SOURCE RedFin Network, Inc.
FORT LAUDERDALE, Fla., Feb. 25, 2013 /PRNewswire/ -- RedFin Network, Inc. (OTCQB RFNN), (www.redfinnet.com) David Rappa, VP of Business Development announced today the entering into of a strategic partnership with retailcloud® (www.retailcloud.com) for the private labeling and integration of innovative software for retail point-of-sale solutions powered in the cloud.
"We are very excited to be partnering with retailcloud®, a premier Retail POS software developer in the industry. Their software's ability to drive customer traffic to end retail location, coupled with built in intelligent analytics that provide the merchant with vital information on the buying habits of its customers were key factors in Redfin entering into this partnership, in addition to its low cost entry for the merchant," Rappa stated.
Erik Kirk, VP of Sales for retailcloud® stated, "We are excited about powering the Redfin Retail POS product. Redfin was one of the early providers of basic POS services to retailers and with this partnership they are bringing the next evolution of POS solutions, which focus on building commerce for retailers."
"This offering will allow Redfin partners to capitalize on opportunities in this multifaceted retail space. The solution will assist both small and large merchants by enhancing their ability to increase sales by attracting new customers, while providing recommendations for associates to recommend products to consumers," Kirk noted.
Redfin will be showing retailcloud® along with its other POS offerings at the SEAA (Southeast Aquirers Association) show in Orlando March 4th and at the ETA (Electronic Transaction Association) show in New Orleans April 30th.
retailcloud® is a suite of retail software solutions, powered by innovative products, and is committed to bringing the most updated cutting edge retail solutions to small – midsized retailers, by providing similar technology and advantages used by larger retailers. retailcloud's focus for the business owner is: Retail Made Simple: Simple to use, simple to manage, and simple to implement.
About RedFin Network
RedFin is a payment solutions provider, operating a powerful payment gateway used to perform Secure Electronics Payment Processing. The RedFin Network Payment Gateway is CISP (Cardholder Information Security Program) and PCI (Processor Card Industry) compliant. RedFin Network is the exclusive distributor in North America for Blue Bamboo products (www.bluebamboo.com ) and also distributes and supports a full range of mobile and fixed point-of-sale equipment sold through the Redfin Reseller network.
Cautionary Statement Regarding Forward-Looking Information
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to implement our business plan and generate revenues, our ability to raise sufficient capital to fund our operations and pay our obligations as they become due, economic, political and market conditions and fluctuations, government and industry regulation, U.S. and global competition, and other factors. RedFin's future results may also be impacted by other risk factors described in our Annual Report on Form 10-K for the year ended December 31, 2011 and our subsequent filings with the Securities and Exchange Commission. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and RedFin, does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
David Rappa, VP Business Development
954.769.1335 Ext. 301
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