ATLANTA--()--Radiant Systems, Inc. (Nasdaq: RADS) today announced that it has launched Aloha 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.
“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”
“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.”
About Radiant Systems, Inc.
Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality and retail industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems:
About Landry’s Restaurants, Inc.
The Company is a national, diversified restaurant, hospitality and entertainment company principally engaged in the ownership and operation of full-service, casual dining restaurants, primarily under the names of Rainforest Cafe, Saltgrass Steak House, Landry’s Seafood House, Charley’s Crab, The Chart House, and the Signature Group of restaurants. The Company is also engaged in the ownership and operation of select hospitality businesses, including the Golden Nugget Hotel & Casino in Las Vegas and Laughlin, Nevada.
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the Company’s reliance on a small number of clients for a large portion of its revenues, fluctuations in its quarterly results, its ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
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