SOURCE: GuestMetrics, Inc.

August 13, 2009 08:30 ET

GuestMetrics Forecasts Revenue Generation From Launch of SalesMetrics Product Line

Company to Begin Selling Product to the $700 Billion Worldwide Foodservice Industry Through Partnership With Technomic

ASHBURN, VA--(Marketwire - August 13, 2009) - GuestMetrics, Inc. (PINKSHEETS: GESM) is pleased to announce that the Company, through its strategic partnership with Technomic, Inc, has launched SalesMetrics, a monthly reporting of sales and marketing facts & insights for foodservice executives. GuestMetrics and Technomic expect to generate over $1.3 Million in revenues over the next 12 months through the sale of SalesMetrics Executive Briefing and other analytical tools to the foodservice industry. According to a January 28, 2009 article on, the global foodservice industry was $695.5 Billion in 2007 and is forecasted to reach $838 Billion by 2012 (

The complete product line is on schedule to launch over the next sixty days. Data will be sold on a weekly, monthly, quarterly, and annual basis including time series period performance, and year-over-year and year to date comparison. Transactions being tracked by the products will account for over $4.5 billion in sales and over 104 million guest transactions annually. The SalesMetrics product is a monthly Executive Briefing identifying relevant restaurant trends and incorporating expert analysis from Technomic. Data is sourced from GuestMetrics' actual check transactions database of over 2,500 participating full service chains and independents, uploaded daily from a unit-level point of sale system. On average, 285,000 transactions per day are reported to provide aggregate results.

"SalesMetrics has enabled us to offer value added services to our current customer base, plus it enables us to tap into the ever growing demand of the foodservice industry to receive as much detailed data as possible," stated Darren Tristano, Executive Vice President of Technomic, Inc.

"We are excited about the launch of the SalesMetrics product line through our partnership with Technomic. We expect to generate significant revenues through sales of our new products to the multi-billion dollar foodservice industry," stated Brian Barrett, President of GuestMetrics, Inc.

For more information on Technomic, Inc., please visit

About GuestMetrics, Inc.:

GuestMetrics is the leading provider of Customer Insight Solutions for the hospitality industry and its suppliers/distributors. The GuestMetrics software is fully integrated with the leading point-of-sale (POS) systems and allows hospitality providers at every level of the market to improve business operations. For the first time in the marketplace, GuestMetrics, through its data mining process, provides beverage alcohol and food suppliers with actionable insight into consumer behavior at the guest check-level. From world-class beverage alcohol suppliers to fine dining establishments and regional/national restaurant chains, clients depend on GuestMetrics tools to build stronger brands and drive revenue growth.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

Contact Information

  • Contact:
    For more information visit:
    Or contact:
    Investor Relations