MONTREAL, Nov. 24, 2004 (PRIMEZONE) -- Bach-Hauser (Pink Sheets:BHSR) is pleased to announce that DM2 Technology (a wholly owned subsidiary of Bach-Hauser) has delivered 50 wireless POS (point of sale) equipment and software units to handle bankcard and credit card payments to Taxi Ste-Foy of Quebec City. The equipment has been widely accepted by the company and its customers and Taxi Ste-Foy is expected to accept delivery of the remaining 150 units in its agreement with DM2 by the end of this year.
Starting Nov. 29, 2004 DM2 will deliver the first 500 units to Taxi Diamond, on Nov 15, 2004 Bach-Hauser announced Taxi Diamond selects DM2 Technology. It is expected to take two weeks to complete the delivery and installation of these units. The remaining 200 units will be delivered after Christmas.
On Nov. 18, 2004 the company announced that Rogers Wireless had made a proposal to become a reseller of Bach-Hauser's DM2 Technology wireless POS (point-of-sale) terminals in their retail outlets. The proposal will also allow DM2 to resell Rogers Wireless airtime products. Rogers plans to sell DM2's wireless POS terminals through their retail outlets and to their corporate and business clients. This agreement should enable us to expand our customer base significantly by providing greater access to DM2's Wireless POS technology and products and enable us to provide our customers considerable value added services.
About Rogers Wireless Communications Inc.
Rogers Wireless Communications Inc. (TSX Venture Exchange:RCM.RV.B) (NYSE:RCN) operates Canada's largest integrated wireless voice and data network, providing advanced voice and wireless data solutions to customers from coast to coast on its GSM/GPRS network, the world standard for wireless communications technology. The company has over 4.2 million customers, and has 380 stand-alone retail outlets in Canadian cities across the country.
About DM2 Technology, Inc.
DM2 Technology, recently acquired by Bach-Hauser, Inc., is a provider of specialized POS equipment and software, which provides greater flexibility and reliability for debit and credit card financial payments. The company currently sells its products and services through traditional retailers, online retailers, taxis and courier companies. The Rogers Agreement will enhance the services and products provided to DM2's clients which include EasyHome and Teleplus stores.
DM2 Technology specializes in the sale of POS (point of sale) equipment and software to handle bankcard and credit card payments. DM2 Technology has been in the business of handling Interac and Credit Card transaction payments since the government of Canada deregulated this market. At present, DM2 has terminals in retail outlets in every province except for Newfoundland and PEI.
This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the company claims the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that production, pricing levels or other factors pertaining to the manufacturing and retail operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in the company's most recent SEC filings.