Radiant Announces New Corporate Structure

ATLANTA -- Radiant Systems Inc., a provider of information technology to the convenience store and petroleum marketing industry, yesterday announced the formation of two separate operating groups within the firm to support its mission of enabling businesses to achieve operational excellence through intelligent technology.

Radiant's Industry Solutions unit will be responsible for offering integrated solutions, including the Radiant Point of Sale and Enterprise Productivity Suite of products, to the convenience s and petroleum industry. Radiant's Enterprise Productivity unit will focus on marketing the Radiant's Enterprise Productivity Suite of products to the general and specialty retail markets and other industries.

With the creation of these new operating groups, John Heyman will be promoted to the position of co-CEO of Radiant Systems and will be directly responsible for Radiant's Industry Solutions unit. Heyman also maintains his position as Chief Financial Officer of Radiant Systems.

Erez Goren will become co-CEO of Radiant Systems and will guide the technology company's Enterprise Productivity unit. Goren will continue to serve as co-chairman of the company's board of directors with Alon Goren, Radiant's chief technology officer.

"As we broaden our scope to address new business opportunities, it is imperative we maintain a focus on serving the clients and markets that have been driving the vast majority of our revenues and continue to have excellent growth prospects," Erez Goren said.