Radiant Systems Announces Launch of Widely Adopted Employee Theft Deterrent Application

Radiant Systems Announces Launch of Widely Adopted Employee Theft Deterrent Application

Newest back office application, Aloha Restaurant Guard™, identifies and reports common industry fraud patterns and scams that occur at the point of sale.

ATLANTA (February 11, 2010) — Radiant Systems, Inc. (Nasdaq: RADS) today announced that it has launchedAloha Restaurant Guard™, a powerful application within its Hosted Solutions suite that helps restaurant operators better control operations and increase their profit by as much as 5 percent. The application analyzes point-of-sale (POS) data and transactions to identify common restaurant employee scams and fraudulent activities.

“We have seen clear benefits since implementing Aloha Restaurant Guard,” said Lori Kittle, vice president of information technology for Landry’s Restaurants, which operates more than 180 U.S. locations, including Rainforest Café, Saltgrass Steak House, Landry’s Seafood House and The Chart House. “It gives us access to invaluable information that we never had before. We believe fraud and theft have been reduced not only by identifying specific instances, but more importantly by the environment of accountability created by this new knowledge of such identification.”

Aloha Restaurant Guard is a hosted back office application that allows restaurant operators to gain visibility into potential theft that occurs in their restaurants. By monitoring all POS activities in real time, Aloha Restaurant Guard is able to generate reports that identify trends consistent with more than a dozen restaurant scams to help stop profit losses and minimize the effects of fraudulent behavior. In addition, Aloha Restaurant Guard increases the level of security in restaurants to deter theft and improve controls without any impact to the guest experience. Not only does the application use artificial intelligence to provide in-depth server summary reports that compile loss prevention and incident history, but the reports also give operators insight into their best and worst performing employees. Aloha Restaurant Guard has already been implemented in more than 3,000 quick service and table service restaurant locations.

“Aloha Restaurant Guard has been the most impactful application to our operations that we have installed since Aloha POS,” said Jim Nichols, owner of Nichols restaurant in Marina Del Rey, Calif. “We discovered that more than 40 percent of our employees were stealing, and in one instance with a single person, the overall theft equated to a loss of $10,000 per year.”

“Radiant is excited to see the success and peace of mind Aloha Restaurant Guard has brought to thousands of restaurant operators across the United States,” said Jeff Hughes, vice president of hosted solutions at Radiant Systems. “Aloha Restaurant Guard is an example of Radiant’s mission to drive value into our products and help our customers see increased profits and improved operations from their restaurant technology.”