BioPay and Agilysys Align to Integrate Biometric Technology into Point-of-Sale
Applications
Alignment Offers Biometric Payment Solutions to Merchants Nationwide
Herndon, VA — June 7, 2004
Biometric payments leader BioPay, LLC and Agilysys, Inc. (NASDAQ: AGYS), a leading
enterprise computer solutions company, have agreed to bring biometric payment systems to
merchants across the nation. As part of this agreement, Agilysys will offer an interface
that easily integrates BioPay's leading biometric payment technology in to point-of-sale
systems, including IBM's supermarket applications.
"Agilysys looked at all of the biometric companies with retail experience and determined
BioPay is uniquely positioned in the retail marketplace," said Robert Bailey, executive vice
president of Agilysys. "BioPay gives merchants a platform to electronically verify and
process point-of-sale transactions simply using a person's unique biometric while
significantly reducing transaction costs. We believe Agilysys customers will reap the
rewards from this partnership."
"BioPay's solutions offer significant improvement and security to retail transactions and
payments," said Tim Robinson, president of BioPay. "The combination of Agilysys' retail
solutions and services expertise and BioPay's leading biometric technology position both
companies to continue leading in their respective markets and help drive the adoption of
biometric payments."
Benefiting from Biometrics
BioPay has developed market-leading applications that use
biometrics to deliver increased convenience to customers and proven security to financial
applications. Biometrics are the measurement of a person's unique physical characteristics;
a fingerprint, for example. Because they can't be stolen, lost or easily replicated, they
offer the highest form of security for both the merchant and consumer.
Integrating BioPay's biometric technology with the Agilysys interface technology gives
more merchants the ability to reduce their transaction processing costs while accepting a
secure, low-cost form of payment that substantially reduces fraud and related losses. In
addition, the integrated solution gives consumers the most convenient and secure way to pay
for purchases. The new solution will also help retailers track customer loyalty, initiate
clerk register log-ins, and expedite manager override transactions.
About Agilysys, Inc.
Agilysys, Inc. is one of the foremost distributors and premier
resellers of enterprise computer technology solutions. It has a proven track record of
delivering complex servers, software, storage and services to resellers and corporate
customers across a diverse set of industries. In addition, the company provides
customer-centric software applications and services focused on the retail and hospitality
markets. Headquartered in Cleveland, Ohio, Agilysys has sales offices throughout the U.S.
and Canada. For more information, visit the Company's website at
www.agilysys.com.
About BioPay, LLC
Since 1999, BioPay has been providing smart, secure methods for processing financial transactions.
Its Paycheck Secure systems help businesses substantially reduce fraud and give consumers a
convenient method for cashing checks. BioPay's payment service offers merchants a low-cost form of
customer payment and gives consumers a secure, fast and convenient way to pay for purchases.
BioPay's patent-pending systems for merchants, banks and financial service organizations have been
implemented across the nation. BioPay's value to consumers and merchants has created the nation's
largest commercial electronic biometric database. For more information on BioPay and its
market-leading products please visit www.biopay.com.
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