Daily's Convenience Store Chain Selects Q Comm's Qxpress 200 POSA Terminals for Electronic Delivery of Prepaid Services.Business Editors OREM, UT--(BUSINESS WIRE)--July 23, 2003 Q Comm See comms. International Inc. (Amex: QMM QMM Quick March Medley QMM Quasi-Multiple Medium Method QMM Quadratic Minimax QMM Quadrature Multipath Monitor QMM Question Mark and the Mysterians (band) QMM Quest for the Magic Marbles ), a provider of prepaid transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. and electronic point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) distribution solutions, today announced that the Daily's Convenience Store chain selected its Qxpress 200(TM) point-of-sale activation (POSA POSA Public Order and Security Act POSA Pattern Oriented Software Architecture POSA Passive Optical Sample Assembly POSA Parks and Open Space Advocates (Seattle, WA) PoSA Pomona College Student Art Gallery ) terminals and transaction processing services for the electronic distribution of prepaid services. Daily's is a chain of 70 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. located in and around Nashville, Tenn. The company has recently completed the installation of Qxpress 200 terminals in all 70 stores. Daily's currently uses the Qxpress terminals to sell prepaid long distance in addition to the prepaid wireless services of Verizon, Cingular, AT&T, T-Mobile, Alltel and TracFone. The company plans to add other services to the Qxpress terminals in the future. Ron Motley, director of marketing and merchandising at Tri Star Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the operating company operating company A business that engages in transactions with outsiders. that manages Daily's, believes that prepaid services will make up a good portion of a convenience store's sales and calls prepaid a natural fit. Motley said that Daily's stores have always sold prepaid phone cards but that the recent implementation of POSA now allows Daily's to efficiently add prepaid wireless and other services, resulting in increased revenues per store. "We are pleased with the performance of the Qxpress 200 machines," said Motley. "They are simple to use and all inclusive, meaning that one machine can handle all of the prepaid products that we sell which helps streamline operations and product management." Stephen C. Flaherty, president of Q Comm, added, "We are happy to be providing the transaction processing services for Daily's Convenience Stores. Q Comm will continue to provide enhanced products and services to increase Daily's revenue per location. The Daily's account is further evidence that we continue to grow through Qxpress 200 placements in quality retail locations." About Daily's Convenience Stores Daily's Convenience Stores is headquartered in Nashville. The company owns and controls 70 convenience stores in and around the Nashville area. The company is owned by Tri Star Energy, LLC and managed by Tri Star Services, LLC. Tri Star Energy is a joint venture of Shell Oil Corp., Parman Oil Co. and Kimbro Oil Co. Tri Star and Daily's Convenience Stores began operations in October 2001. About Q Comm International Established in 1992, Q Comm International provides proprietary prepaid transaction processing and information management systems that facilitate electronic recharge re·charge tr.v. re·charged, re·charg·ing, re·charg·es To charge again, especially to reenergize a storage battery. re or distribution of prepaid products from service providers or their distributors to retail points of sale. Q Comm's solutions replace traditional hard cards (also known as scratch cards scratch card n. See scratch ticket. scratch card scratch n → carte f à gratter or vouchers) that are costly to distribute, and provide more comprehensive reporting and inventory management among other benefits. In concert with its proprietary data center platform, Q Comm's point-of-sale terminal, Qxpress 200(TM), is currently used by wireless carriers or mobile operators, telecom distributors, and various retailers to sell a wide range of prepaid products and services including prepaid wireless or prepaid mobile, prepaid phone cards, prepaid dial tone and prepaid bank cards, such as prepaid MasterCard. Visit www.qcomm.com for more information. This press release contains 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. involving risks and uncertainties that may cause actual results to differ materially from those indicated due to a number of factors, including shortages of raw materials, the company's financial condition and cash flow and general economic conditions. The company's plans and objectives are based on assumptions involving judgments with respect to future economic, competitive, regulatory and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the company's control. Therefore, there can be no assurance that the forward-looking statements will prove to be accurate. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. |
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