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SUCCESS CONCEPTS TO SWITCH TO Q COMMS QXPRESS 200 POSA TERMINALS AND PLATFORM. Company to private label and market Qxpress 200 as Wild Bull POS -- Powered by Q Comm"
Q Comm International, Inc. (OTC BB: QCMM), a provider of prepaid transaction processing and electronic point-of-sale (POS) distribution solutions, today announced that Success Concepts Enterprises, Inc., a marketer of electronic POS system solutions, has entered into an agreement to purchase Qxpress 200 point-of-sale activation (POSA) terminals and transaction processing services from Q Comm. Under the agreement, Q Comm will deliver 1,000 new terminals by August 30, 2003. The first two hundred terminals are due to ship by the end of June 2003.
(PRWEB) June 13, 2003 -- Q Comm International, Inc. (OTC BB: QCMM), a provider of prepaid transaction processing and electronic point-of-sale (POS) distribution solutions, today announced that Success Concepts Enterprises, Inc., a marketer of electronic POS system solutions, has entered into an agreement to purchase Qxpress 200 point-of-sale activation (POSA) terminals and transaction processing services from Q Comm. Under the agreement, Q Comm will deliver 1,000 new terminals by August 30, 2003. The first two hundred terminals are due to ship by the end of June 2003.
Success Concepts uses POSA terminals to electronically distribute and sell a variety of prepaid products and financial services through 3,000 retail locations throughout the United States. Under the agreement, Success Concepts will private-label Q Comms Qxpress 200 terminal as Wild Bull POS -- Powered by Q Comm". Success Concepts will use the Qxpress 200 terminals to sell its own suite of prepaid products and financial services as well as those offered by Q Comm. Success will pay Q Comm a percentage of gross revenues on all sales that are processed through the terminals.
There are several reasons we are switching to Q Comms Qxpress," said David Tarr, chief executive officer of Success Concepts Enterprises. First, it has greater capabilities than anything else in the marketplace. The Qxpress 200 is the only POS terminal that was designed mainly to deliver prepaid products and has the capability to also handle various financial services. Second, Im impressed with Q Comm, their experience in the industry and all theyve accomplished. Third, the Qxpress terminal is different. Its visually distinct and appealing and gives us an advantage in building brand awareness. And fourth, Q Comm allows us to focus on what we are good at -- sales and marketing. Q Comms turnkey services allow us to outsource all of our transaction processing to them."
We are excited to be working with David Tarr and Success Concepts," said Stephen C. Flaherty, president of Q Comm International. David is considered to be one of the POSA industrys founders. To have him choose our system is a powerful endorsement and validation of the quality of our transaction-processing center, point-of-sale terminals and management services. We are proud to have been chosen by Success Concepts, one of the most formidable sales and marketing organizations in the industry."
ABOUT SUCCESS CONCEPTS:
Success Concepts Enterprises, Inc. is a point-of-sale system marketer and reseller of prepaid products and financial services, including prepaid phone cards, prepaid cellular, prepaid ATM/Debit Cards, prepaid MasterCard, electronic money transfer services, prepaid home phone, prepaid Internet, ATM/Debit card loyalty programs, prepaid dish network (satellite TV service), and payroll direct deposit services. The company relies on point-of-sale activation (POSA) systems to electronically distribute its products and services. Success Concepts is headquartered in Pompano Beach, Florida and maintains satellite offices in Dallas, Texas and Los Angeles, California. It has been in business for four years and has a staff of 75 people including about 35 salespeople who service about 3,000 retail locations throughout the United States.
ABOUT Q COMM INTERNATIONAL:
Established in 1992, Q Comm International, Inc. provides proprietary prepaid transaction processing and information management systems that facilitate electronic recharge or distribution of prepaid products from service providers or their distributors to retail points of sale. In concert with its proprietary data center platform, Q Comms point-of-sale terminal, Qxpress 200, is 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. For more information visit Q Comm's Web site at http://www.qcomm.com/index.php?page=products&expanded1=false&subpage=Qxpress_200.html">www.qcomm.com.
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This press release contains forward-looking statements involving risks and uncertainties that may cause actual results to differ materially from those indicated due to a number of factors, including shortages of raw materials, the companys financial condition and cash flow and general economic conditions. The companys plans and objectives are based on assumptions involving judgments with respect to future economic, competitive, regulatory and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the companys control. Therefore, there can be no assurance that the forward-looking statements will prove to be accurate. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
Contacts:
Jeff Salzwedel
Salzwedel Financial Communications
+1 (503) 638-7777
Paul Hickey
Q Comm International, Inc.
+1 (801) 226-4222, ext. 3301
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