SOURCE: Ziftr

January 13, 2015 06:00 ET

Ziftr and RedDotNet Form Cedar Point Solutions to Simplify Cryptocurrency and Fiat Currency Transactions

MILFORD, NH--(Marketwired - Jan 13, 2015) - Ziftr® (http://www.ziftr.com/), a company that develops products, tools and apps to revolutionize the shopping experience, and RedDotNet, a leading manufacturer of small form-factor kiosks, today announced the formation of Cedar Point Solutions, a Hooksett, New Hampshire-based company that aims to simplify cryptocurrency and fiat currency transactions. Cedar Point Solutions is run by founder and CEO George Kassas, a multi-lingual executive with over 25 years of experience in technology, telecom, communications, software applications, analytics and government affairs.

"Cedar Point Solutions merges the sophisticated technologies developed by two prominent and successful New Hampshire companies and brings together the talented entrepreneurs behind them," said Kassas. "We're thrilled to provide a unique solution that will enable financial transactions anywhere, anytime, in any medium."

Established in 2008, Ziftr revolutionizes the shopping experience through the development of innovative products, tools and apps that make life easier for both consumers and retailers. Ziftr's price-comparison tool, which is available as an Android app and browser add-on, has more than 2 million downloads. Ziftr recently launched ziftrCOIN, the gateway coin to mainstream cryptocurrency adoption; ziftrPAY, an API that processes cryptocurrency and credit card transactions, and ziftrWALLET, a multicoin digital wallet.

"We can't wait to launch the first Cedar Point Solutions kiosks and give consumers the opportunity to use cryptocurrency in a much easier way than ever before," said Bob Wilkins, CEO of Ziftr. "The kiosks will integrate with the ziftrPAY and ziftrWALLET technologies to simplify the process of buying and transferring cryptocurrencies and converting cryptocurrency into fiat currency."

RedDotNet is a leading custom kiosk manufacturer specializing in purpose-built, highly reliable, small form-factor kiosks. Since its beginnings in 1998, RedDotNet has built a reputation for providing class-leading hardware solutions proven to stand up in the harshest of retail environments. In addition to hardware, RedDotNet offers a full suite of deployment, installation, remote monitoring and maintenance services.

"We're extremely excited to announce the creation of Cedar Point Solutions," said Scott Johnson, managing partner of RedDotNet. "By combining the strengths of our companies, we are poised to bring cryptocurrency to the average consumer in a manner to which they are accustomed with our self-service kiosks. Making the purchase process easy on the consumer is going to be critical to the success of cryptocurrency, and we feel that we have the team and the platform to do just that."

Members of the Cedar Point Solutions team will be in attendance at Retail's Big Show 2015, the National Retail Federation's flagship industry event taking place in New York City from January 11-14, 2015.

About Ziftr®
Established in 2008 and based in Milford, New Hampshire, Ziftr revolutionizes the online shopping experience through the development of innovative products, tools and apps that make life easier for both consumers and retailers. The company's first tools, a browser add-on and mobile app that connect shoppers with the best deals at their favorite online retailers, have had more than 2.5 million downloads.

Ziftr is a product of myVBO®, a full-service design, marketing and development company that helps businesses turn their ambitions into realities.

For more information about Ziftr, visit www.ziftr.com.

About ziftrCOIN

ziftrCOIN, the first digital currency developed for online shoppers, aims to revolutionize e-commerce by putting cryptocurrency into the hands of consumers and enabling them to conduct simple, secure transactions at their favorite online retailers.

For more information about ziftrCOIN, visit: www.ziftrCOIN.com.

About ziftrPAY™

ziftrPAY is a computer application software that connects credit card processors and cryptocurrency exchanges with retailers to facilitate the processing of consumer transactions. ziftrPAY enables retailers to accept both cryptocurrency and credit card payments without having to view or store the customer's credit card information.

For more information about ziftrPAY, visit: http://www.ziftr.com/retailers/.

About ziftrWALLET™

ziftrWALLET Mobile, the first multicoin digital wallet to combine the security and control of a desktop wallet with the speed and convenience of a cloud wallet, stores multiple cryptocurrencies and traditional fiat currencies in one secure location. While in beta mode, ziftrWALLET Mobile works with Bitcoin, Litecoin and Dogecoin, with other popular altcoins like Primecoin, Peercoin, StartCOIN and ziftrCOIN to be added soon.

For more information about ziftrWALLET Mobile, visit http://www.ziftrWALLET.com.

About RedDotNet

Based in Carlsbad, California, and Dover, New Hampshire, RedDotNet is a key player in the design, manufacture and deployment of interactive kiosks. The company has deployed over 20,000 kiosks worldwide in a wide range of environments. In the last two years, RedDodNet kiosks were used over 200 million times, and there are units in the field that have been in continuous operation for over 10 years.

For more information about RedDotNet, visit: http://www.reddotnet.com/.

Disclaimer
All statements in this release, other than statements of historical facts that address future ziftrCOIN availability, or developments that the ziftrCOIN expects are forward looking statements. Although the Corporation believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements. Factors that could cause results to differ materially from those in the forward looking statements include, but are not limited to: market volatility; continued availability of capital, financing and personnel; government regulation and laws; and general economic, market or business conditions.

Contact Information

  • Media Contact:
    Chris Dunleavy
    Marketing Strategist
    Ziftr
    Email Contact