REGISTRY MAGIC AND BRISTOL RETAIL SOLUTIONS WILL MERGE TO CREATE WORLD'S FIRST BLUETOOTH AND POINT-OF-SALE COMPANY
VoiceFlash Networks Will Accelerate Bluetooth Development and Deployment Offering Vast Array of Mobile Commerce Solutions
BOCA RATON, FLA., June 20, 2001, -- Registry Magic Inc.
Registry Magic Inc. (Nasdaq:RMAG) yesterday announced that shareholders of both Registry Magic and Bristol Retail Solutions (Nasdaq:BRTL:OB) voted and approved the merger of the two companies. This strategic merger creates the world's first fully integrated Bluetooth(TM) and point-of-sale company.
To be named VoiceFlash Networks, Inc. (Nasdaq:VFNX), this unique new enterprise will be the premier global company delivering Bluetooth, mobile commerce, and point-of-sale products and services across rapidly converging media platforms. As part of the agreement, John Falcone, Executive Vice President, will become President of the combined companies.
``The merger will bring together Registry Magic's mobile technology platform and Bristol Retail Solutions' point-of-sale distribution channel, and will facilitate the rapid deployment of our cutting-edge Bluetooth Payment Network,'' said Lawrence Cohen.
``I believe wireless will affect people's lives in more ways than ever right now, and Bluetooth is already accepted as the world standard and essential tool for mobile commerce,'' continued Mr. Cohen. `` This merger catapults VoiceFlash to the active market leadership position and allows us to deliver to customers enterprise-class products and support, a global network of certified partners and a full range of working mobile commerce solutions.''
VoiceFlash's product offerings now include pioneering Bluetooth applications and integrated wireless and point-of-sale solutions. Today VoiceFlash becomes the most accessible player to the heart of this industry, where the VoiceFlash product line can set standards for innovation and excellence.
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About VoiceFlash Networks, Inc.
VoiceFlash Networks, Inc (Nasdaq:VFNX) is a leader in the commercialization and integration of Bluetooth, wireless, and point-of-sale technologies. The company's offerings lead the wireless evolution by linking independent mobile devices with one platform for the management of personal information via point-of-sale systems and open standards-based Application Programming Interface (API). |
