Vianet wins contract with Visa Europe (1683S)
16 November 2011 - 8:00AM
UK Regulatory
TIDMBRU
RNS Number : 1683S
Brulines Group PLC
16 November 2011
Press Release 16 November 2011
Brulines Group plc
("Brulines" or "the Group")
Vianet wins contract with Visa Europe
Brulines Group plc (AIM:BRU), the leading provider of real time
monitoring systems and data management services for the leisure and
forecourt solutions sectors, is pleased to announce that its
subsidiary Vianet has secured a contract with Visa Europe to
provide contactless payment technology for the vending machines
located at its European headquarters in Paddington and its offices
in Reading and Basingstoke.
Visa Europe is the driving force behind the growth of
contactless payments in Europe. The growth of contactless-enabled
cards in circulation in the UK has been substantial, and the figure
of 17 million contactless-enabled cards currently in circulation is
expected to exceed 30 million by the end of 2012 (source: Visa
Europe).
The Vianet project, which has seen its cutting-edge contactless
acceptance solution, Touch&Pay(TM), installed on a dozen
vending machines across Visa Europe's three UK offices, has been
met with a positive response from Visa staff and visitors. More
than 10,000 contactless transactions have been processed in just
six months.
The results of the project demonstrate the potential for
contactless payments in the vending industry. Contactless
technology allows customers to pay for low-value items by
presenting their bank card or NFC-enabled mobile phone to a special
reader fitted on the front of the vending machine, helping reduce
the time it takes to pay.
Mark Austin, Head of Contactless at Visa Europe commented: "We
have been working with Vianet since summer last year and they have
quickly delivered a reliable and efficient solution. Having gone
live with our project in the spring, we didn't expect the
10,000(th) contactless transaction milestone to pass so
quickly.
"We believe that there is a significant opportunity for
contactless in the vending industry and we look forward to seeing
wider deployment of contactless technology."
James Dickson, CEO of Brulines, said: "The Board is pleased to
have secured a contract with such a well-known name as Visa;
contactless payment is extremely well-suited to the vending sector
given the transaction value of purchases, and we are excited that
Vianet is at the forefront of this sector. The pilot with Visa has
shown very encouraging results, and we look forward to a
longstanding partnership with them."
- Ends -
Enquiries:
Brulines Group plc
James Dickson, Chief Executive Tel: +44 (0) 1642 358
800
james.dickson@brulines.com
Cenkos Securities plc
Stephen Keys / Camilla Hume Tel: +44 (0) 20 7397
8900
www.cenkos.com
Media enquiries:
Abchurch Communications
Joanne Shears / Mark Dixon / Oliver Tel: +44 (0) 207 398
Baxendale oliver.baxendale@abchurch-group.com 7729
www.abchurch-group.com
About Brulines
Brulines Group is focused on the provision of real time
monitoring systems and data management services for the UK's
leisure and petrol forecourt sectors. Since its admission to AIM in
2006, the Group has grown both organically and through a series of
strategic acquisitions to give the Group access to key vertical
markets. The Group operates two divisions which comprise five key
products:
LEISURE DIVISION
Dispense Monitoring The Group's core product, DMS, is widely used
(DMS) by owners and operators within the UK licensed
on-trade, especially the tenanted / leased
pub sector. Flow meters connected to draught
beer dispense lines send data via an on-site
communication panel to a secure central database.
Liquid volumes by fount, draught wine or post
mix are tracked as they are served, thereby
helping customers to maximise sales, service
and quality as well as managing their costs.
DMS is installed in over 22,000 pubs and manages
data for more than one in three UK pubs.
i-draught A more recent and rapidly growing product offer is i-draughtTM, an extension of the Group's
(formerly BQM) DMS, which scrutinises the quality of products running through beer lines in a bar; measuring
volume, temperature, flow rate and liquid type (e.g. beer, cleaning fluid or water) at the
point of dispense. i-draught is the first system to provide effective measurement of true
yields on draught products. Actual dispense volumes are compared with till transactions to
identify shrinkage from products given away, pilferage and wastage. i-draught measures the
precise temperature of every pint as it is dispensed, the time taken to dispense each drink,
and automatically identifies the liquid allowing customers to know exactly when lines are
cleaned. Wherever they are, customers can stay in control through accessing their information
on a secure web site.
Gaming The acquisition of Coin Metrics in May 2007 was a strong strategic fit with Brulines' existing
Machine Data Machine Insite business which already provides gaming machine data management and consultancy
Services services to operators within the pub, club and leisure markets. Customers benefit from
state-of-the-art
real-time data capture and reporting systems that deliver improved machine profitability and
operational security.
Vending The Group's subsidiary Vianet is a pan-European provider of telemetry and cashless solutions
Telemetry and data applications to the vending industry. Vianet provides services for all vending
management
needs; from operations, sales, field services, national accounts to senior management.
FUEL SOLUTIONS DIVISION
UK Petrol The Group's wholly-owned subsidiary, Edensure, supplies
Forecourt key management information to independent, multi branded
Data Services owner, and supermarket petrol forecourt operators in
the UK which helps reduce loss of fuel and improve profitability.
Edensure provides petrol retailers with an unrivalled
level of accuracy in the monitoring and management of
their wet stock, using the most sophisticated analytical
techniques available worldwide.
This division has been further strengthened by the acquisitions
of Energy Level Systems in March 2010, the UK distributor
of OPW Fuel Management Systems tank gauging solutions,
and Retail & Forecourt Solutions in June 2010, the market
leader in fuel pump calibration, adjustment and legal
verification, and also a leading provider of forecourt
audit and compliance services. The acquisition of LBI
Installations Ltd, also in June 2010, brought additional
expertise in the area of web-based contract management
solutions for forecourt operations.
Headquartered in Stockton-on-Tees, Brulines employs more than
240 people.
For further information, please visit www.brulines.com
This information is provided by RNS
The company news service from the London Stock Exchange
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