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November 29, 1987

NATIONAL BUSINESS SYSTEMS ACQUIRES INFORMATION DYNAMICS AND PINPOINT RETAIL SYSTEMS

By CBR Staff Writer

National Business Systems Inc, Toronto provider of automated transaction products and technology, has made two acquisitions in what it calls the next-genebation terminal market: the acquisitions are petrol station and corner store point-of-sales terminal maker Information Dynamics Corp of Alberta, for $800,000 plus up to $700,000 more on performance; and Pinpoint Retail Systems Inc, being acquired from Imperial Oil, Toronto, for $4.25m, in partnership with Pinpoint resellers Wang Canada and Oakes Investments, the latter distributing in Europe; Pinpoint key product is a point-of-sale system designed for retail operations with multiple electronic cash registers, enabling interfaced price look-up, inventory control and other automated store management functions.

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