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New Retail Solution Simplifies Gift Card Sales in Japan

Posted on: Tuesday, 9 June 2009, 06:00 CDT

InComm and FUJITSU ADVANCED SOLUTIONS LIMITED

ATLANTA, June 9 /PRNewswire/ -- FUJITSU ADVANCED SOLUTIONS LIMITED (FASOL) announced the release of a new solution that will streamline operations for retailers that carry gift cards and enable those retailers to market from free-standing gift card malls. The YAGOYASAN solution allows retailers to integrate their technology with InComm, the largest provider of stored-value gift and prepaid products in the United States and a service network of 145,000 retail and sales locations worldwide.

Prepaid gift cards in Japan carry preloaded values representing a significant risk to the retailer in the event of theft. Where cards are value-bearing, retail locations are required to perform time-consuming inventory control and sales procedures. In the United States, prepaid cards carry no value until point-of-sale (POS) activation upon the sale at the cash register.

By installing YAGOYASAN and setting the parameters in existing POS systems, retailers become linked to an easy-to-use, low-cost, POS activation technology without the requirement of specialized knowledge of the ISO8583* standard which is required to develop a system connecting to InComm's advanced point-of-sale technology.

*Note: ISO8583 is the international standard for financial transaction messages.

"YAGOYASAN is an effective tool helping retailers integrate with InComm's technology platform. By installing YAGOYASAN, retailers can access a network of hundreds of service providers," said Brian Parlotto, Senior Vice President of Products and International. "A key success factor in international markets, especially in Japan, is how flexible we can be to support our retail partners. It is equally as important to have strategic alliances with strong partners in Japan which is why we are very excited to have this product release by FASOL."

FASOL's new YAGOYASAN solution is scalable from small retailers with only a few POS terminals up to large mass retailers, and it is available at FASOL's distributors throughout Japan.

About InComm:

InComm is the industry leading marketer, distributor and technology innovator of stored-value gift and prepaid products using its state-of-the-art point-of-sale transaction technology and payment solutions to revolutionize retail product sales and customer experiences. With almost $8 billion in retail sales transactions processed in 2008, InComm is the nation's largest provider of gift cards, prepaid wireless products, reloadable debit cards, digital music downloads, content, games, software and bill payment solutions. InComm partners with consumer brand leaders around the world to provide more than 145,000 retail locations with the products and services their customers demand. Since 1992, InComm's patented technologies have made the buying process easier for consumers while streamlining the selling process for product and retail partners. To learn more about InComm, visit www.incomm.com or call 1.800.352.3084. InComm is headquartered in Atlanta with offices in Japan, Canada, the United Kingdom, Puerto Rico, Colorado, Texas, Florida, New Jersey, Oregon, Arkansas, Alabama, and Minnesota.

About FUJITSU ADVANCED SOLUTIONS LIMITED:

Name of Company: FUJITSU ADVANCED SOLUTIONS LIMITED

Foundation: August 20, 1982

Capital: USD 7 million (March 2009)

CEO: Mr. Kazuo OKADA

Number of employee: 1,600 (April 2009)

Sales: USD 544 million (FY2008)

Business area: IT Consulting, System integration, Software development, Internet/outsourcing etc.

SOURCE InComm

Source: PR Newswire

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