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Thursday, February 01, 2001
BLACKSTONE POS COMPLETES FIRST MILLION IN TRANSACTIONS
Blackstone, one of the nation's leading providers of prepaid products and services, announced today that their innovative point-of-sale terminal has successfully completed its first $1,000,000 in transactions. Blackstone POS has revolutionized the electronic transaction industry by integrating the processing of all major credit cards (MasterCard, Visa, American Express and Discover Card), check verification and truncation, signature capture, and bankcards/ATM/debit cards with the sale of prepaid phone cards into one, easy-to-use terminal. According to Janet Sancho, Blackstone's POS division manager, "We were fortunate, our market research was accurate and the merchants have received our terminals positively. We are now going to spend the next twelve months introducing our "All in One Solution" to our distributors and retailers across the country." Michael Acton, Blackstone's general manager adds, "We have seen a tremendous increase in cellular and calling card sales from POS merchants. Much of the increase comes from POS merchants who have never sold prepaid products before - dry cleaners, pizzerias, florists - the list keeps growing!" Blackstone has rapidly become one of the country's largest providers of prepaid telecommunications products and services with over 300,000 retail locations nationwide. In addition to the industry's widest assortment of prepaid phone cards, prepaid and postpaid cellular products, Blackstone offers the most technologically advanced point-of-sale system on the market today. For more information on Blackstone's products and services, please call 1-800-639-9590 or visit www.blackstoneonline.com