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Latest NewsIndex Hospitality Systems Provides Technology to the Holland Heineken House during Vancouver Winter Olympic GamesThe Aloha Enterprise solution and Radiant Systems point-of-sale terminals enable the Dutch community’s ‘home away from home’ to successfully serve more than 120,000 visitors VUGHT (March 9, 2010) — Index Hospitality Systems today announced that the Aloha Enterprise solution and 35 Radiant Systems P1520 point-of-sale (POS) terminals were able to successfully service athletes, families, friends, sponsors and media in the Holland Heineken House throughout the 2010 Vancouver Winter Olympic Games. Created in 1992 for the Barcelona Winter Olympic Games, the Holland Heineken House is the official home of the Dutch sporting community throughout the Olympics and is hosted by the Dutch Olympic Committee. The Holland Heineken House can host 4,000 to 6,000 people nightly and is home to several foodservice vendors, bars and television viewing areas while also holding nightly musical entertainment and special medal ceremonies for Dutch winners. Heineken’s mission was to create a completely cashless environment for this event so that guests could load money onto a Heineken credit card to be used to purchase food, beverages and merchandise. Index Hospitality Systems was selected because the Aloha Enterprise solution that they provide through Radiant Systems has the ability to accept the unique payment cards that were created by Magna Carta’s cashless payment system. The Aloha Enterprise solution’s table service and quick service operations applications enabled employees of the Holland Heineken House to quickly and accurately serve more than 120,000 visitors with high levels of customer service. The Aloha applications were used on Radiant P1520 POS terminals, which experienced zero downtime throughout the more than two weeks of constant use, ensuring that foodservice and retail operations were smooth and efficient. Index Hospitality Systems facilitated the deployment of its technology with support from Radiant Systems and Creo’s project management team. “Radiant Systems’ POS software and hardware technology stood out to the Holland Heineken House because it is reliable, user-friendly and able to easily support Heineken’s cashless payment mission,” said Arthur Leliveld, director at Index Hospitality Systems. “It was an honor for us to be provider of technology solutions that played a role in making the Dutch community’s time at the Winter Olympic Games relaxing and enjoyable.” About Index Hospitality Systems About Radiant Systems, Inc. About the Holland Heineken House ### 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 ability of the Company to effectively integrate the acquired business and its technologies into its existing businesses and products, the risk that the acquired business and technologies do not perform as expected or are subject to liabilities that were not disclosed or identified by the Company prior to closing, 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. |