Locus Telecommunications Certifies
Ingenico Elite 710 Terminal
Las Vegas, NV, March 15, 2005 - Ingenico,
the world’s leading provider of electronic payment terminals,
announced today at the Electronic Transactions Association
Annual Meeting that Locus Telecommunications of Englewood
Cliffs, NJ, has certified theIngenico Elite 710 “multi-app
ready” terminal for LOPEDS, Locus Telecommunications’
POS distribution system. “Ingenico’s
Elite 710 enables our prepaid distributors to place an exceptional
and cost-effective point-of-sale activation system at any
point of purchase,” stated Eric Moon, division head of POS
distribution for Locus Telecommunications. “We are very impressed
with Ingenico’s UNICAPT multi-application architecture and
development environment, which enabled Locus to bring a fully
featured application to market within 60 days. We appreciate
why Ingenico is the world’s leader in EFT POS terminals.”John
V. Priore, EVP and general manager of Ingenico’s Financial
Systems group, stated, “Locus Telecommunications is a tremendous
addition to our value-added suite of services. We are grateful
to Locus Telecommunications for their support and consider
them to be valued partner.” Priore added, “Our partnership
with Locus is a tribute to our company focus on the prepaid
industry and the hard work of our prepaid business development
team, both of which has set Ingenico apart from our competitors.”
About Locus Telecommunications
Headquartered in Englewood
Cliffs, NJ, Locus Telecommunications is an established,
leading provider of long distance, wireless, point-of-sale
and carrier services. Locus delivers reliable access
to advanced, affordable telecommunications products
and services that meet customers’ needs at home and
around the globe. Currently, Locus prepaid wireless
and calling card products reach consumers through more
than 50,000 locations nationwide. Locus serves more
than 225,000 wireless customers and generate over 300
million network minutes per month.LOPEDS is the POS distribution
solution provided by Locus Telecommunications. LOPEDS
was developed to not only provide the general benefits
of POS, but to also serve the unmet needs of distributors
and dealers. In doing so LOPEDS has created a multi-level
distribution hierarchy that encompasses the full distribution
chain—distributors, agents and retailers—and incorporated
industry leading payment options as well as PIN dispensing
flexibility. For more information, visit www.LocusTelecom.com or www.Lopeds.com.
About Ingenico
With a 24% market share, INGENICO is
the world's largest provider of secure payment and
transaction systems used by banking, retail, petroleum,
transportation, healthcare and governments to ensure
the secure acceptance and flow of electronic commerce.
The Company's 1300 employees as well as network of
subsidiaries, partners and distributors make it simple,
fast and safe to purchase goods and services anywhere
in the world.
Annually INGENICO
dedicates more than 8% of its revenue to research and
development of new payment systems providing ever increasing
performance and security. These payment systems, based
on the UNICAPTTM 32 architecture and EMV smart card
standards, leverage technologies such as biometry,
touchscreen technology, GPRS communications and Bluetooth™
to deliver cost effective performance. INGENICO's continual
technological and commercial development of applications
for purchasing card systems, e-procedures, prepaid
systems and electronic transaction management provide
solutions for markets that demand optimal security
(Visa PED) and efficiency. Ingenico is also engaged
in a large number of emerging markets such as electronic
identity control, health cards, logistic traceability
and many others. For more information about Ingenico,
visit their web site at www.ingenico-us.com.
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