The First World Class Integrated Platform to Include Cashless Transactions, Point-of-Sale, Inventory and Purchasing
CLEVELAND - August 20, 2009 - Agilysys, Inc. (Nasdaq: AGYS), a leading provider of innovative IT solutions including specifically-designed hospitality software, has announced a strategic partnership with payment solution, a leader in providing payment systems for sports and entertainment venues that use multi-functional debit cards and contactless RFID chip technology.
"We are delighted to partner with this leader in cashless systems to provide even more to our customers," said Tina Stehle, senior vice president and general manager of Agilysys Hospitality Solutions Group. "Improving sales transactions is one side of the coin but, unfortunately, a great many venues still don't have an integrated approach between the point-of-sale (POS) and their inventory and procurement - which limits the benefits delivered by improved transactions. However, compared to other providers, our solutions already tightly integrate POS with the back office - through Eatec Solutions by Agilysys for inventory and procurement and InfoGenesis POS!" by Agilysys. This means the right products are always in the right place at the right time and, working with payment solution, we can take this integration and control even further, using the same platform right up to the cashless transaction."
Stehle added, "In a difficult economy Agilysys wants to consistently provide venues with even more business advantage - through new opportunities for higher sales, improved operations and greater customer satisfaction."
The integrated approach gives guests and fans improved service and greater convenience - for example, customers can also use their access control card as a pre-paid e-purse - while venues can achieve even more in terms of cost control, business optimisation and protecting margins with opportunities for faster transactions, higher customer throughput, shorter queuing times, the eradication of cash shrinkage and theft and improved hygiene by removing physical cash. Importantly for venue management, real-time reporting delivers complete visibility from transactions through to stock, inventory and procurement.
"We are very pleased to be working together with Agilysys and excited about the joint opportunities open to us," said Heinz-Peter Strömsdörfer, COO for payment solution. "We already appreciated the many benefits Agilysys brings to venues and believe there is a perfect fit with our own justpay approach. Venues using our systems typically see higher revenue and profits through increased convenience for guests, faster transactions and enhanced marketing."
Germany-based payment solution corp. provides integrated solutions for stadiums, arenas, theme parks and other venues using multi-functional customer cards based on RFID contactless chip technology and comprehensive management software. European venues already using this technology include RheinEnergieStadion, in Cologne, Commerzbank Arena in Frankfurt, Nuerburgring, Munich Airport, AFG Arena in Switzerland, Donbass Arena, Ukraine, Kaiserslautern and Ricoh Arena in Coventry, UK. Agilysys and payment solution have previously collaborated as major sponsors of the Events Venue Management Institute (EVMI), the global provider of training and professional development courses for events and venue managers.
About Agilysys (Europe) Ltd.
Agilysys is a leading provider of innovative IT solutions to the retail and hospitality sector. The company offers proven software, services, hardware and consultation for hotels, casinos, destination resorts, condominiums, cruise lines, stadiums and arenas, and conference centers to streamline operations and enhance guest satisfaction while maximising profitability. Agilysys' hospitality solutions provide unparalleled reliability, functionality, efficiency and control over multiple aspects of operations - from reservations, check-in, point-of-sale and business intelligence, to inventory and procurement management to document management. Agilysys' U.S. corporate headquarters are in Cleveland. We operate extensively throughout EMEA, with a main office in Cheshire, UK and additional sales and support offices through partners across Europe, South Africa & Dubai. For more information, visit www.agilysys.com/hospitality.
Maureen Morreale, Agilysys, Inc., 440-519-8161, email@example.com
Heidi West, Agilysys (Europe) Ltd, +44 (0)1925 410310, firstname.lastname@example.org