Checkmate announces further growth and changes in organization.ROSWELL Roswell (rŏz`wĕl), city (1990 pop. 44,654), seat of Chaves co., SE N.Mex., near the Pecos River; settled 1869 as a trading post, inc. 1903. It is the trade, marketing, and rail center of an irrigated farm area. , Ga.--(BUSINESS WIRE)--Nov. 21, 1996--Checkmate Electronics, Inc. (NASDAQ-NMS: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 ), following the announcement of a new senior vice president of sales and marketing, Checkmate checkmate end of game in chess: folk-etymology of Shah-mat, ‘the Shah is dead.’ [Br. Folklore: Espy, 217] See : End Electronics, Inc., today announced additional changes in the organization. These changes are designed to expand the company's sales reach, internationally and domestically. Effective Jan. 1, 1997, Checkmate will open the first international sales office in London London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. . This will position Checkmate to focus on both product sales in the Europe/Middle East/Africa geographies, as well as participate in the evolution of global payment automation trends. "This investment outside the US, combined with planned growth in our US sales and support infrastructure will better position us to take advantage of the planned growth in the payment automation industry," stated Jerry P. Malec, Checkmate's president and chief executive officer. "We have secured strategic customer relationships with a leading share of 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. , drug chains, mass merchants, supermarkets and specialty retail stores. In addition, Checkmate has secured important relationships with some of the leading transactions processors and several of the leading banks in the US and internationally. This new structure will optimize optimize - optimisation our internal resources to further develop and grow these strategic relationships." 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. CONTACT: Checkmate Electronics, Inc. John J. Neubert, 770/594-6000, fax 770/594-6006 |
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