| The company was formed in 4/96 to establish a national network of full service dealers of retail automation equipment, such as point-of-sale systems,electronic cash registers and related hardware and software,who market their products to retail users. A POS system is issued at the "point of sale" in a retail establishment. Its leads or prompts the retail clerk through a sales transaction with a customer. The POS system collects detailed information, including credit information, about the transaction. Standard components of a POS system include a display terminal to view the transaction, a keyboard for data entry, a cash drawer for collecting funds, a printer to prepare a written record of the transaction, a server processing data and coordinating communications, and software to guide the clerk throughout the transaction. Typically, a number of these sophisticated "registers" are installed in a retail establishment, thus allowing multiple departments or locations to enter transactions simultaneously. |