Circle K Hong Kong Seeks to Improve Competitiveness Through Radiant Systems Technology.ATLANTA--(BUSINESS WIRE)--Nov. 2, 1999-- Implementation includes point of sale, site management, and HQ software Consumers in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. are now enjoying the benefits of Radiant Systems technology as the local Circle K operator has begun deploying headquarters and site management software and Lighthouse(tm)Point of Sale in their 115 stores in the territory. After evaluating a number of systems available in the region, the management of Circle K Hong Kong chose the Radiant solution based on their desire to provide more efficient customer service and a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. , more actively managed offering of convenience products. "The Lighthouse Point of Sale is the most user-friendly system we have seen, making it extremely easy to implement and easy for our store personnel to learn," said Richard Yeung, the Chief Executive Officer of Circle K Hong Kong. "In addition, the site and headquarters management software are excellent tools that will help us better serve consumers in this very competitive retail environment." The solution for Circle K Hong Kong, which is being deployed at all existing stores this year and all new stores opening in 2000, includes a Chinese character interface for store employees and consumers, dual product descriptions in English and Chinese, and an interface with the company's financial system. This open architecture solution runs on Microsoft Corporation's Windows(R)CE operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. at the sites and uses Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. (R)and SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. at headquarters. A Radiant Systems project team is working in Hong Kong to maximize the speed and value of this chain-wide implementation. "We view this chain-wide deployment of management systems and point of sale as the beginning of a long and exciting relationship with Circle K Hong Kong," said Mark Haidet, Vice President and Managing Director at Radiant Systems. "In addition, we're excited about this project because it adds to our track record of successful projects in Asia, and it demonstrates how quickly Lighthouse Point of Sale can be made ready for deployment in a new market." Since December 1997, Radiant Systems has been working 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. with Circle K Stores, Inc., a subsidiary of Tosco Marketing, the world-wide licensor of the Circle K brand, on projects including management systems, point of sale, and retail consulting. Radiant Systems has previously implemented its technology with various retailers in Canada, the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , Malaysia, Mexico, Poland, Thailand, Sweden, Switzerland, and the U.K. Company Information Radiant Systems (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) is a leader in delivering innovative technology to businesses that serve the consumer. Radiant's solution includes transaction systems and management systems that support enterprise processes for clients ranging in size from multi-national to single-site operators. Headquartered in Atlanta, Radiant Systems (www.radiantsystems.com) also provides comprehensive client care and consulting services to maximize speed of implementation and the client's return on technology investment. Radiant's technology is deployed at hundreds of companies worldwide and currently processes more than two billion transactions annually. Since 1985, Circle K Hong Kong has operated convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. that provide a wide range of products and services including food, beverages, tobacco products, periodicals, ice cream, baked goods, and photo-finishing. Circle K Hong Kong is a member of the Li & Fung Group and is now the fifth largest retail chain in Hong Kong. Certain statements contained in this press release are "forward-looking statements" 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. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to; economic conditions, competition and other uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings. |
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