FOR IMMEDIATE RELEASE
AfterBOT Delivers 25th Million "Digital Receipt" for Smart and Final Stores
Atlanta, GA - February 6, 2003 - AfterBOT, the leading provider of digital receipt technology that drives top and bottom line growth for the retail industry, today announced the creation and delivery of the 25-Millionth "Digital Receipt" at Smart & Final Stores. Using AfterBOT's solution, Smart & Final creates and stores all transaction activity from its 241 stores.
"AfterBOT's ReceiptsPLUSTM has provided tremendous benefit to our operational efficiency," stated Wayne Geffen, vice president and controller of Smart & Final Stores. "We purposely focused the initial phases on improving internal business processes and are now initiating a pilot program to determine how we can deliver added benefits to both our suppliers and customers by providing real-time access to the transaction data via a secure Web site."
"This milestone validates the strength of our offering," said Jim Nadler, AfterBOT's Vice President of Marketing and Business Development. "After seven months of live production we have clearly proven not only the viability of the technology solution but can also clearly define the business impact in hard dollar terms, a must in today's environment."
AfterBOT's Retail InSIGHT ManagementTM solution leverages an atomic-level POS database created by the ReceiptsPLUSTM platform to enable a host of customer, marketing and business services. Through timely and secure access to accurate, integrated data across a retailer's extended enterprise via the Web, AfterBOT provides the best solution against increasing support costs, shrinking margins, and slow or stagnant sales activity.
About Smart & Final
For additional information please contact:
Sonya Ruppel or Alex Armstrong