MIST, GTE Wireless, Atomic and POS Systems Form Powerful Solution for Wireless Payment

Best-of-breed Hardware, Network, Software and Services Combine to Provide a Comprehensive Wireless Offering for Retailers

Successful Implementation of the Wireless Solution At Houston Rodeo, GTE Seniors Golf Classic

MIST Inc., a division of NBS Technologies Inc. (TSE:NBS), today announces the formation of a comprehensive solution to allow retailers to provide secure credit and debit transaction services to their customers with the convenience of a fully-integrated mobile, wireless terminal. The versatility of MIST's relationship with GTE Wireless, Atomic Software and POS Systems gives retailers the ability to process transactions at non-traditional points-of-sale.

"Our alliance with GTE Wireless, Atomic Software and POS Systems has created the most comprehensive, end-to-end solution in the wireless transaction processing marketplace," says Charles Lee, President and CEO of MIST Inc. "With actual successful implementations of this program under our belt, our proven track record demonstrates to retailers and service providers the security, flexibility and benefits of incorporating our wireless solution into their businesses."

Comprehensive Solution for the Wireless Marketplace

The solution brings the advanced MIST Freedom wireless terminal together with select industry vendors to create a premier service offering for the marketplace. Backed by the GTE Wireless data network, the MIST Freedom terminals are bundled with Atomic Software to provide fast, reliable connections to a wide range of credit and debit processors. POS Systems serves as the professional services arm of the solution, offering complete support services from initial installation throughout the implementation, including on-line and help desk support.

"We are extremely proud to join in this teaming of industry leaders by bringing the highest level of service to the program," remarks Ken McDonald, President of POS Systems. "Customer satisfaction is the collective goal of this partnership, and we have established an infrastructure to effectively manage the delivery of all levels of support for this wireless solution, from application project management to day-to-day support."

Wireless Solution Successfully Implemented at GTE Events

MIST successfully demonstrated their MIST Freedom wireless solution at two recent GTE sponsored events, the Houston Rodeo and the GTE Seniors Golf Classic. At both events, MIST Freedom terminals were utilized to process credit transactions at remote merchandise and food locations, giving the event managers the flexibility to accept non-cash payments at even the smallest kiosk.

"The successes we have had with the MIST Freedom solution at recent events reinforces the strength of our business relationship and the reality of today being able to offer next-generation network and transaction services to customers anywhere," states Ed Huelsman, Manager, Data Services for GTE Wireless. "Together with MIST, Atomic Software and POS Systems, we look forward to more successful implementations of this powerful, comprehensive solution."

"As the secure gateway from the wireless terminals to the service processors, our software complements the advanced technology of the MIST Freedom solution the established wireless network of GTE Wireless and the superb professional services offered by POS Systems," said Thomas McCole, President of Atomic Software. "By connecting the MIST Freedom wireless terminal to the leading credit and check service processors, we have created a solution with limitless possibilities for customers and with incredible potential for widespread market growth."


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