Finally found it, the ASX has announcements that don't need Adobe, you can view it direct as a doc.
Wins first $1.3m outdoor terminal deal in USA
Document date: Mon 06 May 2002 Published: Mon 06 May 2002 10:27:40
Document No: 189962 Document part: A
Market Flag: Y
Classification: Progress Report
INTELLECT HOLDINGS LIMITED 2002-05-06 ASX-SIGNAL-G
HOMEX - Melbourne
+++++++++++++++++++++++++
Intellect (ASX: IHG) today announced a $1.3 million deal in the US,
the first in what is expected to be strong sales for its latest
generation of outdoor payment terminals in the American market.
The deal with ThruComm Inc, in conjunction with US processor
Paymentech is for Intellect's new OPT2027, designed specifically to
take payments in harsh environments. ThruComm will be installing the
terminals in drive-through restaurants, allowing customers to pay by
credit, debit, stored value, gift or loyalty card at the pick up
window in a manner that is as fast as cash. Alternatively, customers
can pay with credit card at the order point, leaving the service
window purely for food delivery and speeding up the entire process.
Highly vandal-resistant, secure and weatherproof, the new Intellect
terminal can be mounted flush to a wall or on its own stand, making
it ideal for a number of applications. Around the world, Intellect
OPT terminals are used in a variety of places - petrol stations,
drive-through restaurants and even car parks. Intellect has over 25
years experience in the outdoor payment market - initially providing
the unattended terminals for petrol stations in Europe.
Intellect's CEO, Mr Jan de Smet said: "The OPT2027 is the new
flagship of our outdoor terminal range. All of our experience has
created a great looking, fully functional terminal that is perfect
for many merchants around the world. We are exceptionally pleased
that our experience and expertise are valued by customers such as
ThruComm."
ThruComm's Senior Vice President of Business Alliance Development,
Mr James Stroud, said: "One of the greatest challenges for quick
service restaurants that want their customers to have the convenience
of plastic payments is achieving 'faster than cash' credit and debit
card payments at drive-throughs.
"ThruComm's unique managed network connectivity services and expert
point of sale integration capabilities will enable Intellect's
drive-through terminals to achieve a new level of performance with
3-5 second transaction times and 99.9% uptime reliability."
Much of Intellect's strategy is based on taking payments wherever the
customers are - a concept very much appreciated in the US. The
success of this strategy is reflected in many of Intellect's recent
sales to companies that wish to offer their customers maximum payment
convenience.
For example, in early April 2002 the company announced a $1.4 million
deal with AMPS Wireless in the US for delivery of Intellect's
Sapphire mobile payment terminals. The Sapphire is used by couriers,
retail food delivery, taxicabs and even local law enforcement
authorities for taking on-the-spot payments.
In November 2001 Intellect announced that it had become the leading
supplier of Datatac wireless payment terminals in the US with the
announcement of a contract worth $1.4 million from Linkpoint. The
Intellect Datatac systems, which communicate like a mobile phone, are
being used in a variety of situations where payment terminals need to
be portable and flexible. These include solutions for the sale of
food and merchandise in sporting stadiums and exhibition centres as
well as on-the-spot payment for services such as limousines and
tradesmen.
ABOUT INTELLECT
Intellect designs and develops secure electronic payment and smart
card solutions. Intellect products range from secure payment, smart
card and mobile payment terminals to personal payment and financial
systems solutions. Intellect's main offices are in Belgium,
Australia, US and UK. Intellect products are sold in 30 countries
including The Netherlands, Belgium, Austria, Switzerland, Norway,
Germany, Australia, Indonesia, Malaysia, Singapore, New Zealand,
Brazil, Canada and the United States. Intellect can be found on the
World Wide Web at www.intellect.com.au
MEDIA CONTACT:
Jeff Bird
Bird & Hill Public Relations
(61-2) 9954 0555
[email protected]
SHAREHOLDER CONTACT:
Wens Brinkman
Intellect Australia Pty Ltd
(61-3) 9426 9000
[email protected]
ABOUT THRUCOMM, INC
ThruComm, Inc, a privately held, venture-backed corporation
headquartered in St Petersburg, Fl, is answering the advanced data
communications needs of today's transaction processors, merchants and
ATM network providers by delivering an end-to-end managed network
specifically suited for the EFT industry. Offering fast, reliable,
"always on" connectivity in an affordable package, ThruComm supports
EFT transactions and back-office applications from existing ATMs,
electronic cash registers and point-of-sale systems. ThruComm's
solution is currently installed at over 2,000 locations nationwide.
ThruComm is located at 100 Second Ave, Suite 1100, St Petersburg,
Fl, 33701. Contact ThruComm at 727-821-2300 or at www.thrucomm.com.
MEDIA CONTACT:
Jennifer Gordon
PR for ThruComm
650.480.4012
[email protected]
ABOUT PAYMENTECH
Dallas-based Paymentech delivers secure and reliable payment service
in merchant acquiring and point-of-sale transaction processing with a
wide array of product functionality and support. Paymentech
(www.paymentech.com) processed approximately 3.7 billion total
transactions and $114 billion in bankcard sales volume in 2001.
Founded in 1985, Paymentech is the nation's premier processor and
acquirer of credit card transactions.
IHG
intellect holdings limited
