Latest News
Ovations Food Services Selects Radiant Systems as Preferred Point of Sale and Back Office Provider
Quest VenueManager will enable better management of inventory in sports and entertainment venues across the country
ATLANTA (July 24, 2008) – Radiant Systems, Inc. (Nasdaq: RADS) announced today that Ovations Food Services, the full-service food and beverage concessions and catering company that manages more than 90 venues, has selected the company’s Quest point of sale (POS) and VenueManager back office as its preferred solution for existing and future venues.
“After an extensive search for a technology partner, we chose Radiant because of the company’s satisfied customers and superior venue-management capabilities,” said Todd Wickner, principal and chief operating officer at Ovations Food Services. “We were impressed by the exceptional reliability of Quest VenueManager, and we are confident the solution will allow us to provide quick, efficient food and beverage service to our event venue customers nationwide.”
The Quest POS and VenueManager technology will enable faster customer service for concession stands, in-seat ordering, suite catering and retail merchandise operations. Ovations manages many well-known venues including Jacksonville Municipal Stadium, home of the NFL’s Jacksonville Jaguars, and the Rose Garden, home of the NBA’s Portland Trail Blazers.
Radiant already has installed the first POS and back office solution for Ovations at the recently-opened Verizon Wireless Amphitheater at Encore Park in Alpharetta, Ga. The company will install the solution in four more venues in the third quarter. Additionally, Radiant will continue to provide Ovations with Quest POS technology for new sites and will refresh the current technology at existing sites as needed.
“We are thrilled to partner with one of the fastest-growing and most innovative food service companies in the industry,” said Scott Kingsfield, president of the sports and entertainment division at Radiant Systems. “Ovations is known for consistently increasing per capita sales at the venues where it provides food and beverage service, and Radiant Systems is committed to helping the company continue its outstanding momentum.”
About Radiant Systems, Inc.
Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality, retail, and entertainment industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information, visit www.radiantsystems.com.
About Ovations Food Services
Ovations Food Services provides quality catering and banquet services to over 90 different venues throughout North America, including the Duke Energy Center in Cincinnati, OH; the Nashville Convention Center in Nashville, TN; the Columbia Metropolitan Convention Center in Columbia, SC; and the Roanoke Convention Center in Roanoke, VA. The company also manages sports and entertainment venues including the Jacksonville Municipal Stadium in Jacksonville, FL, home of the National Football League’s Jaguars; the Rose Garden in Portland, OR; and the John Labatt Centre in London, Ontario. For more information, visit www.ovationsfoodservices.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.
