Tag Archives: KIS

How Self-Service Solutions Drive QSR Through Improved Customer Experience

QSR Customer Experience – Customer Study Survey

Excellent study from KIOSK Information Systems and Hathway on self-order kiosk CX and business impact

  • 75% of under 30s have used self-order kiosks
  • 60% of under 45s prefer kiosks over cashier ordering
  • 75% that order online also order in-store
  • And drum roll… – Customer that create their own order 30% more – >60% leave when more than 7 customer are inline

QSR consumers have heightened digital expectations and restaurant operators struggle to keep pace. Consumers are increasingly savvy and expect a highly personalized experience, one that is consistent across channels. Each time a consumer is exposed to an improved digital experience (i.e., Amazon, Google), their expectations are reset to a new higher level. How can restaurant operators gain a QSR advantage in this digital transformation?

To better understand this growing trend, KIOSK Information Systems and Hathway developed an industry survey and white paper. Results from this survey provide insights into QSR purchasing behaviors and customer preferences that pinpoint which factors can actually improve the customer experience and help drive significant gains.

Download the full case study


Bitstop and KIOSK Information Systems Announce Bitcoin ATM Partnership at NRF Big Show 2019

LOUISVILLE, Colo.–(BUSINESS WIRE)–Bitcoin ATM pioneer Bitstop has partnered with KIOSK Information Systems (KIOSK), the largest custom self-service solution provider in North America, to create an innovative Bitcoin ATM platform enabling customers to easily buy and sell digital currency on the spot. KIOSK will be featuring the newest Bitstop ATM model at the 2019 NRF Big Show in booth #3755.

“We’re excited to partner with Bitstop on this Bitcoin ATM solution. They have a great reputation in the Bitcoin space and are one of the premier operators in the Crypto ATM industry.”

Bitstop’s innovative software platform paired with KIOSK’s industry-leading hardware sets a new standard in the Bitcoin ATM Industry, an industry that has grown from nothing five years ago to over 4,000 Bitcoin ATMs in 2018 (coinatmradar.com). Growth projections for this new niche ATM category are expected to exceed 10,000 installations world-wide in the next two years alone.

Retailers in the US and Internationally are taking notice because these ATMs are a great way to monetize existing floorspace while driving in-store foot traffic. Bitcoin ATMs are popping up in mainstream retail storefronts such as supermarkets, malls, convenience stores, gas stations, as well as hotels & airports.

Bitcoin is a digital currency which has seen hyper growth in recent years due to a surge in demand for the scarce digital asset by retail customers who want to invest. It’s still early days and access to Bitcoin can be complicated or confusing. Bitcoin ATMs solve this problem by making the process simple. In four easy steps, you can buy Bitcoin instantly. Customers don’t have to wait days for their Bitcoin or deal with complicated exchanges that provide little or no education.

On the solution partnership announcement, Bill Butler, KIOSK CEO, said, “We’re excited to partner with Bitstop on this Bitcoin ATM solution. They have a great reputation in the Bitcoin space and are one of the premier operators in the Crypto ATM industry.”

Andrew Barnard, Bitstop’s Co-Founder, states, “Our goal is to sell thousands of Bitcoin ATMs globally over the next few years. While the market is currently still in its infancy, we predict that within five years, it will be normal to see a Bitcoin ATM when you’re out shopping, traveling or pumping gas. To get to that point, we know it must be incredibly easy for the consumer to use, and for the retailer to operate. This solution partnership combines Bitstop’s four years of experience developing and operating a fleet of 100 Bitcoin ATMs with KIOSK’s 25+ years of industry leading design and engineering experience. The end result is a simple, secure, and reliable Bitcoin ATM exchange platform that is beneficial to both the consumer and the deploying retailer.” NRF demonstrations in KIOSK booth #3755.

About KIOSK Information Systems: As the Market Leader in Self-service Solutions, KIOSK provides proven expertise in design engineering, application development, integration, manufacturing, field support, and managed services for even the most sophisticated self-service platforms. A deep portfolio of standard and custom KIOSK designs are deployed among Top 100 Retailers and Fortune 500 clients in virtually all self-service vertical markets. www.kiosk.com, 800.509.5471.

About Bitstop: Bitstop is a Bitcoin infrastructure development company based in sunny Miami, FL. Founded in 2013, Bitstop is an early pioneer in the Bitcoin ATM industry whose mission is to build tools and services which make Bitcoin more accessible.

Contacts

KIOSK Information Systems
Cheryl Madeson, cmadeson@kiosk.com
or
Bitstop
Serguei Hernandez, serguei@bitstop.co

KIOSK Information Systems and Beabloo to Demonstrate Targeted Facial-Recognition Advertising Through Digital Signage at NRF 2019

PR originally published on BusinessWire

KIOSK Information Systems and Beabloo to Demonstrate Targeted Facial-Recognition Advertising Through Digital Signage at NRF 2019

Real-time data intelligence through Digital Signage.

LOUISVILLE, Colo.–(BUSINESS WIRE)–Beabloo, a pioneering company in Active Customer Intelligence solutions that improve retail customer experience, is collaborating with KIOSK Information Systems (KIOSK), an industry leader in self-service solutions, to showcase a digital signage display with active customer intelligence. The combined solution will be demonstrated at NRF in New York City, Booth #3755, January 13 – 15, 2019.

“Beabloo can help companies improve advertising content effectiveness and reduce costs, ultimately leading to a higher return on their signage investment.”

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The unit is uniquely built to demonstrate the intelligence-enabled offering Beabloo and KIOSK provide. The digital signage kiosk has three screens – one to display customer-facing ad content, plus two additional displays to demonstrate Beabloo’s Dynamic Signage and Audience Analytics solutions for the Retailer. By illustrating the facial recognition and related content analytics simultaneously, users can easily grasp the value of the real-time data intelligence provided within the Beabloo platform.

The customer-facing digital signage kiosk has an integrated camera to anonymously analyze the audience in real time, thereby respecting the shopper’s privacy. It detects when a person looks at the digital signage and records information such as gender, impressions or attention time, and relates the attributes to drive the appropriate ad content. This content can include product information, recommendations, offers, promotions and interactive content. Shoppers can also scan QR codes from the screens to take the information or promotions with them when they leave the store, enabling them to complete the purchase any time through any channel.

“Implementing intelligence-enabled digital signage allows Retailers to improve the efficiency of their marketing campaigns by segmenting messages according to the profile of the visitor, optimizing display content and improving the customer shopping experience,” said Jaume Portell, CEO of Beabloo. “Beabloo can help companies improve advertising content effectiveness and reduce costs, ultimately leading to a higher return on their signage investment.”

Beabloo’s Digital Signage solution provides a simple analytics dashboard to facilitate smarter advertising decisions. Dashboards include shopper demographic data, content preferences, sales metrics, and store inventory. Accurate data is leveraged to optimize business operations in real time. Dynamic Signage solutions can be further integrated with Beabloo’s stock management module, Minerva, leveraging real-time stock system data to prioritize ad content tied to in-stock products.

Bill Butler, CEO of KIOSK adds, “KIOSK is thrilled to partner with Beabloo. The unique show demonstration illustrates what the Beabloo Active Customer Intelligence Suite adds to digital signage interactions. Grabbing the attention of customers in their buying journey entails bridging digital interactions to physical spaces. Beabloo is an important KIOSK Digital Signage Ecosystem Partner. Their technology adds genuine value to the interactive customer experience while boosting in-store engagement and sales.”

Following NRF, the digital signage solution will also be presented by Beabloo at the ISE fair from February 5-8, 2019, in Amsterdam, Booth 8-C440 and by KIOSK and their parent company Posiflex at the EuroCIS event in Düsseldorf from February 19-21, 2019, Booth #C42/Hall 9.

About KIOSK Information Systems

As the market leader in self-service solutions, KIOSK provides proven expertise in design engineering, application development, integration, manufacturing, field support, and managed services for even the most sophisticated self-service platforms. A deep portfolio of standard and custom KIOSK designs are deployed among Top 100 Retailers and Fortune 500 clients in a wide array of self-service vertical markets.

About Beabloo

Beabloo is a pioneering technology company that develops omnichannel solutions to personalize the customer experience in the retail space and improve the impact of marketing campaigns. The integrated solutions of their Active Customer Intelligence Suite (ACIS) leverage the benefits of artificial intelligence to optimize and automate processes. The company was founded in 2008 and operates in over 20 countries, with headquarters in Spain and offices in China, England, Turkey and the Middle East.

Contacts

KIOSK Information Systems
Cheryl Madeson, cmadeson@kiosk.com
or
Beabloo
Guiomar Fernandez, guiomar.fernandez@beabloo.com

KIOSK Information Systems Posiflex Showcase Interactive Self-service & POS Innovations Enabled with IoT Monitoring at NRF Big Show 2019

Press release originally published on BusinessWire

KIOSK Information Systems & NRF 2019 Showcased Technology

KIOSK and Posiflex demonstrate new technology and new designs with Bitcoin ATMs, BOPIS, Digital Signage, Remote Monitoring, and Omnichannel IoT at NRF (Photo: Business Wire)

LOUISVILLE, Colo.–(BUSINESS WIRE)–Together, KIOSK Information Systems (KIOSK) and parent company, Posiflex will showcase a wide array of new connected retail solutions for self-service, point of sale, and digital signage at the 2019 NRF Big Show, Booth #3755. The team will demonstrate advances in hardware, software, and service technologies that bridge digital and physical spaces to facilitate connected consumer transactions.

Posiflex’s recently appointed Global Chief Strategy Officer, Hans Peter Nüdling, states, “I’m thrilled to introduce the Posiflex Group at NRF. ‘The Posiflex Group’ references the collective brands of Posiflex, KIOSK, and Portwell computing. It encompasses a strategic blend of world-class POS, self-service, industrial gateway/computing technologies under one virtual corporate roof. At NRF, the Group will be illustrating Omnichannel IoT applied in Retail, Hospitality, and Digital Signage product applications. Our Group mission is to leverage the leading-edge technologies and earned domain expertise of each brand to collaboratively drive new product innovation and global market growth. Further, uniting the vast global Engineering, Operations, and Distribution infrastructure elevates the Group’s strategic IoT solution portfolio and value proposition for our global customer base.” Mr. Nüdling will be building up a major European presence, supplementing primary design and manufacturing facilities in the US and Asia.

Inside the booth, the Group will debut two new standard kiosk offerings. The TK Series (designed by KIOSK and manufactured by Posiflex in Taiwan), are modular platforms with a 32” or 21” display. The new Paragon TK3200 Series kiosk features a sleek 32” PCAP display with componentry purpose-built for quick serve and fast casual restaurant order automation (wall mount, single/dual sided pedestal). Further, the existing Stellar TK2100 Series kiosk has been re-designed as an innovative modular unit with mainstream component options common to most self-service transactions (pedestal or countertop). Both TK models are built with highly reliable Posiflex components, pairing superior life-cycle and supply chain advantage with attractive pricing. The TK kiosk series is built in Taiwan and stocked regionally for final configuration, providing best-in-class lead-times.

KIOSK will proudly feature two new partner platforms. Beabloo and KIOSK have collaborated on a digital signage platform empowered with active customer intelligence. The demo simultaneously shows customer facial recognition and related engagement/demographic analytics, illustrating how real-time customer insight data helps retailers optimize ad content. It provides scannable digital QR codes empowering consumers to carry store offers, promotions, and product information to complete purchases anytime – through any channel.

A second KIOSK partner collaboration is with Bitstop, a pioneer in Bitcoin ATMs. This platform enables instantaneous cash to bitcoin purchase transactions with a simple kiosk UI. This fast-growing cryptocurrency ATM category helps retailers monetize floor space and increase foot traffic.

KIOSK will also feature their own licensed product platforms. Demos include sophisticated licensable bill payment hardware and software, freeing up Store Associates to focus entirely on closing new sales and driving store profits. Additional retail self-service solutions include loyalty/gift registry platforms automating in-store signup, promotional offer presentation, and self-service gift registry management. Standard locker demonstrations for BOPIS (buy online pick up in store), illustrate secure online sales transaction pick-up, driving customer convenience and security, bonused with additional in-store foot traffic/secondary purchases.

In booth, Posiflex – best known for reliable POS solutions – will feature their award-winning RT Series POS terminals (slim standard and widescreen displays), and MT series POS tablets. MT Tablets represent the next-generation in mobile POS with durable Gorilla Glass and optional EMV L2 chip and pin options.

Advanced deployment management software product demonstrations include real-time IoT alerting software to monitor connected POS, kiosk, and signage end-points in real time and at scale. A feature rich remote monitoring dashboard displays the overall health of POS, kiosk, and signage platforms down to the peripheral and component level. This end-point automation visibility is the gold standard for managing uptime and controlling field service costs.

Please stop by booth #3755 to explore the latest offerings or discuss your specific project with the Global (multi-lingual) Posiflex Group team.

About Posiflex

Founded in 1984, Posiflex Technology, Inc. has designed and manufactured its own-branded and world-class POS solutions. Since 2016, Posiflex has determined to grow beyond the POS business and further expand itself into self-service solutions (KIOSK), and to a few more vertical markets serving B2B IoT platforms empowered by embedded PC. Posiflex’s offices are in the USA, Germany, Netherlands, UK, China, India, Singapore, UAE, Malaysia, Japan, and Korea along with the global distribution networks to provide direct and timely support to its customers around the world. For more information, please visit www.posiflex.com or use the contact information below.

About KIOSK Information Systems

As the market leader in self-service solutions, KIOSK provides proven expertise in design engineering, application development, integration, manufacturing, field support, and managed services for even the most sophisticated self-service platforms. A deep portfolio of standard and custom KIOSK designs are deployed among Top 100 Retailers and Fortune 500 clients in a wide array of self-service vertical markets. www.kiosk.com

Contacts

KIOSK Information Systems
Press Contact:
Cheryl Madeson, +1 720 984 8270
cmadeson@kiosk.com
or
Posiflex
Press Contact:
Brad Chou, +886 2 2268 5577
bradchou@posiflex.com.tw

Posiflex Debuts POS Tablet, Terminal and Kiosk at NRF 2017 | Business Wire

Posiflex debuts three new retail POS products at the National Retail Federation Big Show 2017 – self service kiosks, patented and award winning tablet

Source: www.businesswire.com

A US patent has been issued on MT series accessories for engineering innovation for transforming a tablet into a pistol grip bar code reader, then an all-in-one POS. The MT series is ideal for line-busting, inventory management, mobile payment and customer engagement.

KIOSK Information Systems Announces Licensed Bill Pay Software Product | Business Wire

bill pay software

KIOSK Information Systems to Demo New Bill Payment Software at the 2017 NRF Big Show, Booth #3805

Source: www.businesswire.com

KIOSK Information Systems Announces Licensed Bill Pay Software Product

Reduces Development Costs, Speeds Time to Market, and Increases Store Productivity

LOUISVILLE, Colo.–(BUSINESS WIRE)–KIOSK Information Systems (KIOSK) is announcing a new bill pay software platform at the NRF Big Show, 2017, Booth #3805. The modular application provides a complete user flow for payment of multiple bills (via cash, card, and check) and common account inquiries. While unique customer features or additional flow paths can be readily integrated by KIOSK’s Application Development team, the base product license accomplishes the most common transaction functionality KIOSK has encountered with other major retail bill payment and money services clients.

KIOSK Information Systems to Demo New Bill Payment Software at the 2017 NRF Big Show, Booth #3805

KIOSK CEO, Tom Weaver, states, “Without question, bill payment is KIOSK’s most consistent and dominant market application. Many of our clients are in their second or third generation of self-service having already proven the enormous impact of automating literally millions of transactions each year. The ROI on in-store bill payment has moved it from a ‘nice to have’ in-store feature to a ‘must-have’ element to maximize store profits.”

Having worked with most of the dominant phone and cable service providers as well as leading electronic bill payment and money transfer clients, KIOSK’s Development Teams embarked on creating a more turnkey and modular software product, with a pre-established user flow for multi-bill account look-up and payment processing. By offering this as licensed functionality, KIOSK can reduce development timelines by 50% or more, leaving only specialized requests and client-specific API integration to complete.

KIOSK CTO, Charley Newsom, adds that “Our team has integrated our bill payment software with CORE K-NECT to include our proprietary remote monitoring and real-time alerts on connectivity, application status, and advanced payment component-level monitoring in the base product license. This capability, combined with our Intel Security Suite software stack options, creates a secure and PCI compliant total solution that has been vetted and deployed with Fortune 500 client applications. The custom hardware has always been a ‘given’ with KIOSK, but over the course of several years, we have developed a fully secured and finished TOTAL payment solution that we are very proud and excited to bring to market.”

For a closer look, please visit us at NRF’s Big Show, Booth #3805.

About KIOSK Information Systems:

As the Market Leader in Self-service Solutions, KIOSK provides proven expertise in design engineering; application development, integration, manufacturing, field support, and managed services for even the most sophisticated self-service platforms. An exceptionally broad portfolio of standard and custom KIOSK designs are deployed among Top 100 Retailers and Fortune 500 clients in virtually all self-service vertical markets. www.kiosk.com, 800.509.5471.

Contacts

KIOSK
Press Contact:
Cheryl Madeson, 303-661-1648
cmadeson@kiosk.com
www.kiosk.com

Brochure

KIOSK Bill Pay Brochure

KIOSK (KIS) acquired by Posiflex

KIOSK (KIS) acquired by Posiflex

Editor Note: The acquisition of KIOSK by Posiflex is official. In a blockbuster deal Posiflex is expanding from its historical POS transactional market into the self-service kiosk market in a huge way. With a Posiflex market cap of over $11 Billion, KIOSK becomes part of a company over twice the size of NCR, the other major kiosk  player.

From our vantage point this acquisition will provide all types of advantages to KIOSK and help it grow market share faster. KIOSK had been purchased by Alerion Capital three years and their principal aim seemed to be to accelerate the profit and then turn the company after three years.  I expect Posiflex will make some very positive investments which should allow KIOSK to truly become the dominant state-of-the-art manufacturer.   We spoke with Weaver and yes he is staying (and we expect the COO Dan Houck will stay as well).  Well played!


Press Release:

KIOSK Information Systems Uniting with Taiwan Posiflex

Two dominant transaction solution providers combine technological strengths to advance global leadership in service automation industry

NEW TAIPEI CITY, Taiwan–(BUSINESS WIRE)–Taiwanese Point-of-Sales terminal brand leader Posiflexannounced today that they have entered into a purchase agreement with KIOSK Information Systems (KIOSK), a world leader in self-service solutions. Posiflex will offer KIOSK a cash purchase for all outstanding ordinary shares, for a total consideration of approximately $US 105 million. Both companies are industry forerunners known for best-in-class POS and self-service platforms. Combining these complementary strengths positions Posiflex for continued growth tied to emerging “Internet of Things” (IoT) applications within the service automation industry.

“By combining Posiflex and KIOSK’s dual-value proposition in this domain, we are confident in emerging as the leader in this growing market.”

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Retailers, financial service providers, hospitality and logistics service providers are key among an even wider industry audience driving steady and steep demand in transaction automation. Deployers are increasingly incorporating self-service as a “must-have” element of today’s Omnichannel consumer experience; increasing touch points, reducing costs – all while simultaneously collecting valuable transaction data. KIOSK is unique among its’ competitors in its ability to provide a complete end-to-end solution encompassing custom design engineering, manufacturing, software development, field services, and highly secure managed services. This “total solution” approach to services has fueled KIOSK’s continued growth and reinforced analyst’s rankings of KIOSK as the dominant North American provider and #3 globally.

As the IoT is driving improved asset utilization, better logistics management, and better customer experiences, self-service automation platforms become an increasingly integral element of Omnichannel sales strategies. Utilizing IoT data from transactions provides valuable insight for customer-specific data collection and enables customized point of sales marketing. Posiflex CEO Owen Chen adds that, “By combining Posiflex and KIOSK’s dual-value proposition in this domain, we are confident in emerging as a distant leader in this growing market.”

Post-transaction plans are to retain and empower the current KIOSK Management Team with no operational or organizational restructuring required as result of the transaction. Tom Weaver, KIOSK’s current CEO, will now hold dual Board of Director roles for both Posiflex and KIOSK. This will accelerate efforts of the current management team to execute KIOSK’s strategic growth plans, leveraging key Posiflex resources. Access to a global sales network and highly relevant engineering / integration capabilities are among many strategic leverage points created by combining the companies.

Leveraging Posiflex’s international channel reach throughout Greater China, Asian Countries, Russia, India, and Europe; KIOSK is uniquely positioned to ensure sustainable market growth not only in North America, but also the global marketplace. Further, Posiflex will provide substantial advantage for KIOSK tied to upgrading critical components and peripheral modules. This ultimately enhances KIOSK’s future solution offerings with even more advanced product and service coverage capabilities.

KIOSK CEO Tom Weaver adds, “We firmly believe that joining forces with Posiflex fully supports our growth objectives and represents the best interests of our customers and employees. Having overnight access to Posiflex’s international presence and complementary technology resource adds distinct competitive advantage and differentiation. This combined scale opens new doors to growing world markets and further advances KIOSK’s ability to provide comprehensive and state-of-the-art solutions.”

This transaction was advised by KPMG Corporate Finance LLC, and is expected to close in 2016-Q3.

About Posiflex:

Founded in 1984, Posiflex Technology, Inc. has designed and manufactured its own-branded and world-class POS solutions. Recognized as a pioneer and leader in the industry, Posiflex has been awarded more than 30 patents for innovative design. The company’s products are manufactured in two ISO 9001/9002/14001 facilities in Taiwan and sold worldwide through retail, hospitality, banking, healthcare, kiosks and many other verticals. Posiflex’s offices are in the USA, Germany, China, India, Singapore, Malaysia, Japan, Dubai and Argentina along with the global distribution networks to provide direct and timely support to its customers around the world. For more information: www.posiflex.com.

About KIOSK Information Systems:

As the Market Leader in Self-service Solutions, KIOSK provides proven expertise in design engineering; application development, integration, manufacturing, field support, and managed services for even the most sophisticated self-service platforms. An exceptionally broad portfolio of standard and custom KIOSK designs are deployed among Top 100 Retailers and Fortune 500 clients in virtually all self-service vertical markets.www.kiosk.com, 800.509.5471.

Contacts

KIOSK
Cheryl Madeson, 303-661-1648
cmadeson@kiosk.com


From the China Post

TAIPEI — Posiflex Technology Inc. (振樺電子), a Taiwan-based Point-of-Sales terminal brand, has agreed to acquire KIOSK Information Systems in the United States, the largest self-services solution provider in North America.

Under the acquisition agreement, Posiflex will spend US$105 million to acquire KIOSK, marking the largest acquisition deal in the industrial computer sector in Taiwan. Posiflex’s board of directors has approved the acquisition.

Market analysts said that the deal showed Posiflex’s ambitions to expand by swallowing a large company like KIOSK; the consideration of the deal is almost five times the Taiwanese suitor’s paid-in capital.

According to the Taiwan Stock Exchange, Posiflex is capitalized at NT$676 million (US$21.6 million), and had started procedures for listing on the local main board since November 2012. Before the main board’s listing, Posiflex had been listed on the over-the-counter market since July 2005.

Commenting on the acquisition deal, Posiflex said that KIOSK ranks as the third largest self-services solution provider in the world. The U.S. firm’s clients come from a wide range of industries globally, like telecom services, retail, logistics and financial services, Posiflex said.

Among the prominent clients of KIOSK are AT&T, IKEA, PepsiCo., McDonald’s and U.S. Postal Services, Posiflex added.

The suitor said that the acquisition agreement was reached because KOISK’s major shareholder, a private equity fund, was planning to dispose of the U.S. firm for profit. Through the acquisition, Posiflex said that it expects to enter the self-services business by taking advantage of the suitor’s existing lead in the Point of Sales terminal technology.

In the past three years, KIOSK posted more than 30 percent in compound annual growth rate (CAGR) with its gross margin ranging between 35 percent and 40 percent, Posiflex said. In the first seven months of this year, KIOSK’s earnings before interest, taxes, depreciation and amortization topped US$7 million, Posiflex added.

Analysts said that after the acquisition, Posiflex is expected to see its revenue for next year double from this year. In the first seven months of this year, Posiflex posted NT$1.78 billion in consolidated sales, up 6.18 percent from a year earlier.

“By combining Posiflex and KIOSK’s dual-value proposition in this domain, we are confident in emerging as a distant leader in this growing market,” Posiflex Chief Executive Officer Owen Chen said in a statement.

Posiflex said that it will assign its own funds to pay for 20 percent of the total consideration in the deal, while it will be seeking bank loans to pay for the remaining amount. The company said that it could issue new shares and convertible bonds to repay its bank loans in the future.

After the acquisition is completed, Tom Weaver, KIOSK’s current CEO, will hold dual board of director roles for both Posiflex and KIOSK.

 

BRIEF-Posiflex Technology unit to fully acquire KIS Acquisition at $105 mln

Posiflex acquires KIS KIOSK

For full press release text with analysis see KIOSK Acquired by Posiflex posting. Below is original posting of headline on Reuters.

Posiflex Technology buys KIOSK (KIS) :

Source: www.reuters.com

Aug 12 Posiflex Technology :

* Says its subsidiary Posiflex Business Machines,Inc. will fully acquire KIS Acquisition Corp. at $105 million from KIS Group,LLC and The Peninsula Fund V Limited Partnership.

Source text in Chinese: goo.gl/mnLjNw

Further company coverage: (Beijing Headline News)

Kiosk Association Announces Advisory Board Members

DENVER, CO – 6/29/2016 (PRESS RELEASE JET) —Kiosk Industry Group, the Kiosk association and vendor trade

Kiosk Association

association, officially announces appointment of five new members to the Strategic Advisory Board.  The new members include Olea Kiosks, KioWare, Kiosk Information Systems, PROVISIO, and Turnkey Kiosks. They join Crane Payment Innovations, OptConnect, CTS (Connected Technology Solutions) and ARCA. Honorary members include Peter B. Snyder.  Together they provide strategic guidance to the Group in direction and focus in all types of transactional and informational self service solutions.

“These new board members represent the growing excitement and momentum that self-service automation is delivering to customers and employees.” said Craig Keefner, manager for the Kiosk Industry Group.  “Whether for customers or employees, automation is becoming a crucial differentiator for companies looking to expand their customer channels”.

The new advisory board members are:

Olea Kiosks, represented by Traci Martin, Director of Sales and Marketing.   Traci has over 20 years in the industry. Frank Olea is CEO. Olea Kiosks is one of North America’s largest kiosk manufacturers providing custom kiosks and standard kiosks. Olea has been in the kiosk business for over 20 years and is known for unparalleled design. Olea has been in business over 40 years.

KioWare is represented by James Kruper, president and CEO, and Laura Miller Director of Marketing. Jim has over 20 years of experience with kiosk software, remote monitoring and content management/display systems. KioWare is one of largest kiosk software companies in the world and offers a free fully functioning demo of all of their kiosk software products (Windows & Android).

Kiosk Information Systems, represented by Cheryl Madeson, Director of Marketing. Tom Weaver is CEO and President. KIOSK Information Systems began as KIS over 20 years ago and is the largest kiosk manufacturing company in the world.  Along with custom and standard kiosks, KIOSK designs and manufacturers Locker and Vending systems and has a full software development team with a complete software portfolio suite which includes remote monitoring.  KIS and Rick Malone were aa charter sponsor of the original Kiosk Association in 2001 (aka Bay Hill Bunch which included IBM, Compaq, Crane, Elotouch and Kodak).

PROVISIO is represented by Heinz Horstmann. The Chief Manager is Christoph Niehus at their headquarters in Germany. Heinz has over 20 years in the internet terminal kiosk software industry.  The industry leading interactive kiosk software product Sitekiosk has more installed terminals than anyone in the world. SK provides lockdown as well as Content Management for Digital Signs (Windows and Android).

Turnkey Kiosks is represented by Gary Strachan. Gary has 35+ years in the industry having spent many with IBM. Turnkey Kiosks largest focus is cost-effective transactional bill payment kiosk systems along with custom kiosks for a variety of functions. TurnKey offers a complete one-stop shop that has in-house consulting, CAD design and engineering, Custom Sheet Metal, Custom Cables for a variety of functions. TurnKey prides itself in taking a very hands-on approach with our customers to make sure our solutions exceed customer expectations.

Bitcoin ATM’s, custom POS, Retail and Utility Payments. TurnKey Kiosks is a one-stop shop for consulting, software, hardware, installation, service and maintenance.

About the Kiosk Industry Group

The Kiosk Industry Group is based in Denver Colorado and serves as the kiosk association and qualified marketing network for the kiosk industry.  With over 300 participating listed companies Kiosk Industry Group is the largest kiosk-focused association in the world. For more information on these companies and the kiosk association please log onto http://kioskindustry.org.  For more information contact Craig Keefner at craig@catareno.com

Full News Story: http://pressreleasejet.com/news/kiosk-association-announces-advisory-board-members.html

Distributed by Press Release Jet

Media Contact
Company Name: CAKCEK
Contact Person: Craig A Keefner
Email: craig@catareno.com
Phone: (303) 261-8836
Country: United States
Website: http://catareno.com