SYS Technologies Creates New Walk-Up Systems' Division and Signs Agreement With Ticketmaster Canada.Business Editors & High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--Feb. 13, 2003 SYS SYS System(s) SYS System Configuration (File Name Extension) SYS See You Soon SYS Sun Yat-Sen (founder of Republic of China) SYS Stretch-Yawn Syndrome Technologies' (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SYYS) today announced a new division, the SYS Walk-Up Systems' Division, to provide the consumer show industry's first automated kiosk ticketing systems across 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. . The SYS Walk-Up Systems' Division already signed a Letter Agreement with Ticketmaster Canada LTD's IATS IATS Integrated Automated Travel System IATS Intake Air Temperature Sensor IATS International Automated Transactions Services IATS Intermediate Avionics Test Set IATS Information Access and Technology Services (University of Missouri - Columbia) division, which enables both companies to aggressively market a turn-key consumer show electronic ticketing and marketing system to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. consumer show industry. The agreement is the first step in promoting the system to a broader base of consumer shows in Canada and the U.S. Under the terms of the agreement, SYS Technologies SYS Technologies (AMEX:SYS), also known simply as SYS, provides information technology products and services and wireless communications systems for the Department of Defense, Department of Homeland Security and various industrial customers. will market IATS's Consumer Show Ticketing System (CSTS CSTS Construction Safety Training System CSTS Can't Stop The Serenity CSTS Center for the Study of Traumatic Stress (Bethesda, MD) CSTS Crew Space Transportation System (European Space Agency) ) and Ticketmaster's related Internet services, which include advanced e-ticketing & advanced e-mail notification, with SYS Technologies' automated ticketing kiosk and on-site digital advertising systems. The SYS Technologies and IATS systems have been used successfully in recent trials held in Toronto. Both companies expect to provide ticketing support at over six locations between now and June 30, 2003, including but not limited to Toronto, Orlando, Boston and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . Clifton Cooke, president and COO of SYS Technologies, stated, "The new ticketing kiosk capability is SYS Technologies' initial step in providing computer-processing systems for specific embedded applications. Its real-time embedded devices are one of the key thrusts upon which SYS Technologies' is basing future growth. Our agreement with Ticketmaster provides the opportunity to provide an integrated solution to SYS Technologies' North American customers. The total system provides shorter lines for consumers, enhanced fee accountability for show management and more effective traffic flow for the venue management." Tom Epplett, vice president Corporate Development of Ticketmaster Canada Ltd., stated, "We are very pleased to be working with SYS in this project and feel that their new ticketing kiosk, when networked together with our Consumer Show Ticketing System called Expo Admission, will add considerable benefits to the Consumer Show Industry." Ticketmaster Canada is the nation's leading computerized ticketing service and has served Canada's entertainment industry for over 30 years. Consumers receive convenient access to tickets for more than 10,000 events per year. SYS Technologies has provided engineering, technical, financial and management services to a myriad of commercial and U.S. government customers since 1966. It currently has several multiple-year management and engineering service contracts with the U.S. Navy and General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. at various locations across the country. The Company, which has seen steady growth in recent years, is publicly traded (OTCBB:SYYS). SYS Technologies has headquarters in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. at 9620 Chesapeake Drive, San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , 92123, and has offices in Carlsbad and Oxnard, Calif., and Arlington and Chesapeake, Va. For additional information, visit the SYS Technologies Web site at http://www.systechnologies.com. This press release includes "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release regarding the company's strategies, plans, objectives, expectations, and future operating results are forward-looking statements. Although SYS believes that the expectations reflected in such forward-looking statements are reasonable at this time, it can give no assurance that such expectations will prove to have been correct. Actual results could differ materially based upon a number of factors including, but not limited to, the state of economy, competition, unanticipated business opportunities, availability of financing, market acceptance, government regulation, dependence on key personnel, limited public market and liquidity, shares eligible for future sale, continuation and renewal of contracts and other risks that may apply to the company including risks that are disclosed in the company's Securities and Exchange Commission filings. |
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