Lynk and Abacus Business Solutions Form Strategic Alliance
Restaurant merchants to benefit by speedier payment processing and reduced costs

Atlanta, GA – July 6, 2004 – Lynk Systems, Inc., a leading payment processor, today announced a new strategic alliance agreement with Abacus Business Solutions, a private company based in Clearwater, FL.  Abacus is a total solutions provider to the hospitality industry and is the leading reseller of Radiant Systems' Hospitality Division Aloha Point-Of-Sale (POS) solutions.
     Aloha POS software combined with Lynk’s electronic payment processing provides exceptionally fast, easy transaction processing, while eliminating the expense of separate restaurant management equipment and payment terminals.  Abacus has signed on as a member of OneLynk Alliance, a value-added reseller program of Lynk Systems, Inc.
     "Abacus is excited about its new relationship with Lynk Systems, Inc.," says Rich Peterson, president of Abacus Business Solutions. "We believe that our alliance with Lynk, as an OneLynk Alliance member, will enable us to add tremendous value to the Aloha Point of Sale services we currently provide.”
     The strategic alliance allows both companies to leverage the combined strengths of Lynk's processing services and the Abacus customer base in the fast-growing hospitality and entertainment markets.
     "Beyond our competitive pricing, there were several key reasons that Abacus has chosen to partner with Lynk," said Wayne Damron, Lynk’s Senior Vice President, Indirect Sales. "Most importantly, we invest more resources developing compelling solutions and support for the Aloha platform.  Customers expect focus and excellence. That is what we intend to provide, and that is what Abacus Business Solutions represents.”

About Lynk Systems, Inc.
Lynk Systems Lynk Systems, Inc. is a proven leader in electronic payment, cash dispensing and e-commerce services. The company processes transactions initiated by credit and debit cards, checks, stored-value and other access cards from merchant point-of-sale terminals, ATMs and Websites.

Lynk’s proprietary technology and comprehensive network connectivity has earned Visa's Service Quality Performance Award.  Lynk continually earns recognition as one of the fastest-growing companies in America by Inc. magazine and Deloitte & Touche. For more information, please visit Lynk's Website at www.lynksystems.com.

About Abacus Business Solutions
Abacus Business Solutions is a privately held company providing total point of sale solutions to the hospitality industry since 1974. The company sells, services, and supports the Aloha software system, as well as a wide variety of hardware platforms. For more information, contact Richard Peterson, President and CEO, at 727-524-0177 or visit www.abacuspos.com.

Media Contact:
DeAnne Stuart
Lynk Systems, Inc.
media@lynksystems.com
678.587.1210 / 800.200.5965, x. 1210

 

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