| To: Stephen O who wrote (32) | 8/4/1998 5:33:00 PM | | From: Ally | | | |
Stephen,
This announcment came out last week... another retail chain going with the Ernex system.. good for CSI. Expecting tremendous increase in revenue for the company compared to last year!
CSI CREDIT SYSTEMS INTERNATIONAL INC. - SUPERSTAR GROUP LAUNCHES MAJOR
LOYALTY INITIATIVE WITH CSI
BURNABY, BRITISH COLUMBIA--
CSI Credit Systems International Inc. President James Christensen
announced today that the Superstar Group Ltd., a Richmond based
group of sport apparel and footware companies, has chosen CSI to
develop and operate a customer loyalty system for them. The
program will be operated at 54 store locations in British
Columbia, Alberta and Ontario.
The Superstar Group will be launching two customer tracking and
loyalty programs using CSI's ERNEX(TM) system. The Superstar
Ultimate Card program will operate at Superstar, Planet
Superstar, Lady Superstar, Superstar Kids, Champion Store, Adidas
Store and Nike Shop locations. The Shoes Strings Plus Club card
program will operate at all Shoe String locations. ERNEX features
such as Instant Win and Electronic Gift Cards will be used in
addition to the "points" based rewards program. CSI's terminals
will also be used to process credit card and Interac debit card
payments at all locations.
The real-time ability of ERNEX will inform Superstar customers of
their "point" totals immediately at the point of sale, by
printing the information on the customer's receipt. CSI will
provide detailed reporting on participating customers purchase
patterns to Superstar management on an on-going basis. CSI
derives revenue from the sale of its GT-100 terminals and the
processing of loyalty transactions.
"CSI's experience in executing card based loyalty solutions and
the ease of integrating their solution into our retail operation
were big factors in choosing CSI," says Andrea Johnston, Chief
Financial Officer for the Superstar Group. "ERNEX's host based
flexibility means that future program improvements will be quick
and cost effective, preserving our ability to keep programs fresh
for our customers. This program is a major initiative for us and
CSI has become an important partner."
"Superstar is a leader in their industry and we are very pleased
to have such a high profile client participate in the ERNEX
network," says James Christensen, President & CEO of CSI.
"Superstar is a believer in the value of customer loyalty and
retention."
CSI is positioned to lead businesses into the future through the
innovative management of transaction information utilizing its
multifunction point of sale terminals and advanced parking
equipment, value-added card programs and data collection.
On behalf of the Board of Directors
per: "James Christensen"
James Christensen, President
For more information on CSI please contact
Caren Holtby
(604)415-1500
choltby@csicredit.com
www.csicredit.com
The Vancouver Stock Exchange has neither approved nor disapproved
the contents of this release.
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| To: Spock who wrote () | 8/11/1998 5:51:00 PM | | From: Ally | | | |
Kevin,
Pretty quiet on this thread. Where's everybody. Keeping your heads down now that the market is seemingly undergoing a correction?
I sent an e-mail to the newly appointed IR person asking about Y2K compliance. Had a quick response from her, which is a good sign, however, she wasn't able to answer the question.. still not up to speed yet, she said. I hope CSI will be monitoring this thread and addressing questions or concerns raised on this thread. This would demonstrate that it has a progressive IR program.
In the meantime, I observed International Verifact in their quarterly report mentioned for the first time "loyalty marketing" as a service IVC offers. Have not been able to confirm what exactly is the IVC's loyalty system, but I doubt it would be similar to Ernex. |
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| To: Ally who wrote (34) | 8/13/1998 3:32:00 PM | | From: ED BAARTMAN | | | |
About the Y2K problem, I spoke to the CEO James Christensen a few months ago and asked him the same question. He assured me that it was not going to be an issue since all the software is relatively new.
Ed B. |
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| To: Stephen O who wrote (37) | 9/22/1998 2:43:00 PM | | From: keith schaefer | | | |
Year end results
CSI Credit Systems International Inc
CSU
Shares issued 10,062,500
1998-09-18 close $0.84
Tuesday Sep 22 1998
Mr. James Christensen reports
In 1998, CSI achieved the transformation from a product based company to a
service based company. A change that has been in development over the last two
years, culminating in the company posting record sales and a record gross margin.
Year to date sales of $2,213,574 were up 30 per cent versus the same period last
year. Gross margin increased to 72 per cent up from 55 per cent in 1997.
Expenditures for R&D were $485,989, incurred to complete the ERNEX system
and develop CSI Parking Systems' new ticketing system the CTD 6000.
During this quarter, CSI enjoyed continuing success in expanding the adoption of
ERNEX, as the technology leader for real time customer loyalty solutions by:
certifying CSI's GT-100 by First Data Corporation is completed. Certification
enables CSI to process credit and debit card transactions to First Data's central
processing system. First Data is the largest transaction processor in the United
States; and, installing 500 CSI GT-100 terminals for Best Western Hotels Inc.
across North America. CSI's GT-100 terminal was chosen for its ability to
transmit transaction information through V-Sat, a satellite network operated by
Hughes Network Systems.
CSI Parking took steps to solidify the management team and provide a transaction
processing solution that particularly fits the United States market by: hiring a
president of CSI Parking. This strategic move allows CSI Parking the freedom to
focus on its core business, unattended parking systems; and, completing
development of the CTD 6000 ticketing system, a multifunctional ticketing system
that accepts bills and processes information for the unattended parking market.
FINANCIAL HIGHLIGHTS
Year ended May 31
(thousands of dollars)
1998 1997
Revenue $ 2,213 $ 1,708
Net income (513,171) (375,684)
Earnings per
share (5 cents) (4 cents)
FINANCIAL HIGHLIGHTS
Three months ended May 31
(thousands of dollars)
1998 1997
Revenue $ 503 $ 704
Net income (170) (67)
Earnings per
share (1.6 cents) (.7 cents)
It's coming, but the growth is going to have to be better than 30% for the stock to go. |
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| To: keith schaefer who wrote (38) | 10/14/1998 2:06:00 PM | | From: Stephen O | | | |
CSI CREDIT SYSTEMS INTERNATIONAL INC ("CSU-V")
- Family Golf Chooses CSI'S Ernex(tm) Service
- CSI's First Customer Loyalty Program In U.S
CSI Credit Systems International Inc. ("CSI") announces the launch of CSI's first ERNEX(tm) program in the United States with Family Golf Centers, Inc.("Family Golf") of New York.
Family Golf will initially install 12 pilot locations with the ERNEX service in Florida, Georgia, and South Carolina. An expected rollout to all Family Golf locations will occur after the successful completion of the three-month pilot. Any golfer will have the opportunity to become a member of the "Family Golf Rewards Club" for a small fee. Membership has been designed to offer golfers both immediate and long-term rewards. ERNEX will enable the real-time fulfillment of this program by pushing messages out to the customer alerting them when they are eligible for their benefits.
These benefits can either be redeemed immediately or the next time they visit any Family Golf location. ERNEX will track purchases made by product category and will send up-to-the-minute point balances, which will be printed on the member's receipt.
Family Golf will operate the ERNEX service on CSI's GT-100 transaction terminal. CSI will derive revenue through the rental of GT-100 terminals, transaction fees and management of the Family Golf Rewards Program. Family Golf owns and operates 116 golf centers, including 21 Golden Bear Golf Centers licensed from Jack Nicklaus' licensing company, Golden Bear International. The centers are devoted to offering a variety of high quality golfing experiences to every member of the family, regardless of age or skill level. Each of the centers in the company's expanding national network provides a selection of practice opportunities including a year-round driving range, facilities for chipping, putting, pitching and sand play, golf instruction and clinics, a miniature and/or par-3 golf course, well-equipped pro shop and snack bar.
"We are extremely excited about launching our first real-time ERNEX
customer in the United States," says James Christensen, President of CSI. "This gives CSI the opportunity to showcase the ERNEX service through-out the United States as the best in class, real-time loyalty solution."
CSI Credit Systems International Inc. is a transaction information company specializing in business-to-customer transactions. CSI offers retail businesses the opportunity to market products and services on a customer specific basis through a comprehensive and fully integrated network of customer information gathering software and hardware.
website: www.csicredit.com Oct/14/ 98 |
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| To: Spock who wrote () | 10/14/1998 6:36:00 PM | | From: Stephen O | | | |
CSI Cred Sys: First Quarter Fiscal 1999 Financial Results 10/13/98
CSI CREDIT SYSTEMS INTERNATIONAL INC ("CSU-V")
- First Quarter Fiscal 1999 Financial Results
- Q1 Sales Up 131% versus Prior Year
CSI Credit Systems International Inc. ("CSI") announces financial
results for first quarter of fiscal 1999 ending August 31, 1998.
CSI enjoyed rapid growth in revenues this quarter achieving record sales of $966,836 up 131% over the same period last year. Cash increased 136% over last year to $657,000 following the exercise of 1,032,225 warrants for a total of $723,658. Shares issued and outstanding now total 11,912,907.
During this quarter, our primary business accomplishments included:
* Shipment of 400 CSI GT-100 terminals for Best Western Hotels
Inc. representing 80% of the total order, the balance will
be completed in the second quarter.
* Establishment of an alliance with DataCard Financial Systems
Corp. ("DataCard") of Minneapolis, MN, to market ERNEX(tm)
loyalty programs as a value-added feature for its own
transaction terminals, which gives CSI access to its first
significant distribution channel in the United States.
* Launch of two customer tracking and loyalty programs using
CSI's ERNEX service by Superstar Group Ltd. of Vancouver,
BC, at 54 store locations in Canada. In addition, Superstar
Group purchased CSI's GT-100 terminals to process
transaction information at all locations.
In (C$ 1000)
Revenue Net Income -EPS-
Q1 / 99 - Three months to
August 31, 1998 $ 966 $ ( 97) $(0.008)
Q1 / 99 - Three months to
August 31, 1997 $ 418 $ ( 122) $(0.012)
% Change 131% 20%
A reorganization of CSI Parking Systems Inc. ("CSI Parking") is now complete. This change allows both companies to focus on their respective businesses and increases management incentive in CSI Parking. The reorganization included an equity investment of $126,200 in CSI Parking by two officers of that Company. The investment creates a 15% minority interest in CSI Parking which was previously a 100% owned subsidiary of CSI.
CSI Credit Systems International Inc. is a transaction information company specializing in business to customer transactions. CSI offers retail businesses the opportunity to market products and services on a customer specific basis through a comprehensive and fully integrated network of customer information gathering software and hardware.
CSI Credit Systems Int'l. Inc.
August August % Change
31/98 31/97 Yr / Yr
Condensed Balance Sheet (Cdn$)
Current Assets 1,731,574 993,988 74%
Capital Assets and Marketing
Rights 525,187 429,860 22%
$2,256,761 $1,423,848 58%
Current Liabilities 526,993 431,609 22%
Non-controlling interest 43,189 -
Shareholder's Equity 1,686,579 992,239 70%
$2,256,761 $1,423,848 58%
Condensed Statement Of Operations - Three Months Ended:
Sales 966,836 418,948 131%
Gross Margin 455,854 422,088 8%
Operating Expenses 572,114 544,243 5%
Net Income (Loss) before
non-controlling interest $(116,260) $(122,155) 5%
Non-controlling interest (18,731) -
Net Income (Loss) (97,529) (122,155) 20%
Earnings (Loss) per Share $(0.008) $(0.012) |
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| To: Stephen O who wrote (40) | 1/20/1999 1:03:00 PM | | From: Stephen O | | | |
Rocky Mountain Chocolate Factory Chooses CSI's ERNEX(tm) System
Offering ERNEX Real Time Points And E-Gift Cards
CSI Credit Systems International Inc. announces that the Rocky
Mountain Chocolate Factory, a Burnaby based confectionery company, will launch a customer loyalty program using CSI's ERNEX system and CSI's GT-100 terminals for all its corporate-owned locations in Canada.
Rocky Mountain Chocolate Factory owns 11 stores and has franchised an additional seventeen (17) stores throughout Canada. The company specializes in quality, hand-made chocolate and confectionery products. The GT-100 terminals will enable Rocky Mountain to launch the ERNEX E-Gift Card, an electronic plastic card gift certificate, and the ERNEX real time points system. CSI is developing a real-time points program to replace Rocky Mountain's existing discount based loyalty program that will allow Rocky Mountain Chocolate Factory to track high-value customers and market to them more effectively. The ERNEX programs will be initially launched at the 11 corporate-owned stores. The terminal system will also handle all credit and Interac processing for the stores. Installation is targeted for early spring.
Rocky Mountain Chocolate Factory's Canadian operation is owned by
Immaculate Confections, of Burnaby, BC. There are 221 Rocky Mountain
Chocolate Factory Stores in the United States with headquarters in Durango, CO.
"CSI has an innovative solution which fits with our culture." Says Rocky Mountain President Brian Kerzner, "The real-time aspect of ERNEX ensures simplicity, security, and excitement for both our stores and, more importantly, our customers.".
"We are very excited with Rocky Mountain Chocolate Factory's decision to use the ERNEX system." said James Christensen, President "Rocky Mountain is a leader in their chosen field and will be an excellent partner to showcase ERNEX".
CSI Credit Systems International Inc. is a transaction information company specializing in business-to-customer transactions. CSI offers retail businesses the opportunity to market products and services on a customer specific basis through a comprehensive and fully integrated network of customer information gathering software and hardware
TEL: (604) 415-1517 J. Caren Holtby, Corporate Communications
email: choltby@csicredit.com
website: www.csicredit.com
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| To: Stephen O who wrote (41) | 1/26/1999 5:44:00 PM | | From: Stephen O | | | |
Nike chooses ERNEX
CSI CREDIT SYSTEMS INTERNATIONAL INC ("CSU-V") Nike To Launch CSI's Ernex(tm) Real-time Points Program
- Ernex To Be Installed In "Nike To"
Credit Systems International Inc. announces that NIKE Canada Ltd. will launch the ERNEX electronic marketing system at its new flagship store in Toronto on April 1st, 1999. System installation begins today.
NIKE, one of Canada's largest athletics footwear producers, is set to launch ERNEX points at its flagship store April 1st, 1999. ERNEX real-time points will enable NIKE to learn more about their top customers and help them create a stronger relationship between their customers and the NIKE brand store. ERNEX will track customers making purchases at 'NIKE TO' and provide the data to NIKE Canada for targeted marketing campaigns.
The initial program at "NIKE TO" is a pilot. Rollout to the remaining five (5) Canadian locations is expected late in 1999. NIKE in the United States has 71 locations, comprised of eleven (11) NIKE towns (massive superstores), two superstores and 58 factory outlets.
"This is a fabulous opportunity for ERNEX to demonstrate the power of
real-time marketing." says President, James Christensen. "NIKE is one of the world's premier retailers. For them to choose ERNEX as the solution of choice is a huge vote of confidence."
"NIKE Canada is looking at the ERNEX solution as a brand enhancing
opportunity that allows us to really connect with our customers" stated Grace Zeppilli, Director of Retail for NIKE Canada.
CSI will derive immediate revenue from the sale of eleven (11) GT-100 transaction terminals, recurring revenue from the operation of ERNEX real-time programs, and program consultation.
CSI Credit Systems International Inc. is a transaction information company specializing in business-to-customer transactions. CSI offers retail businesses the opportunity to market products and services on a customer specific basis through a comprehensive and fully integrated network of customer information gathering software and hardware
TEL: (604) 415-1517 J. Caren Holtby, Corporate Communications
email: choltby@csicredit.com
Internet: www.csicredit.com
______________________________
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