Radiant Systems

November 01, 2005 11:15 ET

Major Canadian Integrated Petroleum Company Selects Radiant Systems; Commitment to Deploy Radiant Point-of-Sale in More Than 1,000 Sites

ATLANTA--(CCNMatthews - Nov 1, 2005) -

Radiant Systems, Inc. (NASDAQ: RADS) announced today that Shell Canada Products has contracted to deploy Radiant Point-of-Sale (POS) software, Radiant Site Manager, the Radiant Forecourt Controller, and P1550 hardware terminals in more than a thousand retail sites in Canada.

"We continue to replace the legacy systems of our competitors with modern, touch-screen systems that are open, reliable and function rich," said Mark Schoen, president of the Global Petroleum and Convenience Retail division. "Our goals are to give Shell Canada Products a common platform for electronic payments and improve data quality, the speed of customer service and productivity."

The Radiant POS solution includes tax, Interac® debit and bilingual functionality for the Canadian market as well as integration with Shell Canada Product's electronic payments network. Fully-integrated with the Radiant POS solution, Radiant Site Manager will enable integration with strategic systems while giving convenience store operators access to tools such as item pricing and reconciliation of cash, shifts and fuel. The actual hardware, a high-performance and reliable terminal, has a rugged enclosure, superior thermal management, fault tolerance and secure cable management to maximize uptime and improve customer service in the highly competitive environment faced by petroleum and convenience store operators.

"We chose Radiant because they have a quality product and proven track record for large deployments," said Eymbert Vaandering, General Manager, Retail, Shell Canada Limited. "This investment is a critical enabler for us to ensure operational effectiveness and meet the needs of our customers."

Company Information

Founded in 1985, Radiant Systems, Inc. provides innovative store technology for the hospitality, petroleum and convenience retail, and entertainment industries. Radiant's point-of-sale, self-service kiosk, and back-office technology enables operators to drive top-line growth and improve bottom-line performance. Headquartered in Atlanta, Radiant (www.radiantsystems.com) has deployed its solutions in more than 50,000 sites worldwide.

Certain statements contained in this press release are "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. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; including the ability to integrate the operations of acquired businesses; (iii) the Company's growth strategy and operating strategy; (iv) the Company's new or future product offerings, and (v) the declaration and payment of dividends. The words "may," "would," "could," "will," "expect," "estimate," "anticipate," "believe," "intend," "plans," and similar expressions and variations thereof are intended to identify forward-looking statements. 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 as a result of various factors. 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 customers for a larger portion of its revenues, fluctuations in its quarterly results, 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 filings with the Securities and Exchange Commission.

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