Leading Photo Kiosk Developer Chooses Transaction Network Services For Cashless Vending Solution; Fantasy Entertainment Again Shows Industry Leadership and Innovation
RESTON, Va.–(BUSINESS WIRE)–Oct. 26, 2005–Transaction Network Services (TNS), Inc. (NYSE:TNS), a leader in the delivery of business critical, time sensitive transaction data, today announced it has been selected by Fantasy Entertainment(R), a leading supplier of innovative self-service imaging kiosks, to equip their photo booths with the Synapse cashless vending solution from TNS. The Synapse cashless vending solution allows consumers to use credit and debit cards for payment, offering consumers additional convenience and choice regarding payment.
“The Synapse Vending solution allows our customers much appreciated payment flexibility,” said Dale Valvo, CEO, Fantasy Entertainment. “The cashless option will deliver increased sales volume at our existing kiosks, and will also provide us with the capability to introduce new products of higher value to customers.”
“This is exciting technology, and TNS has demonstrated its commitment to growth and innovation in the cashless vending arena,” said Heidi Goff, executive vice president of the POS division, TNS. “Because Fantasy Entertainment’s kiosks differ from the standard vending machine, the company required a solutions provider that is able to think and act outside the box. We are pleased to be able to work with the industry leader on this project.”
Synapse Vending by TNS is a market-ready solution that can be quickly installed in existing vending machines and comes with wireless connectivity that eliminates the need to hardwire machines. “Synapse Vending by TNS is a complete bundled end to end solution; meaning the solution includes hardware, communication services, card processing, settlement and Internet-based reporting,” said John Powell, vice president Vending Services, TNS. “Synapse for Vending provides a vending route operator with a single source for all their cashless vending needs.”
About Transaction Network Services
Transaction Network Services is one of the leading providers of business-critical, cost-effective data communications services for transaction-oriented applications. TNS provides rapid, reliable and secure transaction delivery platforms to enable transaction authorization and processing across several vertical markets and trading communities.
Since its inception in 1990, TNS has designed and implemented multiple data networks, each designed specifically for the transport of transaction-oriented data. TNS’ networks support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods. TNS’ network technologies have been deployed in the United States and internationally, and TNS’ networks have become preferred networks servicing the trading community, wireless and wireline carriers, and the card processing and dial-up automated teller machine markets. For further information about TNS’ transaction solutions, please refer to www.tnsi.com.
About Fantasy Entertainment
Fantasy Entertainment(SM), headquartered in Hudson, NH is the largest owner operator of electronic self-service photo imaging systems in North America. Founded in 1995, the privately held company owns and operates 3,000 entertainment photo imaging kiosks such as Foto Fun Strips, Portrait Studio(R) and Sketch Express(TM)
Fantasy Entertainment is currently exporting self-service photo imaging systems to over 25 countries and was named SBA’s “2004 NH Small Business Exporter of the Year.” Fantasy has booths located within marquis destinations such as: Disney, Sea World, Six Flags, major mall developers, zoos, museums, aquariums, casinos and hundreds of other high traffic outlets and tourist locations. “ABC’s Extreme Makeover: Home Edition” has also featured their product, Foto Fun Strips on a recent episode.
For more information about Fantasy Entertainment products, contact their sales department at 603-324-3240 or log onto www.fantasyent.com
The statements and information contained in this press release that are not descriptions of historical fact may contain forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond TNS’ control, which could cause actual results to differ materially from historical results or performance and from any opinions or statements expressed with respect to future periods. TNS disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this press release.