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

To: hsg who wrote (3618)	8/2/2000 9:13:12 AM
From: Toni Wheeler	Read Replies (3) \| Respond to of 3721

This puppy is tucked away and nearly forgotten....yeah, I'm still invested, hsg, and wishing I weren't. Geeeez, remember when we all had such high hopes?!? Speakin' of hopes....what's this I hear about a RUMOR of a buy-out??? Is there a savior out there? Where did this rumor come from? At least some info is getting to us that is encouraging....although only one of my news sites picked up this PRN news release....Hey, it's a sales outlet and sales [hopefully] mean revenues!! GO CMIV!!!! IVI Checkmate announces reseller agreement with retail store systems 08/01 04:15 -- IBM Business Partner To Resell IVI Checkmate Terminals and Transaction Management Software -- <<<ATLANTA, GA/TORONTO, Aug. 1 /CNW-PRN/ - IVI Checkmate Corp. (NASDAQ: CMIV); (TSE: IVC/IVI) today announced it has reached a reseller agreement with Retail Store System, Inc. of Fountain Valley, CA. Per terms of the agreement, Retail Store System (RSS) will resell IVI Checkmate's consumer payment terminals, check readers and transaction management software to general merchandise retailers. RSS is one of the IBM largest retail resellers. The agreement positions IVI Checkmate to partner with RSS' direct sales force to sell IVI Checkmate's eN-Touch 1000™ touch screen and signature capture terminal, eN-Crypt 2100™ payment terminal, eN-Check 2500™ check reader and the eN-Concert™ Solution suite of payment and value-added services applications to mid-sized retailers. Michael Hess, Vice President of Marketing and Sales for RSS, stated, "The partnership with IVI Checkmate positions RSS with the leading provider of integrated payment solutions to retailers. RSS will rely on IVI Checkmate's industry leadership and experience to provide payment and value-added customer services for RSS store solution offerings." Jim Troy, Vice President of IVI Checkmate's VAR channel program, stated, "RSS is an important player in the retail marketplace. Their customer base and sales organization opens a tremendous market to IVI Checkmate hardware, software and services." About Retail Store Systems Retail Store Systems Inc. (RSS) is an IBM Premier International Business Partner with a large installed customer base in North America, Latin America, Asia and Europe. Retail Store Systems provides a complete retail solution from host to point of sale, focusing on open systems solutions. Retail Store Systems expertise is bringing state of the art technology to the general retail, specialty & supermarket segments by utilizing partnerships with IBM, Lotus, JDA, Microsoft, Symbol, Monarch, IVI Checkmate and other ``best of breed'' solutions. For more information on Retail Store Systems, please visit its web site at www.rss.com. About IVI Checkmate 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, hospitality, 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, please visit its web site at www.ivicheckmate.com. 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.>>> My best to All, T.