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Press Release Albertsons to install Transact2+ coin dispensers Hollis, New Hampshire - January 9, 2003 - Telequip Corporation and Albertsons announce plans to install Transact2+ coin dispensers as part of a wider point of sale upgrade. This represents the largest supermarket installation for Telequip who is the market leader for coin dispensers in Hospitality, Banking, Cafeteria, and Convenience stores. Telequip worked in conjunction with NCR and will be providing the initial shipment of 4500 Transact2+ units by the end of February. “The addition of Albertsons to our customer list represents a significant success in a relatively new marketplace for us” said Tom Lannon, Director of Sales and Marketing for Telequip. “We have been very successful in the ‘Quick Service space’ and we have been the market leader in banking for some time. It is clear to me that Albertsons recognized that Telequip provided the best product for the best value” The Transact2+ offers improved customer service by reducing transaction time. The addition of coin dispensers in each lane will improve cashier productivity and enhance the customer experience by address the most common customer service complaint cashier speed. The Transact2+ offers a modern appearance with a molded shell over a rugged cold rolled steel base. In addition to easy installation and external software configuration capabilities, the Transact2+ provides two way communication and a forward migration path towards future technologies About Albertsons Albertsons is one of the world's largest food and drug retailers, with annual revenues of approximately $38 billion. Based in Boise, the Company employs more than 200,000 associates and operates approximately 2,300 retail stores in 31 states across the United States, under banners including Albertsons, Jewel-Osco, Acme, Sav-on Drugs, Osco Drug, Max Foods, and Super Saver. About Telequip Telequip is the nation’s leading supplier of coin dispensers. Telequip is a privately held company located in Salem, New Hampshire. The Transact family of products is installed in Quick Service restaurants, banks, cafeterias, and retail locations. In addition to the free standing Tranasct2+, Telequip also is the provider of coin dispenser to Self-Checkout and Kiosk manufacturers. For more information about Telequip and the Transact family of coin dispensers visit www.telequip.com
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