Cleveland Indians Select STR Tradewind to Manage Point-of-Sale Operations.Business Editors/High Tech Writers PALM BEACH, Fla.--(BUSINESS WIRE)--Jan. 18, 2000 Applied Digital Solutions' retail systems and software unit, STR STR abbr. synchronous transmitter receiver , Inc., to help improve customer service and enhance overall efficiency of the Cleveland Indians' merchandise concessions, retail shops and training facility Applied Digital Solutions, Inc. (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 :ADSX ADSX Applied Digital Solutions, Inc. (stock symbol) ) today announced, through its retail systems and software development unit, STR, Inc., that The Cleveland Indians In addition, STR also will install a wide area network (WAN) that will connect all of the Cleveland Indians' concessions and stores with their corporate office. The Cleveland Indians retail operation has evolved from a single team shop to a full-fledged enterprise over the past six years. A review of store systems showed many needs, including replacing an outdated out·dat·ed adj. Out-of-date; old-fashioned. outdated Adjective old-fashioned or obsolete Adj. 1. system that required a tremendous amount of human intervention. The Indians' requirements list identified 1) a new, easy-to-use and fully-functional point of sale system, 2) productivity tools to measure effectiveness and development of sales associates, and 3) an exception-based loss prevention application. "We need to get more information about what we sell and when we sell for our store managers to become more effective and efficient," said Jayne Churchmack, Cleveland Indians Senior Director of Merchandising and Licensing. "We feel that STR shares our vision of the technical direction of retailing, and I am looking forward to building a partnership with a local company that will help us grow our business with the assistance of technology." Commenting on the partnership, Applied Digital Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Richard J. Sullivan said, "Nobody understands the technical aspects of in-store systems and data warehousing See data warehouse. data warehousing - data warehouse better than the STR team. And we're very pleased that more and more service-oriented organizations like the Cleveland Indians are selecting STR as a strategic partner to help improve the efficiency of their retail operations." Updated Technology Brings a Host of Benefits Installing TradeWind(R), TradeRoute and TradeWatch(TM) (additional STR software applications), and a companion wide area network, will enable the Cleveland Indians to connect their entire retail organization. This dramatic technological leap will facilitate trickle polling, a retail intranet, store-level e-mail, host-based data warehouses and real-time information sharing See data conferencing. . This translates into business benefits such as better customer service through instant item look-ups, faster sales updates, and improved communications of markdowns, shipments, company news and much more. "STR has the ability to make the most of their development platform and technology," noted Dave Powell, Cleveland Indians Director of Information Systems. "They have the vision and the products to deliver the business solutions we want, using the technology we want to use. Partnering with STR brings us more than processing power and functionality. They are helping us build real-time connections throughout our retail operations; that's where the real power lies." Robert W. Munson, President of STR, said, "The Cleveland Indians understand the tremendous power they can bring to bear on their retail enterprise through the implementation of innovative applications and technology. We're delighted that they've chosen TradeWind(R), TradeRoute and TradeWatch(TM), and we look forward to an exciting and creative partnership with them for many years to come." The Cleveland Indians Baseball Company, Inc. is the sole general partner of the partnership that owns the Cleveland Indians, one of the premier franchises in Major League Baseball "MLB" and "Major Leagues" redirect here. For other uses, see MLB (disambiguation) and Major Leagues (disambiguation). Major League Baseball (MLB) is the highest level of play in North American professional baseball. . The team holds one of the sport's highest winning percentages since 1994 and currently has the longest streak of consecutive sellouts in Major League Baseball. General information about the Indians can be found on the World Wide Web at www.indians.com. About STR, Inc. STR, Inc., an Applied Digital Solutions company, develops and markets in-store systems and corporate data warehousing tools to the retail industry. STR has more than 15,000 contracted installations in a client base of internationally recognized specialty retail companies. To learn more about STR, please visit www.STRinc.com. About Applied Digital Solutions, Inc. Applied Digital Solutions, Inc. is an e-business to business solutions provider offering Internet, telecom, LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and software services to a wide variety of businesses throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . For more information, visit the Company's web site at www.adsx.com. Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are `forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. The Company intends that such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. |
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