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Latest NewsSouth Carolina State Parks Select Radiant Retail SolutionGift shop chain to leverage robust inventory management capability delivered by Radiant to improve operational execution ATLANTA (November 15, 2007) – Radiant Systems, Inc. (NASDAQ:RADS) announces that South Carolina State Parks has chosen the Radiant retail software and hardware solution to power the gift shops in its most popular destinations. Radiant’s solution has already been successfully implemented at the South Carolina Governor's Mansion Gift Shop and the South Carolina State House Gift Shop. An additional 14 sites are soon to follow. South Carolina State Parks had critical needs for an inventory management module that would help them pro-actively manage their seasonal business. They were also focused on ease of use related to training, given their transitional workforce, and highly reliable terminals because of the demands of their business in peak seasons. Accelerando, an Elite Radiant Retail channel partner located in High Point, North Carolina was able to demonstrate how the Radiant Retail solution was a perfect fit for these requirements. Another key factor in the selection process was ensuring that the central office could effectively manage widely distributed gift shops. CounterPoint, Radiant’s software package for retail inventory management and point of sale, allows customers to manage operations at either the local level, or central office, or a combination of both. David Elwart, CIO, South Carolina Department of Parks, Recreation and Tourism says, "The Radiant solution offers South Carolina State Parks the flexibility needed to centrally manage multiple locations that are geographically challenging to reach." “More and more retailers are discovering Radiant’s unique value proposition,” said Chris Lybeer, president of Radiant’s retail division. “We offer sophisticated retail software that helps small businesses better manage their operations, bundled with hardware and services to ensure excellent reliability. Our solution is then sold, delivered and supported by local resellers who work closely with our customers to meet their continuing needs.” Company Information About Radiant Systems, Inc. About Accelerando, Inc. 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. |