IHG intellect holdings limited

Finally found it, the ASX has announcements that don't need...

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    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.
 
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