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Dunkin’ Brands Selects Radiant Systems as Exclusive POS Provider
Dunkin’ Donuts aims to install solution throughout 4,500-site franchisee community
ATLANTA (August 15, 2007) —Radiant Systems Inc. (NASDAQ: RADS) announced today that Dunkin’ Brands has selected Radiant as the exclusive point-of-sale (POS) technology provider for its U.S. Dunkin’ Donuts restaurants. Franchisees will be offered a fully integrated Radiant technology solution, including software and hardware for point of sale, order confirmation and kitchen displays.
Over the last three years, Radiant has served as one of two approved store point-of-sale technology providers for Dunkin’ Donuts. The Radiant solution is currently installed in over 1,000 Dunkin’ Donuts restaurants.
The Radiant solution is expected to provide benefits that support Dunkin’ Donuts’ operational goals such as improving speed of service and order accuracy. The easy-to-use solution will also provide heightened visibility into store performance, facilitate more effective regional product tests and new product rollouts, and improve the customer experience.
“Dunkin’ Brands’ selection of Radiant is a testament to the hard work and expertise the Radiant team has exhibited over the last three years, and it demonstrates the confidence the franchisee community has in our solution and deployment capabilities,” said Andy Heyman, chief operating officer at Radiant Systems. “We are excited to support the vision of Dunkin’ Brands and its franchisee partners.”
About Radiant Systems, Inc.
Radiant Systems, Inc. (www.radiantsystems.com) is a global leader in providing innovative technology to the hospitality and retail industries. Offering unmatched reliability and ease of use, Radiant's hardware and software solutions are deployed in more than 85,000 restaurants, retail stores, cinemas, convenience stores, fuel centers, and other customer-service venues across more than 100 countries. Radiant serves the needs of its customers through the dedication of more than 1,100 employees, 325 certified sales and service partners, and 1,800 field service representatives around the world. Founded in 1985, the company is headquartered in Atlanta with regional offices throughout the United States as well as in Europe, Asia and Australia.
About Dunkin’ Brands, Inc.
With more than 13,000 franchises in 50 countries worldwide, Dunkin' Brands, Inc. is renowned for its leadership in the quick quality restaurant category. There were 7,123 Dunkin' Donuts restaurants, 5,838 Baskin-Robbins restaurants and 280 Togo's restaurants with system-wide sales of $6.1 billion at the end of fiscal 2006. Dunkin' Brands, Inc. is headquartered in Canton, Massachusetts. For more information, visit www.dunkinbrands.com.
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.