Radiant Systems Announces Launch of New Touch Screen Point-of-Sale Terminal for Stadiums and Arenas

Wed May 25, 2011 11:30am EDT

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Radiant Systems Announces Launch of New Touch Screen Point-of-Sale Terminal for Stadiums and Arenas

Fast, reliable, feature-rich Quest Diversus™ brings state-of-the-art technology to concessions sales

Radiant Systems, Inc. (Nasdaq: RADS) today announced the launch of Quest Diversus™, a new concession point-of-sale (POS) terminal for stadiums and arenas. Debuting at Philips Arena, Diversus is the first hybrid POS in the industry and provides the ultimate flexibility in functionality and ease of use through a configurable touch screen and membrane keypad. Diversus joins the Quest Venue Manager product suite, which currently supports food, beverage and merchandise sales in venues around the world.

“We are proud to deliver the only commercially-viable POS with a touch screen that supports stadium and arena concessions sales inside or outdoors,” said Scott Kingsfield, president of the retail, sports and entertainment division at Radiant Systems. “Our goal is to deliver innovative and reliable solutions to our clients that allow them to focus on what is truly important – providing excellent service in a fast and efficient manner. The combination of touch screen functionality and a membrane keypad in Diversus helps our clients deliver a fast and seamless customer interaction.”

Additional functionality including an encrypted magnetic stripe reader, rapid credit card processing, and an integrated scanner and RFID reader can drive improvements in speed of service, which is critical to event-based operations. To avoid service interruptions, Diversus also comes equipped with a two-hour backup battery. Furthermore, the terminal serves as an extension of the point of sale, equipping managers with reports and other data on the touch screen so they can make immediate service decisions during the course of an event. Diversus will be widely-available in late 2011, and Radiant Systems expects to launch DiversusAir, a portable wireless touch screen terminal, early next year.

“Speed, flexibility and fan-friendliness are critical elements of our food and beverage service,” said Bob Williams, president of the Atlanta Hawks and Philips Arena. “The touch screen capability that Diversus adds to our Quest POS system allows us to deliver this high level of service to our fans while they focus on enjoying our games and events.”

About Radiant Systems, Inc.

Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology and services to the hospitality and retail industries. With more than 100,000 installations worldwide, our customers include leading brands and venues in the restaurant and food service, sports and entertainment, petroleum and convenience, and specialty retail markets. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems:

About Philips Arena

Named for founding partner Philips, Philips Arena is consistently ranked among the top 10 concert and event venues in the world. In April 2009, Philips Arena became the first NBA and NHL arena to achieve LEED certification for an existing building as specified by the United States Green Building Council (USGBC). The operating rights to Philips Arena are owned by Atlanta Spirit, LLC which also owns the Atlanta Hawks and Atlanta Thrashers. Philips Arena is online at www.PhilipsArena.com.

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the Company’s reliance on a small number of clients for a large portion of its revenues, fluctuations in its quarterly results, its ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

Radiant Systems, Inc.
Mary Catherine Brutz, 770-576-6753
Philips Arena
Alison Sawyer, 404-878-3847