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Latest NewsRadiant Systems Names Paul Langenbahn President of its Hospitality DivisionLangenbahn to lead strategic vision for hospitality division ATLANTA (July 19, 2007) – Radiant Systems, Inc. (NASDAQ: RADS) announced that Paul Langenbahn will assume the role of president for Radiant’s hospitality division as of July 2007. Andy Heyman, Radiant’s residing hospitality president, will continue his role of chief operating officer. Since 1994, Langenbahn has held a variety of key leadership positions including vice president of sales and marketing, vice president of channel sales for the hospitality division and consulting director for the petroleum and convenience retail division. “For 13 years, Paul has held a broad range of leadership positions at Radiant,” said Andy Heyman, chief operating officer at Radiant Systems. “His strategic leadership, successful track record and respect internally and externally make him the ideal candidate to lead our hospitality division.” “We have established a team built upon our core company values, Teams of Winners, Customers for Life, Ideas to Action and Respect and Honor,” said Paul Langenbahn, president of the hospitality division at Radiant Systems. “I am proud to lead the Radiant hospitality team to continue to grow our business.”
About Radiant Systems, Inc. This press release may contain “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. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. 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. 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 clients for a large portion of its revenues, fluctuations in its quarterly results, its 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 periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements. |