BURLINGTON COAT FACTORY PURCHASES $1.2 MILLION IN CHECKMATE SIGNATURE CAPTURE AND DEBIT TERMINALS.ROSWELL, Ga.--(BUSINESS WIRE)--March 4, 1997--Checkmate Electronics, Inc. (NASDAQ-NMS symbol: CMEL CMEL Center for Management and Executive Leadership (FAA) CMEL Comprehensive Monitoring Evaluation Log CMEL Centre for Medicine Ethics and Law CMEL Classical Motional Electric Law CMEL Compliance Monitoring and Enforcement Logs ) today announced that Burlington Coat Factory Burlington Coat Factory Warehouse Corporation is a national department store retailer focusing on clothing and shoes, with over 360 stores in 42 states (as of 2006). In early 2007, the first location to be opened in Canada will be at the Vaughan Mills mall in Toronto. Warehouse Corporation, headquartered in Burlington, New Jersey
Burlington is a city in Burlington County, New Jersey, United States and a suburb of Philadelphia. As of the United States 2000 Census, the city population was 9,736. , has purchased approximately $1.2 million in CM2020 signature capture and CM2001 debit terminals for their more than 250 stores nationwide, including subsidiaries. With this purchase, Burlington Coat Factory now has the complete Checkmate checkmate end of game in chess: folk-etymology of Shah-mat, ‘the Shah is dead.’ [Br. Folklore: Espy, 217] See : End Payment System2000. They have already purchased and installed the Checkmate check readers. Burlington Coat Factory's chief information officer, Michael Prince said, "We chose Checkmate because of their products' high quality, ease of implementation and price performance. In addition, Checkmate has a great reputation for exceeding their customers' expectations. We remain a pleased and satisfied customer and look forward to a long relationship." "By accepting debit cards, Burlington Coat Factory can offer our customers additional payment options, while lowering our transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). ," he said. "By capturing signatures electronically, we can significantly reduce our administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. as well as other costs associated with accepting credit cards." Checkmate's president and chief executive officer, Jerry Malec, said, "We are pleased that Burlington Coat Factory continues to be one of our major partners. Burlington Coat Factory's installation demonstrates the logical growth path built into Checkmate's design. Customers can implement each payment option as they become ready. Checkmate's connectivity ensures economic integration of all payment automation options at the point-of-sale." Known as "America's #1 Factory Outlet", Burlington Coat Factory Warehouse Corporation, operates a total of 252 stores in 42 states. They feature a broad range of first-quality, current, brand name and designer merchandise for the whole family at prices that are substantially below those found at department and specialty stores. The company owns and operates seven divisions: Burlington Coat Factory, Baby Depot, Cohoes Cohoes (kəhōz`), city (1990 pop. 16,825), Albany co., E N.Y., near Albany, at the confluence of the Mohawk and Hudson rivers; settled by the Dutch 1665, inc. 1869. Fashions, Decelle, Luxury Linens, Totally 4 Kids and Fit For Men. Checkmate Electronics, Inc. manufactures payment automation solutions for businesses who need to capture payment information while delivering excellent customer service. Checkmate's technology leads the industry in price/performance, quality and fraud detection for check, debit/ATM card, credit card, EBT EBT See: Earnings Before Taxes , SmartCard and signature capture point of sale terminals. Checkmate's connectivity solution provides a single platform integrated into a family of products. Customers can begin with one payment terminal and grow economically into all payment types with minimal additional investments in power and cable infrastructure. Checkmate is currently the only one-stop supplier of all payment automation terminals. CONTACT: Checkmate Electronics, Inc. John J. Neubert, 770-594-6000 |
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