Business Wire: Datawave Completes Roll-Out of Posa Technology to Shell Stores Across Canada: “This technology allows the stores sell a wide range of prepaid products, including long distance and cellular time (ShellNews.net) 22 March 05
Mar 22, 2005
DataWave Systems Inc. (OTCBB:DWVSF) announced today that in September 2004 completed the rollout of its Point of Sale Activation (POSA) technology to over 600 Shell corporate stores across Canada. This technology allows the stores sell a wide range of prepaid products, including long distance and cellular time.
"We at Shell are pleased to expand our partnership with DataWave to deliver prepaid products to our customers" said Raquel Matovich, Category Manager at Shell Canada. "DataWave has been supplying long distance phone cards since we launched the category in the late 1990's. After testing their POSA technology in selected stores, we are very excited to have it available at more than 600 of our stores across Canada. The terminals allow us to offer a wide variety of prepaid products in a real-time environment. We believe this program is in keeping with our vision and further demonstrates our focus to providing value-added benefits to better serve our customers."
"The completed rollout of these Shell stores means that DataWave's Point-of-Sale Activation solution is available at over 6,000 retail locations, which strengthens our position as the leading provider of POSA technology in Canada," added Domenica Perricone, Director, Account Management Services at DataWave.
The proprietary POSA technology of the DataWave System gives retailers the capability for instantaneous electronic delivery of prepaid PIN products. Long distance phone cards, cellular PINS from all major cellular service providers, and an ever-increasing list of other prepaid products, can be delivered - on demand - directly to the point of purchase, through small free-standing terminals or by a host-to-host infrastructure that can be incorporated into the retailers' already existing cash register system.
About Shell Canada Limited (www.shell.ca)
Shell Canada Limited is one of the largest integrated petroleum companies in Canada, producing natural gas, natural gas liquids and bitumen. It is also the country's largest producer of sulphur. In addition, Shell Canada is a leading manufacturer, distributor and marketer of refined petroleum products.
About DataWave (www.datawave.com)
DataWave has been an innovator and developer of prepaid and stored-value programs and merchandising solutions since it was founded in 1994. DataWave pioneered systems that allow for point-of-sale activation of high value, high shrinkage products, such as cash cards, prepaid phone cards and prepaid wireless time. These systems work equally well over the Internet, through intelligent freestanding vending machines and POSA terminals, or with various card activation devices, including cash registers.
DataWave Systems Inc.
John Gunn, General Manager, CFO
Legal Notice Regarding Forward-Looking Statements:
Statements in this news release which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future.
It is important to note that the company's actual results and outcomes may differ materially from those contained in the forward-looking statements contained in this release.
Although we believe that the beliefs, plans, expectations and intentions contained in this letter are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Readers should also refer to the risk disclosures outlined in our annual report on Form 10-KSB for the year ended March 31, 2003, filed with the United States Securities and Exchange Commission.
"DataWave" is a registered trademark of the Company. All other trademarks and trade names referred to are the property of their respective owners.
DataWave Systems Inc. (OTC Bulletin Board:DWVSF)DataWave Systems Inc. Josh Emanuel Chairman & CEO (973)774-5000 OR DataWave Systems Inc. John Gunn General Manager, CFO (604)295-1810 info@datawave.ca www.datawave.com
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