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NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FEBRUARY 26, 1999
Telepanel Announces New Millennium Plus(TM) Electronic Shelf Labels - Next Generation Technology Breakthrough
NEW ORLEANS, LOUISIANA and TORONTO, CANADA--Telepanel Systems Inc., a Toronto based leader in wireless electronic shelf label (ESL) systems for retail stores, today unveiled its new Millennium PLUS(TM) electronic shelf label system at MARKETECHNICS '99 in New Orleans. Millennium PLUS(TM) is a major advance over the ESL technologies available in the world today.
Millennium PLUS(TM) builds upon the full function, high reliability, ease of installation and long life that have been the hallmarks of Telepanel's wireless technology. The evolutionary Millennium PLUS(TM) product stretches Telepanel's lead in radio frequency (RF) based technology with substantial gains in communication power, highly repeatable performance, dramatic increases in processing speeds, and reduced acquisition price.
Millennium PLUS(TM) is easily incorporated into existing in-store communication networks, such as Symbol's Spectrum24(R) network. Retailers can now extend their current RF network to include Telepanel electronic shelf labels.
Commenting on the new system, Chris Skillen, Telepanel's President and CEO, said "Telepanel has always set the standard for electronic shelf labels. Our new Millennium PLUS(TM) system delivers function and price/performance that is second to none. Millennium PLUS(TM) was built with the assistance and advice of our business partners - IBM, Fleming (FLM), Symbol (SBL), and the Communications Research Centre. Telepanel is now the only vendor to deliver wireless ESL technology at prices that the retailers have long demanded."
The Millennium PLUS(TM) electronic shelf label system is available worldwide, direct from Telepanel and through IBM Corporation, Fleming Inc., and Telepanel Europe.
"We are excited about the price/performance offered by Millennium PLUS(TM)," said Scott Yeager, Fleming's Director of Marketing. "Millennium PLUS(TM) offers our retailers a tremendous opportunity to integrate ESL's with other point of sale, in-store processor, and in-store RF network technologies sold by Fleming."
Millennium PLUS(TM) is being unveiled at MARKETECHNICS '99 in New Orleans today. Telepanel's electronic shelf labels are on display at the booths of IBM Corporation, Symbol Technologies, and Telepanel's own booth. (For more information, read the rest of the press release in the Yahoo Telepanel News Section.) |