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Technology Stocks : NAP: National Processing, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (40)	9/26/2002 8:57:46 AM
From: JakeStraw	Read Replies (1) \| Respond to of 72

National Processing Company Announces New Merchant Processing Agreement with Wild Oats Markets, Inc. Thursday September 26, 8:45 am ET biz.yahoo.com LOUISVILLE, Ky., Sept. 26 /PRNewswire-FirstCall/ -- National Processing Company (NPC®), a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP), announced the signing of a multi-year agreement with Wild Oats Markets, Inc. (Nasdaq: OATS) to provide processing of credit, debit and EBT transactions. Under the terms of the agreement, NPC will provide authorization and settlement services for all VISA® and MasterCard® transactions, as well as act as the single point of settlement for debit cards accepted at the company's stores across the United States. Headquartered in Boulder, Colo., Wild Oats Markets, Inc. is a leading national natural and organic foods retailer that was founded in 1987 with the vision of enhancing the lives of customers with products and education that support health and well-being. The company is committed to providing the highest quality, organic and natural health and wellness products in vibrant stores staffed with friendly and knowledgeable people. The company's stores offer a one-stop shop with a product selection process designed to ensure items meet a rigorous criteria for being "natural," which excludes artificial colors, flavors and additives, and that includes consideration to the supplier's commitment to social and environmental responsibility. "We are excited about the enhancements that our technology will deliver to Wild Oats Markets," said Tim Munto, senior vice president of Retail Sales for NPC. "Wild Oats' commitment and dedication to enhancing the way consumers shop for natural and organic foods has revolutionized the natural products industry. We look forward to working with Wild Oats as their merchant processor and playing an important role in fulfilling their vision and dedication to customer satisfaction." "As part of our strategic initiatives to enhance our operations, we are identifying opportunities to improve our delivery systems without sacrificing the quality of the service we provide to our customers," said Ed Dunlap, chief financial officer at Wild Oats. "We listen to our customers and implement new products and programs that benefit their overall experience in our stores. We chose NPC because they listened to our needs and provided us innovative merchant processing solutions to manage our electronic payments platform."