October 27, 2003
LONG BEACH, Calif. -- ParTech Inc., a provider of software, hardware and service solutions to the hospitality and retail industries, and Quick Kiosk, a provider of self-service solutions to the quick-service restaurant (QSR) industry, have formed a strategic partnership.
Under the agreement Quick Kiosk and ParTech will work cooperatively to become a provider of self-service solutions for the QSR and entertainment markets, possibly expanding in the future to other vertical markets, according to a news release.
"We are thrilled to ally ourselves with the most dominant player in the QSR point-of-sale (POS) market," said Todd Liebman, president of Quick Kiosk. "The potential of this type of strategic alliance is truly limitless. By combining our strengths, we can offer a product that will not only fulfill the needs of today's quick-service franchisees, as well as other hospitality and leisure markets, and their customers, but help anticipate future changes in those needs and meet them expeditiously and effectively."
Said Greg Cortese, chief executive officer and president of ParTech Inc."This partnership further connects ParTech with its core customers (restaurants, movie theatres, cruise lines, commercial banks, recreation sites) and their hospitality technology requirements."
He added, "Quick Kiosk's presence in the hospitality marketplace is a key method to further introduce combined (PAR/Quick Kiosk) solutions to other transaction based markets and showcase the superior quality of the software, hardware, and services of both Quick Kiosk and ParTech."
Self-service QSR ordering kiosks are one of the newest uses of self-service technology, and for the small number of owner/operators who now use them, the results have easily exceeded expectations. Self-service helps increase the average total receipt, increases repeat business, gets orders correctly every time, improves point-of-purchase merchandising and increases productivity.
As a subsidiary of Kinetics, Inc., Quick Kiosk will be able to utilize the expertise of the company that pioneered the modern airline self-service era. Kinetics now provides self-service technologies to 10 major North American airlines that offer self-service check-in services to their passengers, representing more than two-thirds of the total market.
Quick Kiosk has already introduced its self-ordering kiosks at approximately 50 McDonald's franchises in 15 metropolitan areas of the United States.