Canadian Tire Corporation Renews Agreement With Gilbarco Veeder-Root

GREENSBORO, NC--(Marketwire - Dec 19, 2011) - Canadian Tire Corporation, Limited will install Gilbarco's FlexPay™ EMV solution across their 289 gasoline outlets in Canada. They selected Gilbarco's Encore^® S dispensers and retrofit kits in order to meet Europay, Mastercard and Visa (EMV) compliance.

"We are confident in our decision to partner with Gilbarco Veeder-Root to achieve EMV compliance and protect our customers," said Andrea Ongaro, Divisional Vice President of Petroleum Operations & Business Development with Canadian Tire Corporation. "In search of a partner with a flexible solution, proven field experience, and a customer friendly user experience, we found Gilbarco to be the only provider able to meet all of our requirements."

"Gilbarco Veeder-Root is thrilled to be working with Canadian Tire," said Richard Browne, Vice President of Marketing with Gilbarco Veeder-Root. "The selection reflects the strength of the ongoing partnership with our Canadian distributor, National Energy Equipment and their outstanding service and support."

Gilbarco Veeder-Root's FlexPay™ EMV CRIND provides an easy and integrated solution for EMV compliance. Retailers get full security for both debit and credit card transactions, factory-installed on the new Encore® S dispensers and as a retrofit to existing dispensers. Customers enjoy the same familiar and intuitive experience everywhere. Since 2008 Gilbarco has installed more than 90% of the EMV capable forecourt payment points in Canada.

About Gilbarco Veeder-Root
Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations. We offer the broadest range of integrated solutions from the forecourt to the convenience store and head office. For almost 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support and proven reliability. In fact, we help manage the business and maximize the bottom lines for 19 of the top 20 convenience store operators in the U.S. Gilbarco Veeder-Root. Technology with a human touch.