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Radiant Systems Expands Presence in Europe with Larger Office in Prague

New facility makes room for rapid growth of hospitality as well as expansion of technical support across all industries

PRAGUE, Czech Republic (Feb. 16, 2005) — Radiant Systems, Inc. (NASDAQ: RADS) announced today the expansion of its European headquarters in Prague with the move to a larger and more technically advanced office space enabling the support for continued regional growth across the industries the company serves.

“We see significant potential in the European market,” said John Heyman, chief executive officer of Radiant Systems. “Technology investments by our petroleum customers should remain strong because of their continued desire to streamline operations across the diverse European market as well as the strong interest in deploying outside payment technology for self-service fueling.”

Since establishing Prague as its base of European operation in 1998, Radiant has signed multi-country contracts to serve the retail technology needs of major oil companies such as ConocoPhillips, Repsol YPF, Shell Oil and Total, while entering the hospitality market in 2004 with the Aloha point-of-sale product line.

“The hospitality market in Europe has been hungry for new choices for point-of-sale,” said Heyman. “Our Aloha product not only enhances the consumer’s experience with loyalty and speed of service, but also provides the restaurant’s management with industry-leading tools and data that allow them to manage their business better.” Radiant now has 10 major resellers serving table service, quick service and pub operators across the continent.

Headcount in Radiant’s European office reached 40 employees at the end of last year, and the new facility allows for growth of up to 70 people during upcoming months. The Prague office is staffed across all functional areas of the company including consulting, customer support, product development and sales.

“We established our European presence in Prague seven years ago because it offered a more competitive cost structure than Western European capitals and because we could recruit a technically-skilled and internationally-minded workforce,” said Heyman. “We continue to view Prague as an excellent market for employee talent.”

Company Information
Founded in 1985, Radiant Systems, Inc. provides innovative store technology for the hospitality, petroleum and convenience store, and entertainment industries. Radiant’s point-of-sale, self-service kiosk, and back-office technology enables operators to drive top-line growth and improve bottom-line performance. Headquartered in Atlanta, Radiant (www.radiantsystems.com) has deployed its solutions in more than 50,000 sites worldwide.

Certain statements contained in this press release are "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. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations; including the ability to integrate the operations of acquired businesses; (iii) the Company’s growth strategy and operating strategy; (iv) the Company’s new or future product offerings, and (v) the declaration and payment of dividends. The words “may,” “would,” “could,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” “plans,” and similar expressions and variations thereof are intended to identify forward-looking statements. 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 as a result of various factors. 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 customers for a larger portion of its revenues, fluctuations in its quarterly results, 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 filings with the Securities and Exchange Commission.