LOS ANGELES, Feb. 26, 2001 (PRIMEZONE) -- InterFirst Capital Corporation released an update on its previous research report on Bristol Retail Solutions (OTCBB:BRTL) due to the pending merger between Registry Magic, Inc. (Nasdaq:RMAG) and Bristol. The proposed merger for all outstanding shares of Bristol would convert into the right to receive 0.65 shares of Registry Magic common stock. InterFirst Capital Corporation believes the merger is in the best interests of Bristol shareholders and could significantly enhance shareholder value due to the combination of Registry Magic's industry-leading, transaction-based technology and Bristol's installed base of 16,000 POS systems.
Bristol Retail Solutions, Inc. is a dealer of retail point-of-sale (POS) systems with sales, service and support offices operating a national network of full-service retail automation solution providers. The Company has installed systems in more than 16,000 retail locations, primarily in grocery stores and table-service and fast-food restaurants. The retail establishments use the POS systems to collect and process data at the "point of sale" during sales transactions with customers.
Although the information contained herein and in the respective research report and update has been obtained from sources believed to be reliable, their accuracy and completeness cannot be guaranteed. Any judgements or conclusions contained in these reports are solely the opinion of the author. Our recommendations regarding this company may not be suitable for all investors. Investors are advised to conduct their own due diligence, by examining company reports, SEC filings, and other sources of information where available.
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