News releaseSYSTECH RETAIL SYSTEMS INC. Quick Quote: SYS 0.01 (Even)
OPENFIELD Solutions develops new IBM 4690 Interface for VeriCash
9/29/04
RALEIGH, NC, Sep 29, 2004 (Canada NewsWire via COMTEX) --
OPENFIELD Solutions is pleased to announce a partnership with VeriCash Systems, LLC. OPENFIELD will utilize its OFS RetailConnector component product family to deliver an interface between the VeriCash system and IBM's Supermarket Application. The new int
erface will allow real-time communication of tenders for the cash office in stores.
VeriCash Systems LLC, founded in 1991, is a software, IT, and systems integrator for back office cash management for the retail sector. VeriCash has developed innovative hardware and software solutions for retailers that streamline and automate nearly every cash-related function at a retail location. VeriCash's solutions help its clients save labor, streamline cash office operations, reduce bank fees and decrease cash and coin handling - optimizing profitability and delivering a rapid return on investment. For more information go to www.vericashusa.com.
Dave Shonerd, CEO and President of OPENFIELD Solutions comments, "We are pleased that VeriCash has selected us as their development partner. We look forward to working with our new solution partner to enable the IBM Supermarket install base to leverage the VeriCash in-store cash management solution. We will be helping our leading grocery clients understand this valuable technology."
"We are excited to partner with such a respected retail technology organization," said Keith Molzer, President and CEO of VeriCash Systems. "OPENFIELD's technology complements our software solution and will help us better serve our clients, offering them more control over the cash in their stores and helping them maximize revenues. We look forward to working with OPENFIELD to serve our customers' IT needs."
OPENFIELD Solutions is the North American retail industry's premier independent developer and integrator of retail technology, including software, systems and services. Its open architecture solutions enable powerful new technology to be applied in retail environments. OPENFIELD Solution's significant cross-platform capability and considerable POS application experience allow it to address any in-store systems requirement, regardless of project size or scope.
Shares of Systech Retail Systems Corp., d.b.a. OPENFIELD Solutions, are traded on the Toronto Stock Exchange under the symbol "SYS". For more information go to www.openfieldsolutions.com.
Trademarks: OPENFIELD is a trademark of Systech Retail Systems Corp. Microsoft is a trademark of Microsoft Corporation. All other trademarks are the properties of their respective companies.
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For further information: Contact: Richard Adair, Chief Financial Officer at 1-800-232-0820 x 386 News release via Canada NewsWire, Toronto 416-863-9350
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