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ATLANTA (Sept. 19, 2005) — Radiant Systems, Inc. (NASDAQ:RADS) announced today that it has
entered into a definitive agreement to acquire MenuLink Computer Solutions, Inc., one of the largest independent suppliers
of back-office software for the hospitality industry. The union of two industry leaders delivers a tightly integrated solution
linking the award-winning suite of Radiant hardware devices and Aloha Point-of-Sale (POS) applications to the open architecture
and feature set of MenuLink’s back-office software.
Both the Aloha POS and MenuLink back-office solutions are widely known as the industry’s easiest systems for servers and
managers to use. With MenuLink’s proven experience delivering back-office solutions to very large chains as well as small
chains and franchisees, Radiant has now complemented its solution to more comprehensively serve the needs of restaurant
operators.
The combination of MenuLink’s robust back-office applications and the Aloha suite of products including
QuickService/TableService POS, Enterprise, eCard and eFrequency, create an end-toend solution designed to
help operators minimize operational costs and maximize profits. Of the 35,000 restaurants using Radiant's products,
MenuLink is the most popular back-office provider. MenuLink currently serves more than 9,000 restaurant sites across
more than 280 chains.
“We want to add as much value as possible to each restaurant operator who selects our solution,” said Andy Heyman,
president of the Radiant Hospitality Division. “MenuLink is the most wellrespected back-office provider in the industry.
Ron Whitaker and Terri Williams agreed to join the Radiant community because we share a common vision of helping
restaurant operators’ better serve guests and increase profits. This combination enables us to accelerate our ability
to do just that.”
“With complementary products and markets, we’re combining expertise and management of both MenuLink and
Radiant to accelerate the delivery of unmatched restaurant solutions,” said Ronald Whitaker, president and chief
executive officer of MenuLink. “MenuLink has built its success on the open, flexible nature of our products
and we will carry on our best-of-breed back-office reputation by continuing to interface with other
POS providers. We will also benefit from the strength of Radiant’s global service infrastructure and
key differentiators such as fully-integrated enterprise reporting, gift cards and loyalty.”
Heyman continued, “Their formula for success is very clear and POS independence is a critical ingredient.
We remain committed to that formula.”
The acquisition is expected to close early fourth quarter of 2005 subject to standard closing conditions and
adjustments. Radiant expects the acquisition to be accretive to earnings in 2006.
Founded in 1985, Radiant Systems, Inc. provides innovative store technology for the foodservice, petroleum and
convenience retail, and entertainment industries. Radiant’s point-of-sale, selfservice kiosk, and back-office
technology enables operators to drive top-line growth and improve bottom-line performance. Headquartered in
Atlanta, Radiant (www.radiantsystems.com) has deployed its solutions in more than 50,000 sites worldwide.
MenuLink Computer Solutions Inc. is the largest independent supplier of back-office software for the hospitality industry
with more than 9,000 sites in over 280 chains using their products. The newest product line, BOA.Net, built with
Microsoft .NET, provides a complete solution including cash management, inventory, purchasing, labor control
and business intelligence.
Using both Smart Client and Web Client, the solution set is ideal for the
hospitality industry including restaurant chains, hotels, resorts, airports, country clubs and casinos.
MenuLink’s products have a unique, easy-to-use interface mandatory in the hospitality industry today,
resulting in lower food and labor costs, cutting paperwork for management and providing additional
benefits to the staff utilizing Web scheduling information.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for
future business development activities, and are thus prospective. These statements appear in a number of
places in this release and include all statements that are not statements of historical fact regarding intent,
belief or current expectations of the Company, its directors or its officers with respect to, among other things:
(i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations;
including the ability to integrate the operations of acquired businesses; (iii) the Company’s growth strategy and
operating strategy; (iv) the Company’s new or future product offerings, and (v) the declaration and payment of
dividends. The words “may,” “would,” “could,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” “plans,”
and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not guarantees of future performance and involve risks
and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially
from those projected in the forward-looking statements as a result of various factors. Among the key risks,
assumptions and factors that may affect operating results, performance and financial condition are the Company’s
reliance on a small number of customers for a larger portion of its revenues, fluctuations in its quarterly results,
ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other
factors discussed in detail in the Company’s filings with the Securities and Exchange Commission.
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