MIST Inc., a global leader in wireless transaction technology, Monday announced two additions to its current Freedom family line of wireless transaction terminals, the MIST Freedom III and the MIST Freedom SPD. The MIST Freedom SPD is an EMV compliant, smart-card enabled secure pin entry device that interfaces with MIST’s Freedom terminals as well as PCs and electronic cash registers to support credit and debit card transactions. The MIST Freedom SPD also hosts additional security features, including anti-tampering and optional privacy shields, to reduce the opportunity for fraud during data transactions.
MIST’s Freedom III terminal state-of-the-art design succeeds conventional desktop terminals, offering the convenience of wireless capabilities. The terminals feature large, backlit screens that allow for value-added functions such as on-screen advertising, e-coupons, e-commerce, e-mail and electronic statements. Freedom III also supports debit, credit and smart-card enabled transactions.
“The pace at which the wireless POS industry is changing lays a significant burden on the engineering departments to develop new software and hardware capable of meeting sophisticated demands,” said Charles E. Lee, MIST chief executive officer and president.
“The launch of these two new products completes an important deployment objective for the Freedom family in the year 2001. “The range of capabilities offered by the Freedom II, Freedom III, and Freedom SPD and our gateway services, FreedomGate(TM), will provide our clients with services currently unparalleled in the industry. We are proud our technology will meet the needs of our clients and, in many ways, surpass their expectations.”
Both the MIST Freedom SPD and MIST Freedom III are compatible with MIST’s new gateway technology known as FreedomGate(TM). FreedomGate, the multiple-transaction processing facilitator through which wireless transactions are completed, provides users with remote loading of software. FreedomGate also provides time and attendance, e-commerce and messaging value-added services.
About MIST Inc.
MIST Inc., a leading global provider of wireless transaction-enabling technologies, designs, manufactures and distributes wireless and wired Point-of-Sale (POS) solutions. The “MIST Freedom” family of wireless transaction terminals was developed to complement its range of existing products. The MIST FreedomGate(TM) provides gateway services with value-added options such as messaging, time and attendance, e-commerce and advertising. With facilities in Canada, the United States and Japan, MIST’s clients include North American and international banks, financial institutions, credit and debit card processors, as well as retail, hotel, restaurant, healthcare and loyalty customers. For more information, visit [www.mistwireless.com].