivity software and services for IBM midrange computer systems (IBM iSeries and IBM AS/400). In the United States, in terms of the number of payment processing software licenses, GO Software (an ROI subsidiary) is the number one company in the IBM midrange market and is 2nd behind First Data Corp. in all computing markets with more than 40,000 installations. S.A.F.E. Systems (an ROI subsidiary) provides a host-based, magnetic stripe stored value/gift card system and markets credit card processing and other transaction-based products and services to merchants. Net400 (an ROI subsidiary) provides software for IBM midrange computers that facilitates e-mail and e-commerce communications, system and device connectivity, and business-to-business and business-to-consumer transactions.
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