ALLTEL Corporation Selects Radiant Systems as Technology Solutions Provider.Business Editors ATLANTA--(BUSINESS WIRE)--July 26, 2001 ALLTEL looks to improve salesperson productivity and customer service using solution built by Radiant Radiant Systems, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : RADS) announced today an agreement with ALLTEL Corporation (NYSE NYSE See: New York Stock Exchange : AT) to implement Radiant's Point-of-Sale, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale Management, Payment Processing, and Consolidated Reporting products throughout ALLTEL's retail store operations. The agreement with ALLTEL positions Radiant as a significant supplier of technology solutions to wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. providers. Radiant will work with ALLTEL to integrate the Radiant products with ALLTEL's Customer Relationship Management System. The integrated solution will help reduce redundancy in data entry and enable ALLTEL'S retail store sales personnel to be more productive and more informed about their customers. "Radiant has developed best-in-class point-of-sale, cash management, and enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. capabilities. This solution will improve sales productivity and customer service by increasing the accuracy, timeliness and availability of customer information throughout ALLTEL," stated Dan Lohr, Executive Vice President, Sales and Distribution for ALLTEL. Peter Reilly Peter Reilly is a fictional character on the FX drama Rescue Me. The character is played by Neal Jones. Peter is the gay son of Chief Jerry Reilly. Peter is also a firefighter. Peter and Jerry are not close, as his father is a homophobe. , Vice President of Consumer Services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals, and Specialty Retail at Radiant, commented, "We look forward to working with an industry leader in the wireless communications market. The ALLTEL implementation demonstrates the ability of Radiant's solutions to help increase productivity, improve controls, and enhance customer service in a variety of markets." Company Information Radiant Systems, Inc. (NASDAQ: RADS) is a leader in delivering innovative technology solutions to businesses that serve the consumer. These solutions include transaction-processing and management systems that support enterprise processes for clients ranging in size from multi-national to single-site operators. Radiant's mission is to use its technology to eliminate billions of dollars of operational and logistical inefficiencies from the markets that the company serves. Headquartered in Atlanta, Radiant (www.radiantsystems.com) also provides comprehensive client care and consulting services to maximize speed of implementation and the client's return on investment. Radiant's solutions are deployed at hundreds of companies worldwide and currently process more than two billion transactions annually. Alltel Corporation (NYSE: AT) is a customer-focused information technology company that provides wireline and wireless communications and information services See Information Systems. . The Company operates in two principal areas, communications and information services. The Company's communications operations consist of its wireless, wireline (local and long-distance) and emerging businesses segments. Emerging businesses are the Company's key new product offerings, and include the Company's long-distance, competitive local exchange carrier, Internet access See how to access the Internet. , and personal communication system and network management operations. Alltel also owns subsidiaries that provide wide-area paging and information processing information processing: see data processing. information processing Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer-based operations. management services, and advanced application software along with telecommunications products. Another subsidiary publishes telephone directories for affiliates and other independent telephone companies. Certain statements contained in this press release are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, such as statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc financial results and plans for future business development activities, and are thus prospective. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; including the ability to integrate the operations of acquired businesses; (iii) the Company's growth strategy and operating strategy; (iv) the Company's new or future product offerings, and (v) the declaration and payment of dividends. The words "may," "would," "could," "will," "expect," "estimate," "anticipate," "believe," "intend," "plans," and similar expressions and variations thereof are intended to identify forward-looking statements. 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 as a result of various factors. 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 customers for a larger portion of its revenues, fluctuations in its quarterly results, 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 filings with the Securities and Exchange Commission. |
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