Intellectual Property for Digital Receipts

Press Release


AfterBOT Announces IBM "StoreProven" Status

Atlanta, GA - January 13, 2003 - AfterBOT, the leading provider of digital receipt technology enabling post-sales customer focused marketing and business solutions, today announced it has earned IBM "StoreProven" status. AfterBOT's Retail InSIGHT ManagementTM solution is being demonstrated at the 2003 NRF Convention and Expo running on an IBM Kiosk in the ARTS Pavilion on the show floor.

AfterBOT's Retail InSIGHT ManagementTM solution leverages an atomic-level POS database created by it's ReceiptsPLUSTM platform to enable a host of customer, marketing and business services designed to increase operational efficiency, enhance customer service, improve margins and increase sales. Delivered across the extended enterprise via the web, AfterBOT provides timely access to accurate, integrated data that provides the best solution to increasing support costs, shrinking margins, and slow or stagnant sales activity.

"This initiative validates the successful integration of AfterBOT's solution to a kiosk environment in order to deliver unique external views of sales and marketing information inside the store", said Jim Nadler, VP Marketing and Business Development for AfterBOT. "Both consumers and suppliers will be able to view relevant sales activity under secure conditions that protect the integrity of the data and the privacy of the individual user."

"Achieving IBM "Store Proven" status is a key next step in the growth and evolution of the company", stated, John Simon, AfterBOT CEO. "StoreProven" is a program in which vendors run a variety of tests to ensure that their solutions meet compatibility standards established by IBM. In earning the StoreProven designation for ReceiptsPLUSTM, AfterBOT has demonstrated their commitment to supporting IBM platforms and forging a closer relationship with IBM."

About AfterBOT
AfterBOT Inc. is the market leader using digital receipt technology standards to create an atomic-level POS transaction database that enables the delivery of secure, unique, interactive views to both internal and external audiences. AfterBOT's Retail InSIGHT ManagementTM combines technology and professional services to provide a comprehensive business solution driving top and bottom line growth through a variety of customer, marketing and business services. For more information visit us at AfterBOT was founded in 2000 and is privately held. AfterBOT's investors include Chrysalis Ventures, River Cities Capital Funds, Prosperitas Investment Partners, and e-RM Ventures.

For Additional Information:
Please Contact:

Sonya Ruppel or Alex Armstrong
Marketing Communications
AfterBOT, Inc.
4361 Shackleford Road
Norcross, GA 30093
(770) 564-5554
[email protected]
[email protected]

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