Research In Motion renews supply agreement with Lipman USA
RIM's OEM Technology To Be Used In Wireless Point-Of-Sale Terminals
WATERLOO, ON, Dec. 20 /CNW/ -- Research In Motion Limited (Nasdaq: RIMM,
TSE: RIM) today announced it has signed an agreement to supply its new
advanced OEM radio modems to Lipman USA Inc., a leading provider of integrated
portable wireless electronic funds transfer (EFT) and wireless point-of-sale
(POS) terminals. The agreement has a value of approximately US $1.8 million
(approximately CDN $2.7 million) with deliveries scheduled over the next 12
months.
The radio modems will be a key component in Lipman's NURIT family of
wireless EFT/POS terminals. Lipman's EFT terminals will incorporate RIM's
high-performance radio modems to conduct debit and credit card authorization
over nationwide wireless networks, allowing a faster, more flexible and more
cost-effective service for remote and temporary locations than traditional
dial-up authorization services. Lipman's solution enables retailers to offer
electronic transactions in a wider variety of mobile environments including
special events, conventions, stadiums, fairs, theme parks, ferries, ticket
booths, kiosks, concession stands, parking lots, mobile businesses, home
services and home delivery.
"RIM's radio modem technology offers state-of-the-art performance and
reliability making it a key feature of our wireless terminal solutions," said
Mony Zenou, President & COO of Lipman USA Inc.. "Integrating RIM's wireless
technology into our EFT and POS solutions allows us to provide our clients
with high-speed, cost-effective debit and credit card transactions in mobile
or unwired settings. The improved performance and smaller size fit perfectly
into our recent release of the NURIT 3010, a handheld wireless terminal that
will serve the delivery market."
"Demand for wireless point-of-sale solutions is growing in popularity
among retailers as a fast, cost-effective alternative to the fixed landline
POS terminals used in typical retail outlets," said David Werezak, Vice
President of Marketing at Research In Motion. "The trend toward cashless
transactions has had a significant impact on businesses that operate in a
cash-based mobile environment. Lipman's wireless EFT and POS solutions enable
operational efficiencies and improved customer service for companies that
conduct commerce in mobile, temporary or remote locations." RIM's
next-generation 802D and 902M OEM radio modems excel in several fundamental
areas including size, transmit power, receiver sensitivity, output efficiency,
noise immunity, power consumption, reliability and ease-of-integration. Key
features include:
- Powerful development platform - incorporates high-performance digital
transceiver, Intel386(tm) processor and ample memory for application
code and file storage.
- Small and lightweight design - approximately 1.65" by 2.65" by
0.33"(thickness) and 1.23 oz.
- Powerful transmitter - can supply full 2W transmit power for enhanced
in-building and fringe-area usage.
- Efficient power management - standby power consumption drops to as low
as 0.2mA.
- High reliability - single board design ensures greater reliability,
especially in high vibration or rugged environments.
- High noise immunity - allows tighter integration in closer proximity
to other embedded electronics.
- Comprehensive developer support - complete developer program including
Integrator's Package, Software Developer's Kit (SDK) and technical
support from a team of experienced engineers assists developers to
reduce design and implementation timelines.
- Standard application development environment - Microsoft(r) Developer
Studio compatible SDK allows software engineers to quickly develop
custom applications that can run on the modem's internal Intel386
processor.
About Lipman USA
Based in Syosset, NY, Lipman specializes in designing and implementing
cost-effective electronic funds transfer (EFT) devices. Lipman produces a
range of land line terminals, printers, peripherals and fully integrated
devices combining a terminal, printer, pin pad, and radio modem into one
compact wireless / portable EFT solution. Lipman is the largest distributor of
wireless terminals in the United States. Lipman's electronic payment
applications serve a variety of business areas including retail, restaurant,
script, address verification systems (AVS), electronic benefits transfer
(EBT), medical eligibility verification, check truncations, phone card
activation, private label programs, ATM and script machines. |
