Fujitsu iSTORE Combines POS Software, Hardware and Services for Specialty Retailers; New Lifecycle Solution Reduces Technology Hassles, Complexities and Costs.Business Editors & High Tech Writers National Retail Federation's 91st Annual Expo and Convention Booth No. 503/517 NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com NEW YORK--(BUSINESS WIRE)--Jan. 14, 2002 Fujitsu Transaction Solutions Inc. today announced iSTORE(TM), a complete offering of software, hardware and services combined to deliver a complete store-level technology solution for specialty retailers. iSTORE, available immediately, reduces costs for specialty retailers by streamlining in-store technology delivery, implementation, integration, service and support of complete hardware and software systems. Fujitsu announced iSTORE today at the National Retail Federation's 91st Annual Expo and Convention, Jan. 13-16, 2002, at the Jacob Javits Convention Center in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The company is demonstrating iSTORE on multiple platforms Refers to two or more operating environments, which typically include the CPU family and operating system. For example, if versions of a program run on Windows and the Macintosh, the software is said to support multiple platforms. and devices (point of sale, handheld) at Fujitsu booth No. 503/517. "iSTORE answers the biggest dilemma faced by specialty retailers today," said Austen Mulinder, president and chief executive officer. "These retailers face low margins, increased competition, concerns about decreased consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. and the reality that `speed to market' is critical for success. "In the relentless quest to cut operating costs operating costs npl → gastos mpl operacionales , store systems technology is a prime target. Retail CIOs are being challenged to deliver more value faster, but for less cost. iSTORE presents specialty retailers with a solution that helps them meet this challenge. iSTORE simultaneously enables retailers to focus on true retailing value-add while Fujitsu streamlines their in-store technology delivery, implementation, integration, service and support with a complete lifecycle approach to retail IT." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Andersen Consulting See Accenture. , retailers report that their top IT investment priority is store systems, and that infrastructure management and support turned out to be their single largest IT operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. . iSTORE helps retailers control such costs at a store-systems level by incorporating streamlined processes for vendor management, infrastructure services, advanced hardware and the introduction of new iSTORE point-of-sale software. iSTORE: Software application expands total offering iSTORE includes a point-of-sale application that gives specialty retailers "off the shelf" ease of implementation, said Keith McNamara, vice president of software and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . "We know that retailers typically spend at least $1 million a year just to customize and update their POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale software," said McNamara. "With the iSTORE application, which is based on our longstanding GlobalSTORE(R) POS framework, we can dramatically reduce the time and money spent on customization and maintenance. It's virtually `off the shelf' and installed within 20 minutes." Fujitsu has worked with several general-merchandise and specialty retailers during iSTORE's development. "Three years and hundreds of hours spent with specialty retailers tell us that iSTORE is a leap forward for those seeking adaptability, flexibility and functionality," said McNamara. For example, iSTORE can help retailers eliminate 40 percent - that's roughly $4 million - of their POS software development costs over a 10-year time span." This, said McNamara, is done by reducing customization requirements. "iSTORE operates on the premise that when software depends on heavy customization, then it's compromised," he said. "We responded to that `break the rules, break the business' mentality in developing iSTORE - now specialty retailers can go about the business of retailing instead of worrying about breaking software business rules and cratering the store. "iSTORE minimizes customization and makes sure that when changes do occur, they are made at a component level without interfering with existing business logic," he said. "This approach alone saves retailers hundreds and thousands of dollars by avoiding redundant application testing application testing - system testing ." iSTORE includes a familiar, Microsoft(R) Windows(R)-based graphical-user interface for store associates. The interface simplifies - and expedites - customer checkouts while also serving as an effective training station for store associates. iSTORE is based on Microsoft Windows 2000, with a migratory path toward Windows XP. The iSTORE solution includes: Software -- iSTORE incorporates reliable, powerful and flexible POS software created specifically for specialty retailers. The software is quickly configured and operational with virtually no customization requirements - it is easy to install, use and maintain, to reduce retailers' total cost of ownership. iSTORE is based on Fujitsu's proven GlobalSTORE(R) foundation in use by retailers such as Best Buy, Recreational Equipment Inc. (REI) and Sears Tire Centers. -- Pricing for the iSTORE POS software varies, but has a base price of $2,000 per store. The software will be sold as part of the total iSTORE solution and separately via Fujitsu's direct and indirect channels. Hardware -- Fujitsu TeamPoS(R) 2000 POS terminal -- Fujitsu iPAD(TM), a featherweight, multipurpose mul·ti·pur·pose adj. Designed or used for several purposes: a multipurpose room; multipurpose software. multipurpose Adjective and ruggedized handheld device for retailers -- Fujitsu TeamPad(TM) family of rugged handheld devices for retailers Services -- Customer service and support -- Product staging and integration -- Rapid-response roll-outs -- Asset management Pricing varies, depending on system requirements and the level of lifecycle management services included. About Fujitsu Transaction Solutions Inc. Fujitsu Transaction Solutions Inc., headquartered in Dallas, is 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 Fujitsu Limited (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 6702). The company is a total lifecycle solutions supplier for North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. retailers and financial services providers. Fujitsu optimizes the customer's technology lifecycle and reduces total cost of ownership with point-of-sale (POS) hardware and software, handheld devices and applications, Web-enabled automated-teller machines (ATMs) and infrastructure services, including asset management. Fujitsu offers world-class customer-service support, call centers, product staging/integration and rapid-response rollouts. It serves customers such as Allfirst Financial, Albertson's, Recreational Equipment Inc., Safeway, Staples and U.S. Bank, among others. Web site: www.ftxs.fujitsu.com. Editor's Note: This release, a complete media kit and hi-res, downloadable photos are available: -- via CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). in the NRF NRF National Retail Federation NRF NATO Response Force NRF National Research Foundation (South Africa) NRF Neighbourhood Renewal Fund (urban renewal funding package in the UK) NRF Nouvelle Revue Française press room, B-103 -- via www.mbapr.com/ftxs-nrf Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.011402/bb6 |
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