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Latest NewsChick-fil-A® Reaffirms Commitment to Radiant Systems’ TechnologyRestaurant company invests in point-of-sale to improve the customer and operator experience ATLANTA (February 21, 2007)—Radiant Systems, Inc. (NASDAQ: RADS), a leading provider of technology to the retail and hospitality industries, announces an agreement with Chick-fil-A® to implement its Radiant Point-of-Sale (POS) software in the restaurant company’s entire chain. Chick-fil-A will use the Radiant POS platform to improve restaurant efficiency, streamline menu maintenance and ensure system maintainability in pursuit of its corporate strategies of operational excellence and outstanding customer service. The agreement builds on a ten-year relationship between the two Atlanta-based companies that has resulted in more than 1,000 Chick-fil-A sites installed with a prior generation of Radiant software today. After a thorough evaluation of other POS systems, Radiant’s software was once again selected as the approved solution. Key to the Radiant POS platform, the above-store web-based POS management application will allow Chick-fil-A to rapidly deploy strategic product introductions across the chain and cost effectively administer regional variations for all Radiant POS systems from a central location. With the Radiant solution, Chick-fil-A will benefit from a uniform software platform that will enable the company to give its franchised operators value-added innovations beyond standard quick-service capabilities. “Radiant is a company whose focus on customer service and product integrity has given them the expertise to successfully support large restaurant operators,” said Jon Bridges, chief information officer at Chick-fil-A. “Sourcing a total POS solution and support from a single provider allows us to create a critical information link among customers, restaurants and corporate. We look forward to implementing the next-generation Radiant POS as part of our technology vision.” “Chick-fil-A’s recommitment to Radiant technology exemplifies the power of this solution in helping restaurant operators enhance their service capabilities and grow their businesses,” said John Heyman, CEO of Radiant Systems. “Their dedication to employee satisfaction, customer service and excellence sets them apart in the quick-service industry, and we look forward to strengthening our partnership with them.” About Radiant Systems, Inc. About Chick-fil-A This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the Company’s reliance on a small number of clients for a large portion of its revenues, fluctuations in its quarterly results, its ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements. |