Bristol Retail Solutions Inc. Subsidiary Named U.S. Distributor for NCR Corp. Cash Register Systems.NEWPORT BEACH, Calif.--(BUSINESS WIRE)--June 18, 1998--Bristol Retail Solutions Inc. (Nasdaq:BRTL) Thursday announced that NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers Corp. (NYSE NYSE See: New York Stock Exchange :NCR) has selected Bristol's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Smyth Systems Inc., Irvine, Calif., as the U.S. distributor for the recently enhanced NCR 2170 family of cash registers as well as other peripheral products including related printers, scanners, price verifiers and coin dispensers. The NCR 2170 is an advanced, multi-function cash register system designed for the mid-range grocery and restaurant hospitality marketplace, including table as well as fast-food service. "We evaluated many potential U.S. distributors before selecting Smyth to spearhead our NCR 2170 program. They understand the market and our product offerings. We look forward to a close and mutually beneficial relationship," said Gordon E. Meister, NCR Retail Marketing vice president, Americas. Richard Walker, president and chief executive officer of Bristol Retail Solutions, said:"We are proud to have won this distributorship with NCR, a world leader in point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) systems. We expect it to significantly accelerate the implementation of our plan to build Bristol into a nationwide, one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. for retail automation systems and services." Walker said that Smyth Systems will expand its current distributor program to include the entire United States and its territories. "Smyth will focus on increasing its current base of 30 independent cash register dealers while at the same time coordinating the sales and distribution of the NCR 2170 to a national network of NCR Resellers," he explained. Larry Smyth, senior vice president of Smyth Systems, said that Smyth intends to bundle the NCR 2170 family of products with enhanced back office management software to include credit authorization, debit and Electronic Benefits Transfer (EBT EBT See: Earnings Before Taxes ) functions to provide customers a complete turnkey POS solution. Bristol Retail Solutions, with headquarters in Newport Beach, provides retail automation products and services through an expanding network of point-of-sale businesses. In conjunction with the provisions of the new "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " section 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, this news release may contain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates of future results and there can be no assurance that actual results will not materially differ from expectations. Further information on potential factors which could affect Bristol Retail Solutions are included in the company's 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. filed with the Securities and Exchange Commission.
CONTACT: Bristol Retail Solutions Inc., Newport Beach
Paul Spindler, 714/475-0800
or
Neil Berkman Associates, Los Angeles
310/277-5162
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