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Technology Stocks : IVI Checkmate (CMIV) -- Ignore unavailable to you. Want to Upgrade?

To: Hippieslayer who wrote (2824)	10/13/1999 12:00:00 PM
From: Toni Wheeler	Read Replies (1) \| Respond to of 3721

Nice milestone of ONE of CMIV's products in this NR ... keep those announcements coming!!! ...: *IVI Checkmate Announces Installation of 10,000th* eN-Concert Store Software Application ATLANTA/TORONTO--(BUSINESS WIRE)--Oct. 13, 1999-- Company's payment application platform fast becoming industry standard IVI Checkmate Corp. (NASDAQ:CMIV); (TSE:IVC/IVI) today announced the 10,000th store installation of its eN-Concert Store(TM) software solution, making it the most widely installed EPS software application among multi-lane retailers. The milestone represents installation of over 115,000 checkout lanes with the popular store-level electronic payment solution (EPS) software. eN-Concert Store is one of the EPS components of IVI Checkmate's eN-to-eN Transaction Solutions(TM). "This is a significant achievement for IVI Checkmate and represents strong progress in the execution of our eN-to-eN Transaction Solutions strategy," stated Greg Lewis, President and CEO of IVI Checkmate's U.S. operations. "Leading retailers such as Eckerd, Kmart, Safeway, Food Lion and Winn Dixie rely on our eN-Concert Store software to provide robust and secure store-level payment management."** IVI Checkmate's eN-Concert Store is a suite of applications that provide store-level payment transaction and message management. As both an EPS system and a generalized message manager, eN-Concert Store efficiently and reliably handles a wide array of transaction types including debit, credit, check, automated clearing house and electronic benefits. Its innovative message management capability delivers value-added services including: frequency / loyalty programs, electronic gift certificates, and telephone card activation to customers at the point-of-influence, to drive incremental sales and build shopper loyalty. IVI Checkmate's eN-to-eN Transaction Solutions consist of a comprehensive suite of hardware, software, and services that manage payment transactions throughout the retailer's enterprise, from the point of purchase to settlement. eN-to-eN Transaction Solutions enable retailers to meet business challenges faster and at a lower cost by allowing them to increase profits while taking control of the payment process. IVI Checkmate is the third largest electronic transaction solutions provider in North America. The Company designs, develops, and markets innovative payment and value-added solutions that optimize transaction management at the point-of-service in the retail, financial, travel & entertainment, healthcare, and transportation industries. IVI Checkmate's software, hardware, and professional services minimize transaction costs, reduce operational complexity, and improve profitability for its customers in the U.S., Canada and Latin America. For more information on IVI Checkmate, visit its web site at ivicheckmate.com. NOTE TO EDITORS: This press release contains forward-looking statements subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Management cautions that these statements represent projections and estimates of future performance and involve certain risks and uncertainties. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors including, without limitation, rapid and significant technological developments that could delay the introduction of improvements in existing products or of new products; the Company's dependence on its limited suppliers and manufacturers of component parts of its products; the Company's dependence on its proprietary technologies (which may be independently developed by competitors); the Company's dependence on a small number of large retail customers; the potential fluctuation in financial results as a result of the Company's inability to make sales to large customers as well as the volume and timing of bookings received during a quarter and variations in sales mix; competition from existing companies as well as new market entrants; the Company's dependence on key personnel; and other factors that are contained in documents that the Company files with the U.S. Securities and Exchange Commission. CONTACT: IVI Checkmate Corp. L. Barry Thomson, 770/594-6000 416/245-6700 or John J. Neubert, 770/594-6000 KEYWORD: GEORGIA BW1405 OCT 13,1999 7:51 PACIFIC 10:51 EASTERN