Checkmate Announces $400,000 Plus Sales to Parisian's.ROSWELL, Ga.--(BUSINESS WIRE)--Oct. 29, 1996--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 an agreement with Parisian, a leading department store chain based in Birmingham, Ala., to supply over $400,000 of the company's CMR CMR Crude mortality rate, see there 400 check readers for all their stores. Parisian is installing the check readers to further improve their customer service and to reduce losses associated with bad checks. This is a significant account for Checkmate checkmate end of game in chess: folk-etymology of Shah-mat, ‘the Shah is dead.’ [Br. Folklore: Espy, 217] See : End as the company continue to be the industry leader in check reading and payment technology. Parisian's vice president of information systems, Ken Scarborough said: "We chose Checkmate because of Checkmate's strong market presence, and great track record of working with large department store chains." Checkmate's president and chief executive officer, Jerry Malec, said: "We are pleased to welcome Parisian as a major 'partner.' Checkmate's family of POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale (Point-of-Sale) products are designed to provide a functionally rich range of features for our customers." Parisian's, a division of Profits, Inc., prides itself on offering the best in merchandise and customer service. Parisian's operates over 39 large upscale department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. in eight states, and plans to add several more stores this year. 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 or 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. In May 1994, Checkmate was ranked the 17th fastest growing small company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. by Business Week. CONTACT: Checkmate Electronics, Inc. John J. Neubert, COO/CFO/Senior Vice President 770/594-6000 |
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