@pos Provides State-of-the-Art POS Terminals to Apple Stores; iPOS TC Terminals Installed At Apple Retail Stores.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Nov. 14, 2001 @pos (www.atpos.com) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EPOS (Electronic Point Of Sale) See point of sale. ), a leader in secure, interactive electronic transaction technologies, today announced that they would be providing the Apple Stores, the retail chain stores of Apple Computer, Inc., with Internet-capable iPOS TC terminals for credit and debit A monetary amount that is subtracted from an account balance. A debit from one account is a credit to another. See credit. transactions, signature capture and interactive customer display. Apple, a leading-edge company known for its technical and marketing expertise, is currently installing iPOS TC terminals in each of its Apple retail stores nationwide. The terminals directly interface to Apple's innovative iMac computer running a customized point-of-sale point of sale n. pl. points of sale A business or place where a product or service can be purchased. Also called point of purchase. point application. Apple Store customers can swipe their card through the iPOS TC and enter their personal identification number (PIN) for debit payments, sign their name for credit transactions and see items being purchased. Customers have had a positive response as evidenced by postings on Mac user Web sites about the new devices. The iPOS TC terminal and its advanced functionality fits into the image that Apple wishes to provide customers during the Apple Store shopping experience. Apple will also utilize the @pos posPortal color transaction software complete with the Apple look and feel. The @pos devices are located in all of Apple's retail stores nationwide. The first 2 stores opened May 19, 2001, and currently there are 16 more stores open, with more coming in the future. "The @pos iPOS TC terminal allows Apple to really engage its customers," said Llavan Fernando, Chief Executive Officer for @pos. "I am very pleased that innovative technology leaders such as Apple selected the state-of-the-art terminal for their point-of-sale. With the iPOS TC, Apple can display colorful advertisements and promotions via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and at the same time, send transaction data for processing as well as capture digital signatures. The device fits the way they have always liked to communicate with their customers, colorful and bold." About @pos @pos (OTCBB:EPOS) is a leader in secure, interactive electronic transaction technologies. The company provides signature capture products, Web-enabled payment platforms, smart card interfaces, encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. engines supporting DES and Triple DES See DES. (cryptography) triple DES - A product cipher which, like DES, operates on 64-bit data blocks. There are several forms, each of which uses the DES cipher 3 times. Some forms use two 56-bit keys, some use three. The DES "modes of operation" may also be used with triple-DES. , and an extensive suite of software tools. With complete end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. , @pos offers Internet-based, hosted services, under its Crossvue brand, for loss prevention and electronic receipt storage and retrieval. @pos currently services the retail, government and banking market for applications that include electronic signature capture, debit and credit payments. For more information, see www.atpos.com, email to info@atpos.com, or call 408/468-5400. Except for historical information contained herein, the matters set forth in this press release are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially, including price and product competition, design acceptance by customers, financing constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. , the ability to manufacture new products in sufficient volume, general economic conditions, and other risks as detailed from time to time in SEC reports and filings by @pos inc. Note to Editors: @pos, iPOS and posPortal are trademarks of @pos, Inc. All other products or company names mentioned are used for identification purposes only and may be trademarks or registered trademarks of their respective owners. |
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