Press Releases
Squirrel Systems Names Lynk Preferred Vendor for Payment Processing.
Strategic partnership offers restaurants a cost-effective processing solution.
Atlanta, GA - March 5, 2002 - Squirrel Systems, a leading provider of restaurant management systems for independent and chain restaurants, today announced that Lynk Systems Inc. is their preferred vendor for integrated electronic payment services. The collaboration of Squirrel and Lynk will provide restaurants with cost-effective credit card processing and gift card services. Lynk is the latest addition to Squirrel's family of Strategic Partner products, which together with Squirrel Point of Sale provide the ultimate solution for running restaurants efficiently.
Restaurants are looking for improvements to build customer relationships and expand opportunities for sales. One of these improvements is Lynk's prepaid electronic gift card, which is integrated with Squirrel's existing credit card interface. This integration will enhance Squirrel's restaurant product offering and enable its customers to be more competitive in their target markets. Unlike traditional paper certificates, electronic gift card transactions are secure, convenient and flexible. In addition, Lynk's gift card program provides comprehensive online card accounting and reporting functions in real time, which saves Squirrel customers the time and cost of manually tracking paper gift certificates.
"We are very excited and pleased to be partnering with Lynk," says Barry Logan, president of Squirrel Systems. "The relationship with Lynk further enhances Squirrel's strategy to align with Best of Breed vendors who provide superior products and services to Squirrel customers. Lynk's comprehensive electronic payment solutions and strong support team directly benefits our customers with the latest in advanced card processing and telecommunications services now and in the future."
"We look forward to building our relationship with Squirrel," said Ken
Paull, executive vice president, Sales and Marketing for Lynk. "Working together
with Squirrel in areas of payment, gift and loyalty programs, we will deliver the
type of innovative solutions to the restaurant market that Squirrel has built their
reputation on."
Lynk is a proven leader in electronic payment, cash dispensing and e-commerce services. The company processes transactions initiated by credit and debit cards, checks, and other access cards from merchant point-of-sale terminals, ATMs and web sites. Lynk also provides related services such as the issuance of stored value cards that facilitate electronic funds distribution.
Lynk controls the entire processing sequence, including sales, merchant payment equipment, design and hosting of Internet store fronts, transaction authorization, capture, settlement and customer service. This "insourced" model facilitates a truly integrated single-source service that gives Lynk customers one-call support for all their processing needs. Lynk's proprietary technology and comprehensive network connectivity offer customers of all sizes unsurpassed processing performance.
Founded in 1991, Lynk has received Visa's Service Quality Performance Award, and has earned recognition as one of the fastest-growing companies in America by Inc. magazine and Deloitte & Touche for three consecutive years. For more information, please visit Lynk's web site at www.lynksystems.com.
About Squirrel Systems
Squirrel Systems is a leading total solutions provider of management systems for
independent and chain establishments, including restaurants and food and beverage
operations in hotels, resorts and clubs. Headquartered in Vancouver , Squirrel Systems
and Squirrel Systems Canada are privately held companies. In its 15 years of profitable
operation Squirrel has earned a reputation for innovation and excellence by meeting
and exceeding the needs of over 10,000 customers with 50,000 installed Squirrel
workstations. As the first company to introduce touch-screen ordering into the restaurant
market, it has a long track record as an innovator. To learn more about Squirrel,
visit www.Squirrelsystems.com.
Linda Gillis
Director, Marketing
Squirrel Systems
Tel: 604.412.3300
Email: lgillis@Squirrelsystems.com
Norma Wayco
Senior. Vice President
Lynk Systems, Inc.
Tel: 678.587.1210
Tel: 1.866.886.6920
Email: nwayco@lynksystems.com
Ellen Ross
Communications Specialist
Lynk Systems, Inc.
Tel: 678.587.1210
Tel: 1.866.886.6920
Email: eross@lynksystems.com
