Radiant Systems Selected as Exclusive Point of Sale Provider for Wawa Inc.
Award-Winning Retailer Extends Technology Partnership to Focus on the Consumer Experience and Network Growth
ATLANTA -- Radiant Systems 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 : RADS) announced today an agreement with Wawa Inc. to deploy Radiant Point (Astron.) See Radiant,
n. os>, 3.
See also: Radiant of Sale and related technology to more than 570 locations with the award-winning convenience retailer.
"We are looking to improve the customer experience and grow," said Howard Stoeckel, president and chief executive officer at Wawa Inc. "We view Radiant as a key enabler to these strategic initiatives."
Since 2001, Radiant has provided self-service technology for Wawa's industry-leading food offering, often deploying as many as five customer-activated terminals per site to enable consumers to quickly and accurately select their orders from the retailer's extensive menu. Wawa's new decision extends Radiant technology to the traditional point of sale as well as fuel controllers and above-store management software. Key criteria in Wawa's selection of Radiant POS (1) See point of sale and packet over SONET.
(2) "Parent over shoulder." See digispeak.
POS - point of sale included speed of service, data and credit card security, speed to market of marketing programs, system uptime and total cost of ownership.
"Wawa is a true industry leader; defining what the convenience retail experience will look like for years to come," said Mark Schoen, president of the global petroleum and convenience retail division at Radiant Systems. "We are proud to expand our relationship with one of the industry's most remarkable brands, as we work together to do more for the consumer both in the store and at the fuel dispenser."
About Radiant Systems Inc.
Headquartered in Atlanta, Radiant Systems Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality, retail, and entertainment industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, 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. , fuel centers and other customer-service venues. Radiant has offices in 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. , Europe, Asia and Australia. For more information, visit www.radiantsystems.com
About Wawa Inc.
Wawa Inc., a privately held company privately held company
A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , began in 1803 as an iron foundry in New Jersey. Toward the end of the 19th Century, owner George Wood George Wood may refer to:
Form of animal husbandry that uses mammals, primarily cows, for the production of milk and products processed from it (including butter, cheese, and ice cream). and the family began a small processing plant in Wawa, Pa, in 1902. The milk business was a huge success, due to its quality, cleanliness and "certified" process. As home delivery of milk declined in the early 1960's, Grahame Wood, George's grandson, opened the first Wawa Food Market in 1964 as an outlet for dairy products dairy products dairy npl → produits laitier
dairy products dairy npl → Milchprodukte pl, Molkereiprodukte pl . Today, Wawa operates more than 570 stores in Pennsylvania, New Jersey, Delaware, Maryland and Virginia.
Certain statements contained in this press release are "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. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, such as statements relating to relating to relate prep → concernant
relating to relate prep → bezüglich +gen, mit Bezug auf +acc financial results and plans for future business development activities, and are thus prospective. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; including the ability to integrate the operations of acquired businesses; (iii) the Company's growth strategy and operating strategy; (iv) the Company's new or future product offerings, and (v) the declaration and payment of dividends. The words "may," "would," "could," "will," "expect," "estimate," "anticipate," "believe," "intend," "plans," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the Company's reliance on a small number of customers for a larger portion of its revenues, fluctuations in its quarterly results, ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company's filings with the Securities and Exchange Commission.