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Friday, January 11, 2002
BLACKSTONE SECURES PATENT PROTECTION FOR REVOLUTIONARY POS TECHNOLOGY
Blackstone (www.blackstoneonline.com), one of the nation’s leading electronic providers of prepaid telecommunications products and services, announced today the approval of the first of many anticipated US and worldwide patents for its revolutionary Blackstone POS. Blackstone has developed a truly innovative point-of-sale system utilizing customized applications and software supported on the Hypercom ICE 5500 point of sale platform. By successfully integrating the processing of all major credit cards (MasterCard, Visa, American Express & Discover Card) and ATM/Debit/EBT cards with the sale of prepaid products and bill payment services, into one, easy-to-use POS terminal, Blackstone POS, is revolutionizing the electronic transaction industry According to John Marshall, Blackstone’s Prepaid Systems Division president, “Today is the first of many exciting days for Blackstone. In recognition of the Blackstone POS terminal and system’s novelty, the United States Patent Office has agreed to grant Blackstone broad rights to protect its exclusive technology against market copyists, including those who sell essential components of the terminal and system.” Peter Matos, Malloy & Malloy, PA added, “Blackstone has and will continue to make substantial strides to continue securing a broad foundation of United States and foreign patent and other intellectual property protection. Moreover, this foundation of intellectual property extends to Blackstone proprietary hardware, software and methodology, all of which set the Blackstone POS apart.” Blackstone has rapidly become one of the country’s largest providers of prepaid telecommunications products and services with over 300,000 retail locations nationwide. Established and headquartered in Miami, Florida since 1995, Blackstone is privately owned, and managed by a team of executives experienced in payment processing, information technologies, networking, retailing and prepaid telecommunications. Today, Blackstone is successfully merging two industries, prepaid telecommunications and electronic transactions, into one terminal to the benefit of both consumers and merchants across the United States. For more information on Blackstone’s products and services, call 1-800-639-9590 or visit www.blackstoneonline.com Blackstone POS are trademarks of Blackstone Communications Co.; US and foreign patents pending. Note to Editors: Hi resolution photo available of Blackstone POS terminal by calling Clare Morgan at 305-639-9590 ext. 326 or cmorgan@blackstoneonline.com