Radiant Systems Named a Fast 40 Company by Georgia Trend Magazine

July 28, 2010 - PRLog -- Hospitality and retail technology company selected from more than 120 qualified state businesses  

ATLANTA (July 28, 2010) — Radiant Systems, Inc.  today announced that it has recently been named as a Fast 40 Company by Georgia Trend magazine based on financial and employee growth as well as investments in research and development. This annual award is a joint effort supported by accounting firm Cherry, Bekaert & Holland LLC (CB&H), the Association for Corporate Growth Atlanta and Georgia Trend.

"Throughout the selection process we identified common trends among the Fast 40 companies, including a strong leadership team who invested in innovation during a tough economy,” said Kip Plowman, managing partner of CB&H Atlanta. “CB&H recognized the tremendous achievements of the 40 Georgia-based companies at the Awards Gala held in June and in the Fast 40 feature displayed in the July issue of the Georgia Trend magazine."

In order to qualify as a candidate for the Fast 40 awards, companies must be headquartered in the state of Georgia, have net sales between $15 - $500 million and show sustained revenue and employment growth over the past three years. The awards are separated into two categories, small mid-market and large mid-market, with Radiant Systems placing within the large group. Rankings are based on demonstrating the highest weighted three-year average growth in revenue and employment with 75 percent toward revenue growth and 25 percent toward employee growth. Radiant’s CEO John Heyman accepted this honor at the Awards Gala on July 17 at the Ritz Carlton in Buckhead.

“Radiant is honored to be recognized within the state of Georgia for the growth we have experienced,” said John Heyman, chief executive officer at Radiant Systems. “Radiant remains focused on helping retailers and restaurants improve customer service and operate more efficiently through the adoption of our award-winning technology products.”

About Radiant Systems, Inc.
Headquartered in Atlanta, Radiant Systems, Inc.  is a global provider of innovative technology to the hospitality and retail industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems:
•   Visit http://www.radiantsystems.com
•   Follow us on Twitter: http://www.twitter.com/radiant_systems
•   Read about us on our Blog: http://www.radiantblogs.com
•   Become a fan on Facebook: http://www.facebook.com/radiantsystems



This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the ability of the Company to effectively integrate the acquired business and its technologies into its existing businesses and products, the risk that the acquired business and technologies do not perform as expected or are subject to liabilities that were not disclosed or identified by the Company prior to closing, the Company's reliance on a small number of clients for a large portion of its revenues, fluctuations in its quarterly results, its ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

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Radiant Systems is a global provider of innovative technology to the hospitality and retail industries. Radiant's point of sale hardware and software solutions have helped redefine the consumer experience in more than 100,000 customer-service venues.