Printer Friendly
The Free Library
14,651,585 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

First Data Independent Sales to Sponsor Grand Prix Arizona.


New Ticketing Technology to Debut at Vegas Grand Prix For the Formula One event, see Las Vegas Grand Prix

The Vegas Grand Prix is a Champ Car race held in downtown Las Vegas utilizing a temporary street circuit. In July of 2006, the Las Vegas City Council approved a 2.
 Fueled by Visa

PHOENIX -- Officials from Grand Prix Arizona The Grand Prix Arizona was a planned annual circuit of the Champ Car World Series in Phoenix, Arizona, and was going to be an open-wheel race on a temporary street course through downtown Phoenix.  and First Data Independent Sales[R] Fresno by Cardservice International, a company that processes credit card transactions nationwide, announced at a cocktail party last night that the event planned for Nov. 30-Dec. 2, 2007 in downtown Phoenix will now be called the First Data Grand Prix Arizona as part of a multi-year, multi-city partnership between the two entities.

First Data Grand Prix Arizona owners Bradley Yonover and Dale Jensen said the partnership agreement with First Data Independent Sales[R] Fresno by Cardservice International is for a minimum of three years. It includes the title sponsorship for the Vegas Grand Prix Fueled by Visa and other partnership opportunities with subsidiaries of their company, DDB DDB - device independent bitmap  Ventures. First Data will provide both events with Visa Smart Cards, the latest in ticketing technology to hit the motorsports industry.

"This marks the second phase or our growing partnership with First Data Independent Sales[R] Fresno by Cardservice International," said Yonover, co-owner of the First Data Grand Prix Arizona and the Vegas Grand Prix Fueled by Visa. "This is a relationship that is bringing cutting-edge technology to the entertainment business, and we're excited to be at the forefront of this trend."

First Data Independent Sales[R] Fresno by Cardservice International is bringing the convenience of prepaid or stored value cards to the Vegas Grand Prix Fueled by Visa and the First Data Grand Prix Arizona, a first for ticketing and vending at this type of event. First Data has worked in conjunction with the grand prix to implement a ticketing system for the event called Smart Cards that will utilize prepaid Visa cards to access the venue and will also make available prepaid Visa cards for purchase at the event to make it easier for consumers to purchase goods from event vendors. More than 200 VeriFone V(x) 610 wireless payment systems will be deployed among vendors at the event to accept card payments.

"First Data Independent Sales[R] Fresno by Cardservice International is looking at innovative avenues to incorporate and expand our processing capabilities," said Richard Ramirez, president and chief executive officer of First Data Independent Sales[R] Fresno by Cardservice International. "At both the Vegas Grand Prix Fueled by Visa and the First Data Grand Prix Arizona, we're able to offer consumers and vendors the ability to process a transaction instantaneously and wirelessly."

Point-of-sale systems such as VeriFone's V(x) 610 portable payment powerhouse enable vendors to utilize wireless wide area networking, or WWAN See wireless WAN. , and wireless local area networking - known as WLAN See wireless LAN.

WLAN - wireless local area network
 and Wi-Fi - to send card transactions over wireless networks. WWAN utilizes the CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band.  and GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations.  cellular wireless networks, both of which are widely available in the U.S. By utilizing the swipe cards within the venue, First Data will showcase their credit card processing capabilities that will be at the forefront of all consumer transactions in the next five years, Ramirez said. The V(x) 610 will enable customer service agents and vendors to operate and process all card transactions wirelessly during the Vegas Grand Prix Fueled by Visa and the First Data Grand Prix Arizona.

"The Vegas festival is all about the party experience, and we want to make that easier on people so they don't have to carry cash or visit ATM's throughout the weekend," said Jim Freudenberg, president and chief executive officer of the grand prix. "Our partnership with First Data is creating a much more user friendly environment at the Vegas Grand Prix Fueled by Visa."

Tickets for Vegas Grand Prix Fueled by Visa are now on sale. For tickets, event and volunteer information, visit www.vegasgrandprix.com. Tickets for First Data Grand Prix Arizona are scheduled to go on sale May 1. For event and volunteer information, visit www.grandprixarizona.com.

About First Data Independent Sales[R] Fresno by Cardservice International

Moorpark, Calif.-based First Data Independent Sales[R] Fresno by Cardservice International is proud to be part of First Data[R] Corporation, the leader in electronic commerce and payment services. First Data Independent Sales[R], a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of First Data[R] Corp. (NYSE NYSE

See: New York Stock Exchange
:FDC FDC - Floppy Disk Controller ), processes every type of electronic payment method - credit, debit, electronic benefits transfer and electronic checks. First Data Independent Sales[R] offers popular point-of-sale hardware and software for brick-and-mortar and e-commerce acceptance and operates the LinkPoint[R] Secure Payment Gateway, the most secure payment gateway in the industry. Established in 1988, First Data Independent Sales[R] currently processes more than $12 billion in annual credit and debit card volume and more than 125 million transactions annually for its customer base of 175,000 merchants. First Data Independent Sales[R] has 400 independent agent offices and more than 2,900 sales representatives nationwide.

About Vegas Grand Prix

The Vegas Grand Prix is a three-day festival of speed and entertainment being held April 6-8, 2007 that will encircle en·cir·cle  
tr.v. en·cir·cled, en·cir·cling, en·cir·cles
1. To form a circle around; surround. See Synonyms at surround.

2. To move or go around completely; make a circuit of.
 the heart of downtown Las Vegas Downtown Las Vegas can have several meanings depending on how it is used.

It can mean:
  • The business area around City Hall
  • The downtown casino area.
For articles that include information about this area see:
  • Las Vegas, Nevada
. The weekend will feature rock concerts, a championship boxing match, celebrity poker tournament, Easter Sunrise Services, an impressive Easter egg hunt and culminate in the internationally televised 2007 series opener for the Champ Car World Series. The race will take place on a 2.44-mile, 12-turn temporary street circuit through the heart of downtown Las Vegas.

About DDB Ventures

DDB Ventures, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 was founded in 2005 and is owned by two Arizona businessmen, Dale Jensen and Bradley Yonover. Yonover, an entertainment entrepreneur and real estate developer, and Jensen, a financial software visionary and largest single owner of the Arizona Diamondbacks MLB MLB Major League Baseball
MLB Minor League Baseball
MLB Middle Linebacker (football)
MLB Motor Life Boat
MLB Matt Leblanc (actor)
MLB Mother Love Bone (band) 
 team and part owner in the Phoenix Suns NBA NBA
abbr.
1. National Basketball Association

2. National Boxing Association

NBA (US) n abbr (= National Basketball Association) → Basketball-Dachverband (=
 team, have partnered to create an entertainment, motorsports and real estate development entity. Operating the Vegas Grand Prix Fueled by Visa and the First Data Grand Prix Arizona for DDB Ventures is Jim Freudenberg and his team of professionals, who have successfully run more than 70 Champ Car street racing festivals and other major motorsports events in the U.S. and throughout the world over the past 25 years.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 11, 2007
Words:1008
Previous Article:Array Networks Positioned in the Challengers Quadrant for SSL VPN Magic Quadrant 3Q2006 Report.
Next Article:Acquicor Technology Inc. Announces Record Date for Special Meeting of Stockholders and Approves Stock Repurchase Program.
Topics:



Related Articles
An urban mini grand prix. (includes related article)
CART: HERTA, HEARN OUT OF OPENER.(Sports)
L.A. REVS UP FOR ITS OWN GRAND PRIX; DOWNTOWN SET AS RACETRACK FOR THREE-DAY EVENT.(News)
DOWNTOWN REVS UP FOR GRAND PRIX; RACERS HEADLINE WEEKEND FESTIVAL.(NEWS)
NOTEBOOK: FAST TIMES ON SOFT TIRES IN QUALIFYING.(Sports)
MOTOR SPORTS: NEW OWNER FOR L.B. GRAND PRIX.(Sports)
MORNING BRIEFING.(Sports)
Revving up: Long Beach Grand Prix reaching out to Hispanic audience.(Toyota Motor Sales U.S.A. Inc.)
The Grand Prix Association of Long Beach, CA.(Contracts, licenses)
Checkered flag.(SPORTS BUSINESS)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles