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To: ztect who wrote (128)5/17/2000 1:42:00 PM
From: ztect  Read Replies (1) of 177
 
(cc) Phone/Music/Debit Coca Cola Card?

I was listening to the news on the radio, and heard something
about Coca Cola. The radio broadcast was more informative than
the PR below. On the news Coke entered into this deal which
allows the use of debit and phone cards along with cell
phone accounts for purchasing of Coca Cola products from
vending machines. For example, you can call a number
listed on the vending machine with your cell phone
using a phone/debit card or not using such a card instead of
inserting any money, time or money is subtracted
from your card or the transaction appears on your phone bill,
and you get your soft drink from the machine.

Thus just maybe an whole new debit/phone/music card possibility.

z

siliconinvestor.com

UPDATE 1-Marconi, Coca-Cola sign online vending deal

(Adds detail throughout)

LONDON, May 17 (Reuters) - British telecoms equipment maker Marconi Plc said on Wednesday
it had signed a five-year online deal with Coca-Cola Company (NYSE: KO).

Marconi said Atlanta-based Coca-Cola, the world's largest soft drinks company,
expected to invest $100 million in its online vending technology.

Marconi said in a statement that its online technology
would "revolutionise soft drink vending."

The alliance comes a day after Marconi Chief Executive George Simpson said
at a conference in Barcelona that a major deal with a well-known consumer
group was in the pipeline, as he announced an alliance with U.S.-based telecoms
firm ThruComm Inc worth more than $650 million.

Marconi said its U.S. Marconi Online unit would be the exclusive provider
of vending technology and data management support to Coca-Cola in order
to link more than 500,000 vending machines worldwide through its communications networks.

The group added that the alliance with Coca-Cola would eventually
see consumers use Internet shopping and cell phones to make cashless purchases.

Coca-Cola Chairman Douglas Daft told business leaders in London on May 10
that the company would work on building grass-roots relationships in Europe.
Daft admitted that 1999 had been a tough year for the firm. Millions of bottles
and cans were recalled after more than 200 people in Belgium and France said
they became sick after drinking the company's products.

Coca-Cola shares closed at 48-10/32 on May 16. The stock has underperformed
its sector by 13.0 percent so far this year.

Marconi rose by 14p, or 1.6 percent, to 898p in London afternoon trading.
The company has underperformed its sector by 1.4 percent so far this year.
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