FOR IMMEDIATE RELEASE
AfterBOT Announces Availability of Business and Marketing Services
Atlanta, GA - June 19, 2003 - AfterBOT, Inc. announced today general customer availability of its Business and Marketing Services, further extending the value of their Retail InSIGHT Management Solution. Along with the already announced Customer Services solution, these services continue the evolution of the family of offerings built around AfterBOT's ReceiptsPLUS technology infrastructure.
ReceiptsPLUS, AfterBOT's digital receipt infrastructure, enables retailers to create and store a multi-dimensional database that includes the who, what, when, where, how much and how paid of every transaction. Secure unique views of the data are then delivered via the web to internal retail personnel and their suppliers and customers through AfterBOT's Retailer Connection, Consumer Connection and Supplier Connection.
"The Customer Services offering has been in full production for over 1 year and now after initial pilot tests, we are pleased to announce these new offerings, said Jim Nadler, AfterBOT Vice President of Marketing and Business Development. " Our ability to leverage a digital receipt infrastructure to deliver operational efficiency, marketing effectiveness and near real time data analysis is a huge step in revolutionizing the way retailers and suppliers will connect to the consumer in the near future."
These extended services add to its Retail InSIGHT Management portfolio implemented last year at Smart and Final Stores, Inc. While Customer Services is focused on Loss Prevention and driving Operational Efficiency, the Business & Marketing Services offerings are designed to segment, analyze and translate data into actionable insights focused on customer retention and stimulating top line growth.
For more information, you can visit their website at www.afterbot.com.
AfterBOT, Inc. is an Atlanta, Georgia based company leveraging an XML based digital receipt infrastructure to connect retailers, suppliers, and consumers. Retail InSIGHT Management combines ReceiptsPLUS technology and customer, marketing, and business services to drive top and bottom line growth throughout the retail industry. For more information visit us at www.AfterBOT.com. AfterBOT, Inc. 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.
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