(Irving, Texas - April 11, 2001) - Brink's announced today that Radiant Systems,
Inc. (NASDAQ: RADS) has integrated its Lighthouse™ point-of-sale with Brink's
CompuSafe® Service for complete cash management and reporting at retail
locations. Radiant Systems will demonstrate the integrated solution at the
upcoming NACS Tech 2001 technology conference in Dallas April 23-25, 2001.
"The integration with Brink's CompuSafe Service creates total automation of safe
accounting and increases efficiency by providing centralized control of the
device at the point of sale," said Jon Bolen, Managing Director of
Petroleum-Convenience Stores for Radiant Systems. "This development further
strengthens site level cash accountability and enables the retail operator to
consolidate electronic safe data with other store reporting."
Brink's CompuSafe Service, an in-store cash management service for convenience
stores, gasoline marketers and restaurants, improves security and automates the
cash handling process from the time a customer pays to the time the money is
deposited in the bank. CompuSafe Service completely eliminates the manual
counting and re-counting of cash deposits or safe drops at these retail
locations.
Some of the benefits for the retailer of having Brink's CompuSafe unit
integrated into the Lighthouse point-of-sale solution include:
With the CompuSafe/Lighthouse integration, the system accounts for each drop,
the time and the exact amount deposited.
Because the exact amount of cash deposited in the CompuSafe unit is known by the
system, store managers can perform "spot audits" anytime to verify that the
amount in the cash drawer is what should be in the cash drawer.
At the end of each shift, the system "tells" the cashier how much cash they
should have in their cash drawer rather than the other way around.
"With Brink's CompuSafe Service and Radiant's Lighthouse solution, two systems
that are easy-to-use and easy-to-maintain, retail managers will spend less time
in the back office - allowing them to focus on customer service and other
issues," said Glenn Mason, Vice President of Brink's CompuSafe Service.
With over 15,000 terminals deployed in sites in the United States and overseas,
Radiant's Lighthouse solution is a proven technology for the convenience store
market, providing the most stable and reliable system for meeting the demands of
high-volume customer service environments. The Lighthouse Windows® CE
architecture provides an open, industry standard platform that integrates all
store technology into one point of control and offers the scalability to support
a rapidly growing business.
Radiant Systems, Inc. (Nasdaq: RADS) is a leader in delivering innovative
technology solutions to businesses that serve the consumer. These solutions
include transaction-processing and management systems that support enterprise
processes for clients ranging in size from multi-national to single-site
operators. Radiant's mission is to use its technology to eliminate billions of
dollars of operational and logistical inefficiencies from the markets that the
company serves. Headquartered in Atlanta, Radiant (www.radiantsystems.com) also
provides comprehensive client care and consulting services to maximize speed of
implementation and the client's return on investment. Radiant's solutions are
deployed at hundreds of companies worldwide and currently process more than two
billion transactions annually.
For more information on Radiant's Lighthouse point-of-sale solutions, please
contact Art Curtis, Product Manager, at (770) 576-6972 and Karen McPherson,
Public Relations, at (770) 576-6828. Visit www.radiantsystems.com.
With Brink's CompuSafe Service, store employees just drop currency into the
CompuSafe unit. It reads and validates the bills and places them in secure
cassettes. Since Brink's controls access to the safe, store managers do not have
to be present when Brink's collects the sealed containers to transport them to
Brink's currency room. There, trained tellers verify the deposits, combine
deposits from all retail locations and transfer those funds electronically to
the customer's bank. Because Brink's controls the entire process, it guarantees
the customer that the amount of cash reported in the cassettes when picked up
will be deposited to their bank account - minimizing the potential of theft and
in-store discrepancies.
Brink's, founded in 1859, is the largest provider of armored services in the
world with more than 150 facilities in the United States and a global network
that spans more than 50 countries. For more information on Brink's CompuSafe
Service, please call 1-800-BRINKS-5 or visit http://www.brinksinc.com/compusafeservice.