Monday, May 9, 2011

MICROS Partners with Tabbedout for Consumer Mobile Payment Processing

MICROS logoImage via Wikipedia

Seamless integration enables MICROS restaurant and bar customers to deploy Tabbedout for faster and more convenient tab payments, social media integration, and direct marketing to consumer devices

COLUMBIA, Md., May 9, 2011 /PRNewswire/ -- MICROS Systems, Inc. (NASDAQ: MCRS), a leading provider of information technology solutions for the hospitality and retail industries, is pleased to announce its seamless integration, sales and marketing partnership with ATX Innovations, Inc. using Tabbedout - the secure and innovative way to open, review and pay restaurant or bar tabs with a smart phone, representing a consumer cultural revolution in payment technology.
The partnership allows restaurant and bar merchants to deploy Tabbedout's software quickly and easily through their existing MICROS POS software without any additional hardware requirements. MICROS and its authorized resellers will sell, install and maintain the Tabbedout application, making the process of adding consumer mobile payment processing easy and fast, without any downtime to the merchant's system.
"In this recession, particularly in larger cities where there are many restaurant options, being the first to offer mobile payments integrated with social media provides a 'cool factor' that is priceless," stated Bob Amick, owner of Atlanta-based Concentrics Restaurants.  "Since deploying Tabbedout, which is fully integrated to our MICROS point-of-sale system, we have noticed that it not only attracts more patrons, it has increased table turns which is key as sometimes the hardest thing for a restaurant to do during peak serving time is to check someone out to increase speed of the table turn."
"Tabbedout's powerful payment and marketing engine has enabled thousands of mobile payments at a network of restaurants and bars across 13 states in 49 cities," stated Rick Orr, Tabbedout Co-Founder and CEO. "Combining MICROS's technology and large network of key customer venues with our innovative mobile payment application, is a win-win for everyone involved."
"Tabbedout, as a fully integrated extension of our current POS products, allows convenient customer payment and popular social media forums through mobile devices," stated Michael L. Russo, MICROS Chief Technology Officer. "MICROS is an innovative company committed to supporting the very best in advanced technologies -- as with Tabbedout -- that bring our merchant customers more revenue and improve the patrons' experience at their venues."
About Tabbedout
Tabbedout® is the cure for forgotten credit cards and missing out on a good time. Tabbedout makes mobile payment a simple and secure process that is widely available, so that bars and restaurants can spend more time with their customers. The free Tabbedout mobile app for iPhone and Android lets consumers open a tab with their mobile phone, view their tab in real-time and pay the tab anytime, anywhere, putting them in control over how and when they pay. For more information, visit: http://www.tabbedout.com/ or contact sales@tabbedout.com to learn more about becoming a Tabbedout partner.
About MICROS Systems, Inc.
MICROS Systems, Inc. provides enterprise applications for the hospitality and retail industries worldwide. Over 330,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, leisure and entertainment, and retail operations in more than 130 countries, and on all seven continents. In addition, MICROS provides property management systems, central reservation and customer information solutions under the brand MICROS-Fidelio for more than 26,000 hotels worldwide, as well as point-of-sale, loss prevention, and cross-channel functionality through its MICROS-Retail division for more than 90,000 retail stores worldwide. MICROS stock is traded through NASDAQ under the symbol MCRS.
For more information on MICROS and its advanced information technology solutions for the hospitality industry, please contactLouise Casamento, Vice President of Marketing at (443) 285-8144 or (866) 287-4736. You can also visit the MICROS website atwww.micros.com or send an email to info@micros.com.
The MICROS logo is a registered trademark of MICROS Systems, Inc.
All other product and brand names are the property of their respective owners.
Contact:
Louise Casamento

443-285-8144


SOURCE MICROS Systems, Inc.

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