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Technology Stocks : NAP: National Processing, Inc.
NAP 2.500+0.7%Dec 13 4:00 PM EST

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To: JakeStraw who wrote (27)2/26/2002 8:31:26 AM
From: JakeStraw  Read Replies (1) of 72
 
Long John Silver's Restaurants Inc. Rolls Out Credit and Debit Card Processing with National Processing Company
biz.yahoo.com
LOUISVILLE, Ky., Feb. 26 /PRNewswire-FirstCall/ -- National Processing Company (NPC®) a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP) announced the signing of a multi-year merchant processing agreement with Long John Silver's Restaurants Inc. Long John Silver's has been successfully piloting credit and debit card processing solutions with NPC and has now rolled out the service to corporate owned stores - many accepting credit and debit card payments for the first time.

Long John Silver's is America's largest quick-service seafood chain with more than 1,220 units worldwide. The first Long John Silver's Fish 'n' Chips opened in 1969 in response to growing consumer demand for quick-service seafood. Long John Silver's goal to provide each guest great tasting, reasonably priced fish, chicken and seafood, in a fast and friendly manner, on every visit ensures Long John Silver's position as a leader in the quick- service seafood market.

``We are delighted to be rolling out credit and debit card processing to all Long John Silver's corporate owned locations,'' said Drew Soinski, senior vice president of Travel and Entertainment for NPC. ``Our pilot with Long John Silver's was very successful - resulting in a strong, competitive advantage for those locations accepting card payments. Our investment in technologies and processes for the quick service industry makes card acceptance affordable and convenient for virtually any merchant.''

``Again, NPC is pleased to be providing merchant processing solutions for another giant in the quick service restaurant business,'' said Mark D. Pyke, chief operating officer for NPC. ``This is a big step for Long John Silver's to invest in credit and debit card acceptance for the first time in many of its locations. NPC will continue to focus our efforts on expanding products and services to new markets where card payments have not been traditionally accepted.''

Kevin Armstrong, president of Long John Silver's Restaurants Inc. stated, ``We are excited about offering our customers a fast, convenient and secure method of payment at our corporate-owned locations.'' This is right in line with our promise to provide every guest great tasting, reasonably priced fish, chicken and seafood in a fast friendly manner.``
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