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Microcap & Penny Stocks : OPMRF

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To: J_W who wrote (264)2/7/1999 12:19:00 PM
From: J_W  Read Replies (1) of 283
 
Great Atlantic & Pacific Tea Company, Inc has agreed to install two U-Scan(R) Express self checkout systems and is considering a possible rollout in up to 20 stores in 1999

MONTREAL--(BUSINESS WIRE)--Feb. 3, 1999--(NASDAQ:OPMRF) Great Atlantic & Pacific Tea Company, Inc. (NYSE:GAP), a lead grocery retailer, has agreed to install two U-Scan(R) Express self checkout systems and is considering a possible rollout in up to 20 stores in 1999.

U-Scan(R) Express is the only system available in North America today that allows shoppers to scan, bag and pay for their purchases all on their own, with cash or debit or credit cards, in most cases with no need for assistance from store personnel.

"We are delighted that A&P has chosen U-Scan(R) Express," said Henry M. Karp, Chief Operating Officer of Optimal Robotics Corp. "A&P is one of tadmired within the grocery industry as a technological innovator. This is further evidence that self-checkout is growing and is becoming a priority within North American retail stores. We are extremely excited about our new relationship with A&P and we believe that A&P shoppers will enjoy the U-Scan(R) Express experience."

"We have decided to evaluate U-Scan(R) at two of our store locations. Self Checkout enables us to better serve our customers in the rapidly changing retail environment that exists today," said Frank Urbaniak, Vice President of Retail Support Services at A&P.

The Great Atlantic & Pacific Tea Company, Inc., based in Montvale, New Jersey, operates 900 conventional supermarkets and larger superstores in 18 states, the District of Columbia and Canada, under the A&P, Waldbaum's, Food Emporium, Super Fresh, Farmer Jack, Kohl's, Dominion and Food Basics trade names.

Optimal Robotics is a leader in the development and implementation of automated self-checkout systems for retail applications. The U- Scan(R) Express system is designed to reduce the cost of checkout transactions to retailers and increase shoppers' convenience by providing a level of service and convenience similar to that provided in the banking industry by ATMs.

In addition to historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. The Company's future actual results could differ materially from the forward-looking statements discussed herein.

CONTACT: Optimal Robotics Corporation

Henry M. Karp, 514/738-8885

e-mail: henrymk@optimal-robotics.com
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