Triversity

January 10, 2005 08:01 ET

Triversity Expands Its Store Solutions Suite with Stored Value Application


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TRIVERSITY

JANUARY 10, 2005 - 08:01 ET

Triversity Expands Its Store Solutions Suite with
Stored Value Application

TORONTO--(CCNMatthews - Jan 10, 2005) -

Stored Value Application Improves Profitability of Gift Card Programs,
Eliminating Third-Party Transaction Fees and Preventing Fraud

Triversity Inc., the fastest growing international provider of
customer-centric retail solutions, today introduced a stored value
application that is the easiest and fastest way to get hassle-free gift
cards, exchanges or refunds in any channel.

The stored value application is part of Triversity's rapidly expanding
portfolio of store solutions and business decision support solutions,
which includes client-server, enterprise and mobile POS; workforce
management; loss prevention; analytics and reporting; sales audit; and
centralized transaction services including returns authorization,
integrated and certified EFT services, customer profiling and history,
and loyalty and promotion delivery programs.

Available for Triversity's Transactionware GM and Transactionware
Enterprise POS solutions, the integrated stored value application tracks
virtually any kind of liability, such as gift cards, merchandise
credits, serial-numbered gift certificates and coupons. A key
application for boosting revenues, Triversity's stored value application
can be used to increase customer loyalty, boost recency and frequency of
customer spending, and create upselling opportunities, since customers
typically spend more than the face amount on a gift card or merchandise
credit.

Triversity's stored value application delivers significant operational
benefits to retailers as well. It eliminates third-party transaction
costs, since retailers license the software from Triversity and do not
pay third-party transaction fees each time a gift card is activated,
redeemed or reloaded. Triversity's stored value application also
prevents fraud, since preloaded cards cannot be activated if they are
stolen.

"Triversity's stored value application not only helps retailers deliver
a superior customer experience but also puts retailers in charge of
their gift card programs," said David Thomas, president and CEO,
Triversity Inc. "Retailers can easily implement gift card programs that
increase customer loyalty, while also lowering the cost of
implementation and preventing fraudulent usage."

About Triversity Inc.

Triversity is the fastest growing international provider of
customer-centric retail solutions. Triversity's solutions enable
retailers to transform the customer experience throughout the retail
enterprise while dramatically improving their operating efficiencies.
Retailers around the world have built their businesses around
Triversity's market-leading store solutions and business decision
support solutions, which include client-server, enterprise and mobile
POS; workforce management; loss prevention; analytics and reporting;
sales audit; and centralized transaction services such as stored value,
returns authorization, integrated and certified EFT services, customer
profiling and history, and loyalty and promotion delivery programs.
Triversity extends its offerings through partnerships with the
industry's leading technology vendors, allowing the company to deliver
complete sell-side solutions and services.

Triversity's retail solutions are installed in over 500 retailers in 32
countries, processing billions of transactions a year. Retailers using
Triversity's technology solutions include the U.S. Army and Air Force
Exchange Service (AAFES), Casa Ley, Comercial Mexicana, Comercial Vh,
The Children's Place, Discovery Channel, Dollar General, Hallmark,
Staples - Business Depot, The Shoe Company, The Sports Authority, The
TJX Companies, Wawa and Williams-Sonoma. Triversity's world headquarters
is located in Toronto, with U.S. headquarters in Philadelphia. For more
information, please visit www.triversity.com.

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