MIST Freedom II Terminals Enable Wireless Transactions At the 2002 Countrywide Tradition.Business Editors SUPERSTITION MOUNTAIN Superstition Mountain is located immediately east of the Phoenix metropolitan area in Arizona. It anchors the west end of the Superstition Wilderness. The mountain, a single massive volcanic plug, is a prominent landmark in the eastern Valley of the Sun and is a popular recreation , Ariz.--(BUSINESS WIRE)--April 24, 2002 Wireless point-of-sale terminals from MIST Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :MIS), a leader in wireless transaction technology, are being used to perform secure credit card transactions at the 2002 Countrywide Tradition, April 23-28 at Superstition Mountain Golf and Country Club. The Lyle Anderson Company which owns and operates the Superstition Mountain Golf and Country Club property is using MIST Freedom II Terminals to enable tournament spectators to purchase admission tickets and merchandise using credit cards. "The use of wireless payment technology eliminates the need for us to obtain additional telephone lines and wire them to the outdoor retail tent next to the no. 1 hole," said Eric Goldman, Director of Information Technology, Lyle Anderson Companies. "MIST's terminals allow us to obtain credit card payments securely wherever it is convenient." The MIST Freedom II is a wireless point-of-sale terminal that allows merchants to perform credit card, debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and check transactions from any location. The ergonomically-designed Freedom II has an integrated printer and a wireless modem A modem and antenna that transmits and receives over the air. Wireless modems support several technologies, including 802.11, Bluetooth, CDPD, DataTAC, Mobitex and Ricochet. There are wireless modems for laptops, handhelds and cellphones. that supports one of several wireless platforms including Motient and cingular. This allows merchants to select the wireless network that provides the best coverage for their geographical area. Wireless networks are connected to credit, debit and check payment processors such as Vital Payments and Paymentech using MIST's FreedomGate transaction gateway. "The Countrywide Tradition is one of the highlights of the SENIOR PGA TOUR The PGA Tour is an organization that operates the USA's main professional golf tours. It is headquartered in Ponte Vedra Beach, Florida, USA. Its name is officially rendered in all caps as “PGA TOUR". . It is at outdoor events and venues such as golf courses, sporting events, trade shows and fairs where merchants can benefit from the speed and security of wireless payment technology," said Cathy Kenworthy, Vice President, US Sales, MIST Inc. "When consumers are able to pay with credit cards, they are able to spend more. With MIST's FreedomGate technology, merchants are provided with wireless network choice, flexibility and reporting to help them manage their businesses." The Countrywide Tradition is the first Major Championship of the year on the SENIOR PGA TOUR and annually attracts the game's greatest legends. Players like four-time Countrywide Tradition winner Jack Nicklaus Noun 1. Jack Nicklaus - United States golfer considered by many to be the greatest golfer of all time (born in 1940) Jack William Nicklaus, Nicklaus , Gary Player Gary Player (born November 1, 1935) is a South African professional golfer generally regarded as one of the greatest players in the game's history. He was born in Johannesburg, South Africa. , Tom Watson, Tom Watson, Tom (Thomas Sturges Watson), 1949–, American golfer, b. Kansas City, Mo. Considered the successor to Jack Nicklaus as the game's foremost player in the late 1970s and early 1980s, Watson won the British Open in 1975, 1977, 1980, 1982, and 1987, the Kite, Ben Crenshaw Ben Daniel Crenshaw (born January 11, 1952) is an American golfer. He was born in Austin, Texas. He attended and played golf at Austin High School and the University of Texas before turning professional in 1973. , Fuzzy Zoeller, Raymond Floyd and defending champion Doug Tewell, among many others. ABOUT MIST MIST Inc. (TSE: MIS) is a leading international provider of transaction processing solutions for financial institutions and processors. The Company produces wireless, Internet, and wired point-of-sale terminals, secure transactional gateways and offers smart card issuance solutions. Its end-to-end products take advantage of the latest communications and security technologies to deliver outstanding operating benefits and cost advantages to its customers and end users. MIST has offices in Canada, the United States, the United Kingdom, and Japan. For more information, visit www.mistwireless.com. Investors may contact investor-relations@mistwireless.com. FOR MORE INFORMATION CONTACT MIST Inc. Harry Chand hchand@mistwireless.com 416-621-1911 |
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