Long Distance Phone Cards

 September 
MoTuWeThFrSaSu
    123
45678910
11121314151617
18192021222324
252627282930 
       
[ all archive ]

Search in digest

 Most interesting:


   [ by keywords ] [ stats ]

Keyword: check$mart


entries 1-1 from 1 total

Q Comm International Expands Merchant Network with Check$mart

   1153 days 10 hours ago (05.10.2005 15:35)

OREM, Utah (BUSINESS WIRE) Oct. 5, 2005 Q Comm International, Inc. (Amex: QMM; QMM.WS), a provider of prepaid transaction processing and electronic point-of-sale (POS) distribution solutions, today announced a contract with Check$mart to install the Q Xpress 200™ POS terminal at over 170 locations nationwide. Check$mart, based in Dublin, Ohio, operates 172 payday loan and check cashing stores throughout Ohio, Indiana, Kentucky, Virginia, Florida, Utah and Arizona. Q Comm expects to complete the store roll out in the fourth quarter of 2005.

Under the terms of the contact, Check$mart will be able to provide Q Comm’s suite of leading prepaid products to check cashing and payday loan customers, enhancing recurring customer traffic and adding value at the point of sale. Selling prepaid services on demand via the Q Xpress 200™ terminal allows Check$mart to avoid problems associated with traditional prepaid cards, such as theft, inventory costs and stock outages. Check$mart can also benefit from Q Comm’s online sales reporting tools, which provide employee-level sales reporting.

Michael Keough, President and Chief Executive Officer of Q Comm International, said «Today’s announcement reflects our concerted effort to expand Q Comm’s presence at leading retailers like Check$mart. We are particularly excited about partnering with an alternative financial products retailer, since our respective target audiences are the same.»

Kyle Hanson, Director of Store Operations of Check$mart, states «We are excited to partner with Q Comm because their prepaid products add value for our customers. Additionally, Q Comm’s technology allows us to provide customized prepaid products with no hassle or upfront inventory costs.»

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. Q Comm offers proprietary prepaid transaction processing platforms, support of various point-of-sale (POS) terminals, product management, merchandising, customer support and engineering. Q Comm systems replace traditional hard cards (also known as scratch cards or vouchers) that are costly to distribute, and provide more comprehensive reporting and inventory management among other benefits. 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, prepaid phone cards, prepaid dial tone and prepaid debit cards. Visit www.qcomm.com for more information.

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. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. 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, 2003, may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

Contacts

Q Comm International, Inc.
Investor Relations:
+1 (801) 226–4222 x6090



Keyword: check$mart


entries 1-1 from 1 total