Two releases on NETX ...
MobiNetix Systems Debuts eReceipts, the First Internet-based Application Service for Electronic Transaction Data Storage and Retrieval
Unique Service Allows Retailers to Minimize Costs Associated with Customer-related Transaction Disputes and Returns
SUNNYVALE, Calif.--(BUSINESS WIRE)--June 7, 1999-- MobiNetix Systems, Inc. (OTC BB:NETX), a leading provider of Internet-based electronic transaction management solutions, today announced availability of eReceipts(TM), the industry's first remote-hosted, Internet-based electronic transaction application service for the retail, banking and hospitality markets.
eReceipts provides easy, secure storage and retrieval of electronic transaction receipts via any standard Web browser, offering merchants a straightforward, user-friendly way to minimize costs associated with customer-related transaction disputes and returns.
Leveraging MobiNetix's proven leadership in electronic transaction management, eReceipts enables merchants to benefit from advances in Internet technology, signature capture and iPOS platforms to reduce the operational costs typically associated with paper-based processes.
By maintaining customer receipt information online, eReceipts allows merchants to eliminate the costs associated with paper receipt storage, while providing immediate resolution of transaction disputes. Retailers can quickly recreate proof of transactions, offering merchants significant cost savings from time and money traditionally spent on processing customer charge-backs (countered charges that banks deduct back from a retailer) and returns without receipts. eReceipts also allows retailers to improve the quality of service to the consumer by enabling on-the-spot resolution of disputed transactions.
In addition, by using a remote-hosted application service, retailers enjoy fast, reliable and secure transaction data storage and retrieval with no software or hardware to buy, and no expensive networks or backups to maintain.
Electronic transaction data is securely transmitted to and stored in the secure, 7x24 world-class MobiNetix data center, which employs state-of-the-art security and disaster-recovery techniques. Authorized personnel from retail, bank and hospitality businesses have secure access to the eReceipts service 24 hours a day, seven days a week, via any standard Web browser.
''MobiNetix Systems is constantly striving to provide companies a means to increase business efficiency. Internet technology has enabled us to offer new opportunities for retailers to realize significant cost-savings in a short period of time,'' said Aziz Valliani, president and CEO, MobiNetix Systems, Inc. ''We are the first to Web-enable the POS, and our solutions and services play a major role in building the Internet infrastructure, helping retailers easily evolve the Internet side of their business. Down the road, we expect to offer consumers similar services that will change the way people shop.''
Advanced Security
eReceipts employs multiple levels of advanced security to eliminate fraudulent usage. Transaction data and signatures are securely transmitted from the POS to the merchant's headquarters and then to the remote, safeguarded MobiNetix Systems data center. Supporting the industry standard Secure Socket Layer Version 3 (SSL-3) encryption and PPTP (Point-to-Point Tunneling Protocol) for protected data transmission, eReceipts also provides robust security through multi-level firewalls and authorized login access.
Streamlining Operations
eReceipts stores signatures in a remote, secure data center offsite from the corporate computing network without requiring long-term data storage or the integration of transaction information retrieval from the company's legacy system. This setup reduces integration and storage costs associated with legacy systems, frees up precious IS resources, and lays a firm foundation for future customer or bank access. Using easily modifiable HTML technology, eReceipts eliminates software maintenance costs typically associated with sustaining legacy client applications.
About MobiNetix Systems
MobiNetix Systems, Inc. (OTC BB:NETX) is a leading Internet transaction management company that Web-enables the POS (point-of-sale/service), and bridges the gap between the Internet and the physical, brick-and-mortar POS. MobiNetix platforms increase revenue through interactive advertising, surveys and promotions, lower costs through fraud reduction, and increase transaction volume through effective, targeted marketing.
Best known for its PenWare iPOS(TM) (interactive point-of-sale) terminals, MobiNetix Systems offers PenWare brand terminals with touch-screen payment, interactive communication, secure signature capture and data collection capabilities. The company also provides a suite of software solutions for iPOS electronic transaction management that are sold through a direct sales force, OEMs, systems integrators and VARs.
Additional information is available at www.mobinetix.com, by sending an email to info@mobinetix.com, or by calling 408/524-4200.
eReceipts, PenWare and iPOS are trademarks of MobiNetix Systems, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks or registered trademarks of their respective owners.
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Contact:
MobiNetix Systems, Inc.
Kathryn Scott, 408/524-4200
kscott@mobinetix.com
or
Walt & Company
Denise Apra, 408/496-0900
dapra@walt.com
MobiNetix Unveils the Retail Industry's First Web-enabled Transaction Computer
MobiNetix's iPOS Transaction Computer (iPOS TC(TM)) Brings the Best of Internet Technology and Multimedia Capabilities to the Point-of-Sale
SUNNYVALE, Calif.--(BUSINESS WIRE)--June 7, 1999-- MobiNetix Systems, Inc. (OTC BB:NETX), a leading provider of Internet-based electronic transaction management solutions, today announced the iPOS TC. The iPOS TC is the first Web-enabled, interactive point-of-sale transaction computer for the retail industry.
Providing a new window of communication to reach consumers and enhance the retail shopping experience, the iPOS TC is the first device of its kind to combine the functionality of a multi-payment terminal and signature capture capabilities, with a scrolling, color display and the power of Internet access. Featuring MobiNetix's ''Dual Channel'' technology, the iPOS TC enables simultaneous connectivity to the retail POS host and to a LAN/WAN, allowing retailers to display line items or capture payment information, while also displaying compelling Internet-based content. This unique functionality provides retailers with added flexibility, while requiring minimal changes to existing POS systems.
The iPOS TC platform, which features VGA-quality graphics, animation and sophisticated audio capabilities, offers direct-to-consumer communication at the point-of-sale by enabling a new class of targeted promotional and marketing opportunities. For the first time, merchants can display vibrant, compelling advertising and promotional content for immediate response during retail transactions. Merchants can also post questionnaires and customer satisfaction surveys directly on the device to receive comprehensive, real-time feedback. In addition, the iPOS TC is the first Java-enabled embedded system for the POS.
The iPOS TC offers a compelling ROI for merchants by streamlining operations, reducing costs and eliminating charge-backs due to lost or misplaced paper receipts.
Additional benefits include:
-- A migration path for developing customized loyalty programs
Targeted, fully customizable one-to-one consumer marketing programs and special promotional services
-- Advertising revenue generation capabilities
-- Kiosk-like implementations with HTML/browser capabilities
''Developing new and innovative ways to enhance merchant brand loyalty is a must to stay competitive in today's retail industry,'' stated Kathryn Scott, product marketing manager, MobiNetix Systems, Inc. ''By bringing the best of the Internet to the POS, the iPOS TC dramatically expands the possibilities for retailers to effectively communicate with their customers, while capturing the type of demographic information that enables one-to-one marketing, repeat buying incentives, as well as other new promotional programs. We expect that this type of functionality will have a profound impact on retailers' ability to differentiate themselves from the competition.''
iPOS TC Features
The iPOS TC features a patented, maintenance-free pressure-sensitive screen that enables touch-screen PIN number entry and electronic signature capture. It includes a three-track magnetic stripe reader for accepting debit and credit card payments, and provides an open-platform expandable design for easy migration to smart card technology, biometrics verification and other functionality. The iPOS TC features an HTML 3.2-compliant web browser, which makes developing custom retail applications easy with standard HTML development tools, JavaScript and Java applets.
With its split-window capability, the iPOS TC provides retailers the flexibility to simultaneously display multiple applications that may include a combination of surveys, transaction line items, electronic coupons and buying incentives-without delaying the transaction time.
The iPOS TC ships with the new iPOS Portal software to provide the device's graphical user-interface. The Java-based iPOS Portal software, which manages the information flow from POS cash register and Internet connection to the consumer at the POS, enables interactive customer communications throughout the retail transaction-e.g., survey participation, PIN pad entry, selection of preferred payment method, etc. The application is platform-independent, and is fully customizable to meet retailers' needs.
iPOS TC Technology
MobiNetix's ''Dual Channel'' technology enables simultaneous connectivity to the POS host (via RS232/RS485 or USB) and to a LAN/WAN (via a PCMCIA high-speed communications card). The unit also features an Intel StrongARM 190 MHz processor, a real-time operating system, and 8MB FLASH/16MBDRAM memory, which is upgradeable via a PCMCIA FLASH card.
Availability
The iPOS TC will be available by July 31, 1999, from authorized resellers and direct from MobiNetix Systems.
About MobiNetix Systems
MobiNetix Systems, Inc. (OTC BB:NETX) is a leading Internet transaction management company that Web-enables the POS (point-of-sale/service), and bridges the gap between the Internet and the physical, brick-and-mortar POS. MobiNetix platforms increase revenue through interactive advertising, surveys and promotions, lower costs through fraud reduction, and increase transaction volume through effective, targeted marketing.
Best known for its PenWare iPOS(TM) (interactive point-of-sale) terminals, MobiNetix Systems offers PenWare brand terminals with touch-screen payment, interactive communication, secure signature capture and data collection capabilities. The company also provides a suite of software solutions for iPOS electronic transaction management that are sold through a direct sales force, OEMs, systems integrators and VARs.
Additional information is available at www.mobinetix.com, by sending an email to info@mobinetix.com, or by calling 408/524-4200.
PenWare, iPOS and iPOS TC are trademarks of MobiNetix Systems, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks or registered trademarks of their respective owners.
--------------------------------------------------------------------------------
Contact:
MobiNetix Systems, Inc.
Kathryn Scott, 408/524-4200
kscott@mobinetix.com
or
Walt & Company
Denise Apra, 408/496-0900
dapra@walt.com |
