Pike Capital Management LLC Enters Into Non-Disclosure Agreement with Q Comm
International
"
H.trade labels
Visit www.Three Retailers Go Live on GERS Store Operations + POS Solution;
Furniture Warehouse H.D. Buttercup and Seasonal Concepts Install New Point-of-Service Soluti
For more
information, please visit www.pedestrian merchandising
pedestrian trade
WS), a provider of prepaid transaction processing
and electronic
point-of-sale (POS) distribution solutions, today
announced that it has entered into a Non-Disclosure
Agreement ("NDA")
with Pike Capital Management, LLC, due to its significant investment
in Q Comm
International.
Worth area. Buttercup,
and Seasonal Concepts on this important initiative.
GERS
solutions manage the merchandising life cycle, multi-channel
selling, planning, business intelligence
, and supply chain
synchronization to create a great customer experience.com
counters shelf
Pike Capital
Management, LLC is the general partner of Pike
Capital Partners, LP, a private investment partnership
, which owns
approximately 28% of Q Comm International's shares outstanding.
"They took the time
to learn our business challenges and system
requirements which made us feel comfortable to invest
in the
partnership.D.gers.size pedestrian
Their
deep knowledge in retail and the GERS solutions enabled us to
have a
quick and successful go-live.eguma asset
The economic, competitive,
governmental, technological and
other factors identified in the
Company's filings with the Securities and Exchange Commission,
including
the Form 10-K for the year ended December 31, 2004, may
cause actual results or events to differ
materially from those
described in the forward looking statements in this press release. Furniture
Warehouse operates six stores in the Dallas-Ft. Buttercup operates an outlet for home furnishings
manufacturers
in Culver City, Calif.rfid trade
medium recording
crosscom shelf
qcomm.pvt rfid
cash merchant
Q Comm's solutions are currently used by wireless
carriers or mobile
operators, telecom distributors, and various
retailers to sell a wide range of prepaid products and
services
including prepaid wireless or prepaid mobile, prepaid phone cards,
prepaid dial tone
and prepaid bank cards, such as prepaid MasterCard. Such statements involve risks and
uncertainties
that may cause actual results to differ materially from
those set forth in these statements.
Furniture
Warehouse, a Texas home furnishings retailer with same-
or next-day delivery, has replaced their
manual system with GERS Store
Operations + POS, giving their employees a point-of-service solution
that's easy to learn and use. Supporting all store-level
activities, the solution enables timely
sales and inventory decisions
for faster turns, higher margins, and improved GMROI.pedestrian size
merchant asset
Pike Capital
Management, LLC does not have a
representative on the Company's board of directors.monitoring pedestrian
Buttercup, and
Seasonal Concepts - have
implemented GERS' Store Operations + POS solution to speed customer
transactions
.pos weblog
This agreement will allow Pike Capital
Management, LLC to have access to non-public material information
about the Company.eguma crosscom
"We selected GERS because of their people, solutions, and
partnership
mindset," said Robert Garrett, COO of Furniture Warehouse. GERS Store Operations +
POS is making
it easier for them to manage their inventories.asset counters
Q Comm systems replace traditional hard cards (also
known
as scratch cards or voucher) that are costly to distribute, and
provide more comprehensive
reporting and inventory management among
other benefits.com
Statements made in this press
release are forward-looking and are
made pursuant to the safe harbor provisions of the Securities
Litigation Reform Act of 1995. They
have also implemented GERS Radio Frequency Warehousing for
improved
inventory control.
GERS Store Operations + POS solutions deliver the full spectrum of
store management options - from real-time, point-of-service solutions
that process complex sales
orders and connect customers, orders, and
inventory to powerful POS transaction management applications
designed
to facilitate efficient, accurate checkout. Bloom, President and CEO of GERS Retail Systems
. By facilitating the real-time flow of
transactions and information across the entire retail organization
,
our solutions enable retailers to consistently anticipate, understand,
and fulfill their customers
' expectations for products that are
priced, located, and timed to provide the optimal shopping experience
.merchandising cash
Q Comm offers proprietary prepaid transaction
processing platforms, support of various point-of
-sale (POS)
terminals, product management, merchandising, customer support and
engineering. GERS
' POS solution provides immediate
inventory lookup and reservation with faster checkout for their
customers.size cash
Business Editors/Technology Writers/Retail Writers
SAN DIEGO----GERS Retail
Systems, a
leading provider of enterprise software solutions for consumer-centric
retailing, today
announced that three of their new retail customers -
Furniture Warehouse, H.
All three retailers
now have the ability to manage delayed
delivery and customer pickups as well as cash-and-carry items
with
fully integrated merchandising and inventory management.
"Retailers that implement solutions
like GERS Store Operations +
POS, see an immediate increase in customer satisfaction, higher
productivity
from their employees, and more repeat customers," said
Stewart M.tracking weblog
The
Company undertakes no obligation
to publicly update or revise any
forward-looking statements, whether because of new information,
future
events, or otherwise. The easy-to-use solution is significantly reducing the
retailers
' training time and costs, leveraging built-in workflow
capability while enhancing add-on related
sales. The GERS' services team was great to work with.retailers size
(Amex: QMM; QMM.D. They have implemented GERS
Store
Operations + POS to help them more easily manage multiple vendor
inventories.D."
About
GERS Retail Systems
GERS Retail Systems is a leading supplier of software solutions
for consumer
-centric retailing.incorporating monitoring
ABOUT Q COMM INTERNATIONAL:
Q Comm International is a prepaid transaction
processor that
electronically distributes prepaid products from service providers to
the point
of sale.
Seasonal Concepts operates 20 stores in the Midwest specializing
in patio furniture and
Christmas accessories.pvt counters
trade pvt
Business Editors
OREM, Utah----Q Comm International,
Inc. "We
are
delighted to be partnering with Furniture Warehouse, H.retail shelf
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