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RESOLUTE Partners L.L.C. Pleased to Announce Sale of RESOLUTE TAP Services, LLC to Vision Point of Sale, Inc.
Southington, CT, April 17, 2008 – RESOLUTE Partners L.L.C. (RESOLUTE) is pleased to announce the sale of substantially all RESOLUTE TAP Services’ assets to Vision Point of Sale, Inc. (Vision POS). ResTAP Services, formerly headquartered in New Brunswick, New Jersey, provided information technology support services consisting of maintenance, installation, and related services to the self-service technology market, including kiosks and other consumerfacing technology in a retail or other self-service environment.
According to Reggie Babcock, Chief Executive Officer of ResTAP Services, "We were very pleased to be able to conclude this transaction with Vision POS, as we think it will serve our customers well, and the transaction itself represents a successful exit event for the ResTAP Services shareholders."
Frank Muscarello, the Chief Executive Officer of Vision POS, commented, "We are excited to add ResTAP Services" customers to our own and to extend our service footprint in the retail sector and beyond by adding a significant and immediate presence and capability in self-service. Consumer facing and self-service technology continues to proliferate in retail, and we are now better positioned to grow with our customers in this direction." Based in Glenview, Illinois, Vision POS is one of the nation’s leading suppliers of products and services to the POS marketplace, helping retailers cost-effectively extend the life of their existing POS investments.
About RESOLUTE Partners LLC
Headquartered in Southington, CT, RESOLUTE is the leading provider of public Internet access and computer-based recreation services to U.S. military personnel and their dependents worldwide, with 149 sites on 62 military installations in the U.S., Germany, Kuwait and Iraq. Customers include members of the Army, Air Force, Navy, Marines and Coast Guard. Established in 1996, RESOLUTE offers a portfolio of Internet and communication solutions under the CZee brand including CZee CyberZones, LAN and Internet gaming, kiosks, Wi-Fi Hot Spots and Wi-Fi networks for barracks and lodging facilities, as well as business center and managed desktop services for military libraries, recreation, teen and youth centers.
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