Katie Evans , Managing Editor, International Research
Retail solution includes Radiant’s P1520 terminals and CounterPoint SQL software for all corporate and franchise stores
ATLANTA (April 1, 2008) - Radiant Systems, Inc. (Nasdaq: RADS), a leading supplier of innovative technology to the retail and hospitality industries, today announces that Batteries Plus, the largest battery retail chain in the United States with more than 300 locations, has selected Radiant to implement point of sale software and hardware for all of its sites. Batteries Plus will use Radiant’s P1520 retail point of sale terminals and CounterPoint SQL software with the aim of improving operational efficiencies and store profitability.
“As Batteries Plus continues to earn an increasing share of the retail and commercial battery market, partnering with a proven, established company such as Radiant Systems will be key to the success of the franchisees,” said Michael J. Lehman, chief information officer for Batteries Plus. “As our franchisee base continues to grow, Radiant’s CounterPoint software will help us run every Batteries Plus store more effectively because of its easy-to-use, powerful and flexible architecture. Radiant’s hardware is robust and built for long life, which is a great fit for the long-term profitability of our franchisees.”
CounterPoint SQL retail software includes inventory management, point of sale functions, purchasing, customer loyalty and sophisticated management-reporting capabilities. The hardware being deployed is built specifically for retailers and features touchscreen point of sale terminals with the industry’s lowest total cost of ownership. Batteries Plus has begun deployment of the Radiant solution in corporate stores, and the rollout across all franchisees will occur over the next three years.
“We are thrilled to partner with Batteries Plus to provide Radiant’s fully integrated retail POS solution and professional services,” said Chuck Moeling, vice president of sales and service for the Radiant retail division. “Radiant’s products will give Batteries Plus improved speed of customer service and sophisticated inventory control for store managers, which will enable more rapid and profitable growth of the Batteries Plus business model.”
About Radiant Systems, Inc.
Radiant Systems, Inc. (www.radiantsystems.com) is a global leader in providing innovative technology to the hospitality and retail industries. Offering unmatched reliability and ease of use, Radiant`s point of sale hardware and software solutions are installed in more than 85,000 restaurants, retail stores, cinemas, convenience stores, fuel centers, and other customer-service venues in over 100 countries. Radiant serves the needs of its customers through the dedication of more than 1,100 employees, 325 certified sales and service partners, and 1,800 field service representatives around the world. Founded in 1985, the company is headquartered in Atlanta, Georgia, with regional offices throughout the United States as well as in Europe, Asia and Australia.
About Batteries Plus, LLC
Batteries Plus is the nation`s largest retail chain of its kind, offering a comprehensive selection of batteries, battery-related products and technical support that meet the growing battery demands for consumer and commercial customers. In addition to thousands of batteries, stores also feature a Tech Center that is equipped to design, assemble, rebuild, and test custom battery packs. Accounts include Fortune 500 companies, manufacturers, other retail channels, local municipalities, fire and police departments, the armed forces and school districts. Its product line includes batteries for common devices such as laptop computers, cell phones, and digital cameras, as well as hard-to-find items that are traditionally not available at other retail stores. Currently, Batteries Plus has 318 open locations in 41 states and Puerto Rico with additional stores in development. For more information, please visit www.batteriesplus.com.
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the Company’s reliance on a small number of clients for a large portion of its revenues, fluctuations in its quarterly results, its ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
Press Contact: Chris Moreira
Company Name: Radiant Systems
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