Media Contact: Mary Catherine Brutz |
Latest NewsBEC Reaches Milestone of 3,000 Site Installations with Radiant Systems TechnologyCompanies celebrate 15-year relationship and continued success in providing innovative solutions to the hospitality industry ATLANTA (May 17, 2010) — Radiant Systems, Inc. (Nasdaq: RADS) congratulates its reseller BEC in reaching a key milestone of 3,000 installations of the Aloha point-of-sale (POS) solution in table service and quick service restaurants across the United States. “Our relationship with Radiant has allowed us to help a large number of customers to successfully grow their businesses,” said Richard Adams, vice-president of BEC. “Our team looks forward to continuing to provide restaurant operators of all sizes with POS technology that can help them make more money by increasing sales, decreasing food and labor costs and improving customer service.” BEC supports both single-unit independent restaurants and large multi-unit chains, including 520 Qdoba Mexican Grills, 20 Tokyo Joe’s and 34 Xanterra Parks & Resorts® National Parks locations. Radiant’s Aloha POS technology helps management better automate their operations, control costs and increase employee productivity to help restaurants run more efficiently. As a result, BEC has succeeded in helping its customers grow revenue and profits through high levels of customer service, support and maintenance in the implementation of Aloha technology for the past 15 years. BEC is an authorized reseller of Radiant’s suite of products, including the Aloha Enterprise solution as well as Radiant hardware solutions for independent and small-chain restaurants in the Denver/Metro area markets. “BEC continues to be one of Radiant’s most innovative and successful resellers. During its 15-year history as an Aloha reseller, BEC has served restaurant businesses of all sizes across the Rocky Mountain Region with a level of service that differentiates them from every other provider in the area,” said Paul Langenbahn, president of the hospitality division at Radiant Systems. “BEC is a great example of why Radiant chooses to go to market with strong, locally owned partners with an entrepreneurial spirit and intimate knowledge of needs of the local restaurant industry.” About Radiant Systems, Inc. About BEC POS ### 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 ability of the Company to effectively integrate the acquired business and its technologies into its existing businesses and products, the risk that the acquired business and technologies do not perform as expected or are subject to liabilities that were not disclosed or identified by the Company prior to closing, 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. |