TOSHIBA TEC invests in global digital specialist Yeahpoint to expand further into the rapidly growing self service market

BRISBANE/SINGAPORE, April 12 2011 — TOSHIBA TEC, the Toshiba subsidiary that handles the group's non-PC digital products, has purchased a 12% stake in Yeahpoint, a Brisbane-based supplier of self-service and digital signage products.

The purpose of the investment is to gain serious market traction by combining the size and market strength of TOSHIBA TEC with the agility and expertise of Yeahpoint, to create a new global leader in the implementation of self service solutions.

Market Focus

With the digital self service market tipped to boom over the next five years, this new deal positions Yeahpoint and TOSHIBA TEC strongly as key players in what is one of the fastest growing areas for many sectors including retail, financial services, government and health to name a few. With TOSHIBA TEC already owning a high market share in the point of sale market, Yeahpoint’s solutions are set to add serious value to their already successful worldwide operations.

According to Yeahpoint Chief Executive Officer John Anderson, “We can apply a digital self service solution in any instance where there is a defined process, which just goes to show the industry’s incredible potential for growth,” he said. “In fact, it is not uncommon for us to implement a software solution that provides a company with 100 percent return on investment within just six months.”

Yeahpoint and TOSHIBA TEC will be providing multi platform solutions to a wide range of global markets that integrate and add to the consumer experience utilising tablets, product vending, motion sensors, biometrics and analytics to streamline any process in any application.

TOSHIBA TEC Singapore’s President and Chief Executive Officer Takeshi Hiyoshi believes that the deal has the ability to not only change the global interactive self service landscape, but shift the balance of power between global technology heavyweights.

“Now we have the best self service technology in the world and are already way ahead of our competitors in this young marketplace,” said Mr Hiyoshi. “Yeahpoint is an extremely driven organisation that has had incredible success already and now, by combining both our companies’ strengths, we are looking to dominate the global self service sector.”

About Yeahpoint:

Established in Australia in 2003, Yeahpoint has provided a wide range of self service solutions to organisations around the globe with over 70 percent of the company’s operations now overseas. Mr Anderson is now predicting extensive further growth over the next few years as Yeahpoint utilises TOSHIBA TEC’s current networks to drive further implementation of self service solutions. Yeahpoint is a global leader in digital point of sale marketing software and have developed solutions across a wide number of industries including automotive, retail, healthcare and telecommunications, to name a few. For more information on Yeahpoint, please visit www.yeahpoint.com.

About TOSHIBA TEC Corporation

TOSHIBA TEC Corporation celebrating 60th anniversary on February 21st 2010, is one of the major companies in the TOSHIBA group for digital product business. Expanding its operation for the whole of the world, the range of products is formed by POS (Point of Sales) systems for retail industry, in particular keeping the top market share in Japan, Barcode printing and RFID (Radio Frequency Identification) system for manufacturing, logistic and retail industry, and MFP (Multi-function Peripheral) for the office use. TOSHIBA TEC Corporation keeps creating products at any time for efficient business processes and innovated new value with customers in mind.

For more information visit our website at www.toshibatec-ris.com, the TOSHIBA TEC America web site at www.toshibatecusa.com, or the TOSHIBA TEC Europe web site at www.toshibatec-eu.com.

Gelieve lezersvragen te richten aan:

TOSHIBA TEC Europe Retail Information Systems n.v.
Celideestraat 33
BE-1080 Brussel
Contact: Veerle Pannekoek
Tel.: +32 (0)2 410 21 00
Fax: +32 (0)2 410 68 69
Email: marketing@toshibatec-eu.be
Web: www.toshibatec-eu.be

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