Global Payment Technologies Inc. (GPTX) Message Board

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Non-Tech : Global Payment Technologies Inc. (GPTX)

GPTX 0.0001000

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Aug 14 2:08 PM EST

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To: michael b greenberg who wrote (160)	5/4/1999 10:43:00 PM
From: D.L.STAHLEY	of 171

Great Numbers! Conference call was great…one problem, participants weren't able to ask questions because of a technical problem. Replay number 1-973-694-6836 8am-8pm m-f 8-12 sat sun. First time the company talked about future happenings. Here is the summary 1998 1999 % Gain 3mos 6mos 3mos 6mos 3mos 6mos rev. 10.2 17.9 13.2 25.5 30 43 net .794 1.3 1.3 2.4 62 76 EPS .13 .23 .22 .42 70 83 The total operating expense as a percent of sales decreased from 30% of rev to 22%. Product support, Product development and g-3 capitalization cost totaled in excess of 30 % of total operating costs. This was primarily 45 associates working in this area. Joint ventures for 6 mos. were $350,000 vrs $73, 000 for '98. 5 fold increase! GPTX S. Africa….Record year of sales and profits…Exclusive distribution with 1. De Laru eqpt. (Currency handling counting…) 2. Ingenico,( credit card swipes.) 3. GPTX( validators). Gpt owns 33% of division. GPT S. Africa is close to securing contract with leading bank to provide credit card swipers. The bank currently has 200,000 and half are not Y2K compliant. In S African cellular market, 90 % of buss is transacted on a prepaid basis. GPT is working with a cellular provider to create a “Cellular Sym Card Refueling Station” using the Ingenico product. This division is maintaining its 85% market share in growing market. GPTX Australia…Maintaining slightly less than 85% of this market place…working with Telstra, Australia's leading telephone company, on Prepaid telephone cards. Gpt has also been selected by the government to develop a validator and coin dispensing unit for use in freeway toll booths in Sydney. GPTX owns 50% GPTX UK…Currently supporting new sales effort with a major softdrink company in Europe. Euro currency will be great opportunity and will be major focus. GPTX owns 70%. Abacus…Great product with potential to become major opportunity…Will be testing soon in N. America. This company IMHO is doing everything right and will soon get Wall Street's attention.

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