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(PR Wires) PRW: ATS Money Systems, Inc., Announces New ATS-6000 Electro
PRW: ATS Money Systems, Inc., Announces New ATS-6000 Electronic Currency
Counting Scale
ENGLEWOOD, N.J., Aug. 9 /PRNewswire/ -- ATS Money Systems, Inc., (OTC
Bulletin Board: ATSM) today announced a new product for the retail store
cash office -- the ATS-6000 Electronic Currency Counting Scale. The
ATS-6000 is the first in a series of new models for release in 1999 and is
available for immediate delivery. The new ATS-6000 scale accurately and
quickly counts bills, coins, coupons and gift certificates, on a single
machine, utilizing a unique weighing technology that replaces up to three
conventional machines. The new ATS-6000 series includes improved ergonomics,
more powerful cash office programs and improved communications. Typical
applications include register audits, starting fund set-up, bank deposit
preparation, bank change order verification and safe audits. The ATS-6000
provides advanced communications with upload and download capabilities
allowing the machines to be managed centrally as well as update central
sales audit systems. The ATS-6000 may be used in a stand-alone
configuration, interfaced with a printer for an instant audit trail, or
integrated to custom cash office software. User programmable functions
enable the scale to be easily set-up locally, or from central sites to meet
specific counting procedures. Mr. James H. Halpin, Executive Vice President
of ATS Money Systems, Inc., commented, "This new, improved scale technology
will enable ATS to further accelerate and expand recent gains we have made
in the grocery, fast food and convenience store markets as well as in our
traditional markets of department store, home improvement centers and
discount department stores."
Retailers using this scale will benefit from notable labor savings and
reduced counting errors, as well as a return on investment in less than a
year, in most cases. The new ATS-6000 improved communication capabilities
allows retailers to manage and integrate the cash office scale with other
store systems maximizing and protecting their investment. The
communications download functions include the capability to download from
central sites, new set-up or denominations such as the upcoming NEW DOLLAR
COIN. The ATS-6000 is designed for retail businesses that process cash,
including supermarkets, fast food restaurants, convenience stores, specialty
stores, home improvement centers, drug stores and department stores. A
partial list of companies currently utilizing ATS retail cash management
solutions includes: The Kroger Company, Nash Finch Company, Wendy's, Arby's,
White Castle, Ames Department Stores, Carson Pirie Scott & Co., The Home
Depot, Pilot Corporation, Target Stores and T.J. Maxx.
ATS Money Systems, Inc., is engaged in the development, sales and service of
currency counting systems running on DOS, UNIX, Windows 95 and Windows NT
platforms for department and chain store cash offices. Its wholly owned
subsidiary, Innovative Electronics, Inc., is a major supplier to the retail
marketplace, providing an end-to-end solution that integrates point-of-sale,
in-store processing and host applications in a distributed computing
network.
Statements made in this Press Release, other than those concerning
historical financial information should be considered forward-looking and
subject to various risks and uncertainties. Such forward-looking statements
are made based on management's belief as well as assumptions made by, and
information currently available to, management pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. The
Company's actual results could differ materially from those expressed in or
implied by such forward-looking statements as a result of a variety of
factors, including among others, those identified in the Company's Annual
Report on Form 10-KSB for the fiscal year ended December 31, 1998. A copy
of such Annual Report is obtainable from the EDGAR database Internet web
site maintained by the Securities and Exchange Commission at
http:/www.sec.gov/edgarhp.htm. Additional factors that could cause or
contribute to such differences include general economic conditions, economic
conditions in the industries in which the Company's customers compete, a
determination by the Company's customers to prolong the test cycles of the
company's equipment, software and software support services and a
determination by the Company's customers to modify or change their
underlying computer and cash reporting systems. The Company undertakes no
obligation to release publicly the results of any revisions to its
forward-looking statements that may be made in this Press Release to reflect
events for circumstances occurring after the date of this Press Release or
to reflect the occurrence of other unanticipated events.
/CONTACT: Gerard F. Murphy, President and CEO of ATS Money Systems, Inc.,
201-894-1700, or fax, 201-894-0958/
11:38 EDT
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