Interlink Electronics and
Lipman Partner to Offer E-Signature-ENABLED RETAIL TRANSACTION SYSTEM
ePad POS
Signature Pad First to Support Complete Line of NURITÒ Terminals for Use with NURITÒ Capture, Lipman’s Signature Capture, Storage and
Retrieval Solution
CAMARILLO,
CA and SYOSSET, NY (April 23, 2002)-- Interlink Electronics, Inc. (NASDAQ: LINK), the world’s leading
developer of intuitive interface technologies and solutions for business and
home applications, and Lipman, a global
leader in wired and wireless point-of-sale (POS) terminal solutions, today announced a partnership to integrate Interlink’s
ePad POS electronic signature pad into Lipman’s NURIT Capture retail
transaction terminals. NURIT
Capture terminal systems, which will use ePad’s e-signatures to capture
electronic retail transactions, are licensed
as part of Lipman’s recently announced NURIT CAPTURE solution. As a part of this agreement, the two
companies will continue to develop value-added products for the point-of-sale
market.
“Until now, only the larger retail chain
stores could afford to deploy e-signature-based electronic transaction systems,
said Rod Vesling, vice president of sales and marketing, electronic
transactions, Interlink Electronics, Inc. “With the integration of ePad into
NURIT Capture terminals, we estimate that over 10 million small to medium POS
retail merchants in the U.S. are now able to take advantage of e-signature-enabled
transaction processing. In addition,
Lipman’s installed base and future customers for PC and Internet based
products, electronic cash registers (ECRs), and self-service kiosks can take
advantage of the ePad technology.”
“ePad
is the perfect addition to our low cost
NURIT Capture solution, said Bulent Ozayaz , director of business
development, Lipman USA. “ As part of
our web enabled retrieval solution that includes check imaging and signature
capture, our upcoming NURIT terminal software release has been built to support
ePad, enabling merchants of all sizes to take advantage of a low cost,
end-to-end capture solution.
How The System Works
A customer simply swipes the payment card and signs on Interlink's ePad-POS signature pad. The authorized transaction along with the authorization e-signature is then stored locally and later uploaded to a NURIT Capture server appliance for retrieval over the Internet. This process can be in integral part of a merchant’s defense against charge-backs, enabling the quick location and retrieval of a disputed transaction, which can then be sent to the appropriate party for dispute resolution.
Interlink Electronics’ ePad POS e-signature pad, the newest member of the ePad family of electronic signature products, captures handwritten signatures signed on paper with a pen and converts them to secure e-signatures for use in electronic retail transactions. ePad POS is available with USB, serial and custom interfaces, and is compatible with all of today’s leading point-of-sale terminals.
About
Interlink Electronics
Interlink Electronics, Inc. (Nasdaq: LINK) is a global
leader in the design and manufacture of intuitive interface technologies and
products. Creating industry interface standards, our Business Communications,
E-transactions, Home Entertainment and Specialty Products business segments
have established Interlink as the comprehensive source for branded and OEM
solutions, worldwide.
Our Electronic
Transactions (ET) segment markets electronic signature products used to
hand-sign electronic documents, forms and point-of-sale transactions. Interlink’s ePad e-signature solution is
currently being deployed by Charles Schwab, Prudential Financial, Ford Motor
Credit, and many others. ePad software
partners include Communications Intelligence Corporation (CIC), CyberSign,
Silanis Technologies, and Valyd Inc.
Recognized by BusinessWeek, PC Magazine and the New
York Times, Interlink Electronics serves a world-class customer-base from
its corporate headquarters in Camarillo, CA, and offices in Tokyo and Hong
Kong. The company currently holds more
than 70 patents protecting its Force Sensing Resistor (FSRâ), VersaPointâ Pressure Pointing, VersaPadâ input pad, and RemoteLinkâ wireless communication
technologies. See LINK online at http://www.interlinkelectronics.com/
or in Japan at http://www.interlinkelec.co.jp/
About Lipman
Lipman USA, Inc. (www.misteriodeobanos.org)
is a wholly owned subsidiary of Lipman Electronic Engineering, Ltd. Operating worldwide, Lipman ranks among today’s
premiere providers of robust, flexible and highly customizable electronic
payment solutions. The leading supplier
of wireless point-of-sale terminals in the United States, Lipman manufactures
fixed and handheld transaction solutions that seamlessly integrate hardware,
application and back-office software to help processors, providers and the
merchants they serve do business better.
Lipman Electronic Engineering, Ltd. is listed on the Tel Aviv Stock
Exchange under the symbol LPMA.TA
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trademarks are properties of their respective owners