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AmeriResource Subsidiary RoboServer Signs Letter of Intent With Premier Fortis Group, LLC
AmeriResource Technologies, Inc. (OTCBB: AMRE) announced that its subsidiary, RoboServer Systems Corp., (PINKSHEETS: RBSY), developer of the revolutionary Self-Serve System that enables
quick-service restaurant customers to process their own orders on a
touch-screen kiosk, has signed a Letter of Intent with Premier Fortis
Group, LLC.
Janovec, CEO of AmeriResource, commented, "RoboServer has signed a Letter
of Intent with Premier Fortis Group, LLC, an owner, operator and franchisee
of a National Fast-Food chain which ranks in the Top 10 as the Best Overall
Franchise to own, with multiple store locations, for the development of a
pilot program utilizing the RoboServer CT-MY1-Assisted Server. The Pilot
Program is to establish a self-serve system through a kiosk application
which will streamline Premier Fortis's customers ordering and payment
processing of orders. Premier Fortis plans to have RoboServer install the
units during the fourth quarter of 2007.
"The RoboServer CT-MY1 will assist in their ordering and payment processing
at one of Premier Fortis's busiest Fast-Food locations. The Assisted Server
will facilitate the ordering process thereby reducing long customer lines
and provide orders which are accurate. The RoboServer CT-MY1 will provide
Premier Fortis customers with options for the ordering of food and process
of payment. Upon a successful Pilot Program with Premier Fortis Group, LLC,
Premier will either purchase or lease the RoboServer CT-MY1-Assisted Server
units," added Janovec.
The CT-MY1 is designed to replace standard POS terminals/cash registers at
the counter, and allows a single employee to monitor several ordering
queues simultaneously. It functions as a self-service station and can be
used as a regular POS if the customers do not want to place their own
orders. The "Assisted Server" is a step in moving toward total Self Service
or to replace orders using the conventional POS function. In a busy
environment, one employee can assist and monitor 4 units while customers do
their own ordering, thus reducing employee counts, improving customer
satisfaction and order accuracy.
Company information is available at http://www.RoboServerCorp.com.
Investors and media can receive a free investor kit for RoboServer Systems
Corp. by contacting Investor Relations at investors@roboservercorp.com or
(866) 893-0229. Company financial statements can be viewed at
www.PinkSheets.com.
ABOUT ROBOSERVER SYSTEMS:
RoboServer Systems (PINKSHEETS: RBSY) has developed Point of Sale and
Self-Serve software technology for the restaurant industry for more than
four years.
The Company's key growth product suite is the RoboServer Self-Serve System
and the LineBuster CT-MY1 duel countertop model -- a software and hardware
terminal that allows quick-service restaurant customers to order and
purchase their own food and beverages, reducing the costly expense of
employee services and reducing customer order time.
Similar technology has been proven and deployed in large grocery and
hardware chains throughout the United States because Self-Serve technology
reduces costs for businesses, and reduces ordering time for customers.
Self-Serve technology is an industry-changing technology that will become
significantly more prevalent in fast-food over the next few years.
Self-serve technology is a strong growth industry that can demonstrate an
easily quantifiable return on investment to client restaurants, even in
soft economies.
ABOUT AMERIRESOURCE:
AmeriResource is a diversified holding company with headquarters in Las
Vegas, Nevada. It operates RoboServer Systems Corp., (PINKSHEETS: RBSY),
BizAuctions, Inc., (PINKSHEETS: BZCN), VoIPCom USA, Inc. (PINKSHEETS: VCMU), and AuctionWagon, Inc., as operating subsidiaries. For more
information on the Company and its operating subsidiaries, please see the
Company's website at http://www.ameriresourcetechnologies.com.
The Company encourages the public to read the above information in
conjunction with its year end statement, Form 10-KSB for December 31, 2006,
and the second Quarter statement, Form 10-QSB ended June 30, 2007. The
Company financial statements can be viewed at www.sec.gov.
The information contained in this press release may include forward-looking
statements. Forward-looking statements usually contain the words
"estimate," "anticipate," "believe," "expect," or similar expressions that
involve risks and uncertainties. These risks and uncertainties include the
Company's uncertain profitability, need for significant capital,
uncertainty concerning market acceptance of its products, competition,
limited service and manufacturing facilities, dependence on technological
developments and protection of its intellectual property. The Company's
actual results could differ materially from those discussed herein. Factors
that could cause or contribute to such differences are discussed more fully
in the "Risk Factors," "Management's Discussion and Analysis or Plan of
Operation" and other sections of the Company's Form 10-KSB and other
publicly available information regarding the Company on file with the
Securities and Exchange Commission, at www.sec.gov. The Company will
provide you with copies of this information upon request.
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