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Latest NewsMuvico Selects Radiant Systems to Provide Point-of-Sale Technologies for New Coconut Pointe 16 LocationDecision based on technology vision and commitment to industry ATLANTA (Oct. 24, 2006) –Radiant Systems, Inc. (NASDAQ: RADS) announces Muvico Theaters has selected Radiant as the Point of Sale provider for it’s new Coconut Pointe 16 cinema location that opens in December. “Muvico has been a long-standing partner of ours and we are very excited to extend our relationship with such an innovative exhibitor,” said Brian Whitney, director of business development for the Radiant Entertainment Division. “We are privileged to be a part of Muvico’s growth and we look forward to working with them on an agreement in which both parties benefit tremendously.” ”We have been very satisfied with Radiant’s customer service and support as well as its dedication to our industry and to Muvico over the past decade,” said Michael Whalen, Jr., president of Muvico Theaters. “We evaluated several vendors for the Coconut Pointe location, as this location will be launching a new generation of software and hardware technologies in the cinema business. After extensive evaluations, we selected Radiant due to its overall capabilities, dedication to customer service and future product roadmap. We look forward to extending this relationship with an expanded agreement that will include our deployment of their Headquarters Management products in the near future.” “Muvico’s interest and foresight in acquiring the highest level of technology enhances guest knowledge and loyalty, and supports Muvico with innovation to capture results based on new trends in the cinema,” said Martin Dalziel, general manager of Radiant’s entertainment division. “We are excited to continue our commitment to Muvico and to the exhibition industry as a whole by continuing to deploy and expand our product set for Muvico and the industry.” Radiant Systems is the leading provider of point-of-sale technology to the cinema industry. Radiant is focused on helping cinema operators drive growth and customer loyalty, while at the same time, reducing cost and labor. Their delivery of high quality products and continued customer support are what keeps their clients satisfied. Company Information About Radiant Systems, Inc. About Muvico Theaters, Inc. Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to 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. |