Lipman Electronic Engineerin (MM) (NASDAQ:LPMA)
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Global Payments Launches New Retail and Restaurant Applications
ATLANTA, Aug. 12 /PRNewswire-FirstCall/ -- Global Payments Inc. (NYSE:GPN), a
worldwide provider of electronic transaction processing solutions, today
announced the introduction of new wireless and dial-up products for U.S. retail
and restaurant industries.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO )
Retail @dvantage(R) NURIT Wireless and Retail @dvantage(R) NURIT Dial products
provide processing for credit, debit and electronic benefits transfer (EBT)
cards. The new Dial product also provides optional electronic check, as well
as gift and loyalty card processing. These applications are designed to ensure
fast processing of multiple payment options, and help to minimize merchant
processing costs by meeting card association compliance requirements, and
operate on the Lipman NURIT family of terminals.
The Restaurant @dvantage NURIT Dial is a complete payment processing tool
targeting a variety of restaurants, taverns and bars. Restaurant @dvantage
NURIT Wireless offers processing capabilities ideal for mobile and temporary
locations such as outdoor concessions, stadiums, kiosks, delivery services and
pay-at-the table establishments.
"We are very pleased that Global supports Lipman's current line of POS
terminals and PINpads. We truly value our growing relationship with Global
Payments," said Mony Zenou, president and CEO of Lipman USA Inc. "Global is an
industry leader and we are always excited to work with them," he added.
"We are delighted with our strong relationship with Lipman and are pleased to
offer Class A certification and support on its new line of terminals and
PINpads, as well as on the entire line of Lipman products. The Lipman 8000
series terminals have the robust features required to support the many
applications of our ISOs, financial institutions and direct customers," said
Jeffery C. McWey, executive vice president, Global Payments.
Lipman (NASDAQ:LPMA)(TASE:LPMA) is a leading worldwide provider of electronic
payment systems. Lipman develops, manufactures and markets a variety of
handheld, wireless and landline POS terminals, electronic cash registers,
retail ATM units, PINpads and smart card readers, all under the NURIT(R) brand
name. In addition, Lipman develops technologically advanced software platforms
that offer comprehensive and customized transaction processing solutions for
its customers. For additional information, please visit
http://www.lipmanusa.com/ or contact Randall R. Wheeler, Executive Vice
President, Sales and Marketing, Lipman USA, Inc. (800) 454-7626.
Global Payments Inc. (NYSE:GPN) is a leading provider of electronic transaction
processing services for consumers, merchants, Independent Sales Organizations
(ISOs), financial institutions, government agencies and multi- national
corporations located throughout the United States, Canada, Latin America and
Europe. Global Payments offers a comprehensive line of processing solutions for
credit and debit cards, business-to-business purchasing cards, gift cards,
check guarantee, check verification and recovery, as well as terminal
management and money transfer services. For additional information about the
company and its services, visit http://www.globalpaymentsinc.com/ .
This announcement may contain forward-looking statements pursuant to the
"safe-harbor" provisions of the Private Securities Litigation Reform Act of
1995. These forward looking statements involve risks and uncertainties such as
product demand, market and customer acceptance, the effect of economic
conditions, competition, pricing, development difficulties, foreign currency
risks, costs of capital, continued certification by credit card associations,
the ability to consummate and integrate acquisitions, and other risks detailed
in the Company's SEC filings, including the most recently filed Form 10-Q or
Form 10-K, as applicable. The Company undertakes no obligation to revise any of
these statements to reflect future circumstances or the occurrence of
unanticipated events.
Contact: Phyllis McNeill
770 829-8245
http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO
http://photoarchive.ap.org/
DATASOURCE: Global Payments Inc.
CONTACT: Phyllis McNeill of Global Payments Inc., +1-770-829-8245, or
Web site: http://www.globalpaymentsinc.com/