Monday April 13, 5:01 am Eastern Time
Company Press Release
Round Table Pizza Franchise to Implement U.S. Wireless Data's Tranz Enabler Wireless Solution
Prestigious "Cafe Annie" and Agusta Restaurants Corp. also Choose U.S. Wireless Data
EMERYVILLE, Calif.--(BUSINESS WIRE)--April 13, 1998-- U.S. Wireless Data [OTC BB:SOLU - news], Inc. (OTCBB:USWDA - news) announced today a large Round Table Pizza franchise with nine California locations has chosen U.S. Wireless Data's Tranz Enabler as its credit card processing solution.
Additionally, Augusta Restaurants Corp. and its nationally acclaimed ''Cafe Annie'' restaurant are ''going wireless.'' Cafe Annie, Cafe Express, Taco Milagro and Yapa locations throughout Texas will be converting to U.S. Wireless Data's Tranz Enabler technology.
U.S. Wireless Data's CEO Evon Kelly commented, ''This is our second and third restaurant agreement in the past three weeks, and although modest in sheer numbers, their significance cannot be underestimated. This is clearly an exciting trend and application for our technology. The restaurant industry is particularly interested in our high speed processing solution to help move patrons faster.''
U.S. Wireless Data, Inc. has developed, tested and is now delivering compelling new proprietary products, programs and standards to the transaction processing and credit card industry which utilize Cellular Digital Packet Data (''CDPD'') wireless networks. USWDA delivers the fastest and most cost-effective transaction processing solution to retail merchants in the United States today - wired or wireless. USWDA will generate recurring revenue from every transaction processed be merchants who utilize the Company's CDPD wireless technology. The Company's strategy will be to deploy its technology through marketing and partnership agreements with major cellular phone companies, regional and community banks, select ISO's and its won sales force. |