Spindle Now Offering NCR Silver Mobile Point-of-Sale System
SCOTTSDALE, AZ -- (Marketwire) -- 02/25/13 -- Spindle, Inc. (OTCBB:
SPDL), a major provider of mobile payments solutions, today announced
they have entered into an agreement with NCR Corporation to re-sell
NCR Silver, a mobile point-of-sale (POS) system, to small- and
mid-sized businesses. Combining the Spindle mobile payment platform
with NCR Silver enables businesses to manage POS activities,
including inventory management, sales data and other analytics from
iOS smartphones and tablets.
As part of its relationship with NCR, Spindle will offer NCR Silver
through its distribution channel along with Spindle's mobile commerce
platform that includes mobile payment, loyalty and rewards redemption
and merchant-specific alternative payment types.
"NCR clearly recognizes the growing role that mobile commerce plays
in the retail and hospitality industries, as well as other vertical
markets," said Bill Clark, president of Spindle. "They are taking a
leadership role in driving the evolution of mobility into the POS
space. We're proud to be associated with this global leader and look
forward to working with them to deliver an advanced mobile commerce
solution that will meet the evolving needs of small- and medium-sized
"The combination of NCR Silver and Spindle technology is an impactful
development for merchants that are looking to maximize their POS
investments," said Stephanie Atkinson, president of Compass
Intelligence, a leading market research firm that specializes in
mobile commerce. "The addition of a flexible mobile payments solution
to the NCR Silver infrastructure creates a creative enhancement for
legions of small merchants. We anticipate that this comprehensive
solution will be particularly attractive as more and more businesses
look to seamlessly integrate mobility into their POS systems."
"We're delighted Spindle has chosen to combine their offerings with
NCR Silver to support the growing number of small businesses looking
for mobile payment solutions," said Christian Nahas, vice president
and general manager of the NCR small and medium-sized business group.
"Spindle's mobile payments platform complements the NCR Silver
architecture and provides Spindle's distribution channel
compelling offering for meeting the needs of today's small businesses
and their customers."
About Spindle, Inc.
Spindle is an innovator of mobile payment solutions for the banking
industry, retail sector and consumer-facing companies. A pioneer in
"Frictionless Finance," the company is actively developing new and
improved ways for companies and end consumers to fluidly transact and
exchange funds, regardless of platform. The Company is dedicated to
delivery of secure payment services crossing traditional boundaries
by offering cutting-edge solutions that enable buyers, sellers and
individuals to transact face-to-face or virtually using mobile or
internet devices. The Company also owns and has developed an
extensive intellectual property portfolio, including patents pending,
covering networks, mobile payments and security. For more
information, visit www.SpindleHQ.com.
This release includes forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. All
statements regarding our expected future financial position, results
of operations, cash flows, financing plans, business strategy,
products and services, competitive positions, growth opportunities,
plans and objectives of management for future operations, as well as
statements that include words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and other similar expressions are forward-looking statements.
All forward-looking statements involve risks, uncertainties and
contingencies, many of which are beyond our control, which may cause
actual results, performance, or achievements to differ materially
from anticipated results, performance, or achievements. We are under
no obligation to (and expressly disclaim any such obligation to)
update or alter our forward-looking statements, whether as a result
of new information, future events or otherwise.
Public Relations Contact
Chief Executive Officer
Parallel Communications Group
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