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Halo Market Report Revolutionizes Restaurant Performance Analysis
   
 

Halo Users Now Enjoy True Market Benchmarking

Vancouver, B.C., Canada: March 20, 2006

Vivonet, Inc. today unveiled the Halo Market Report to their restaurant customers as part of the new release of Halo Version 1.5. The Halo Market Report enables restaurant operators to measure their revenue, customer counts, and menu prices against the entire Halo User-Community as a whole for any given date range. The information is calculated automatically and delivered to Halo users on-demand via the Web as a standard feature in Halo Version 1.5. Now, Halo users can immediately see how they compare to a broad sample of food service operations across North America. Never before have restaurant operators been able to accurately measure themselves against the market to get a true and relevant perspective of their performance.

“The Halo Market Report represents a significant turning point in the evolution of Vivonet’s hospitality management and payment processing systems”, said Ryan Volberg, Vivonet co-founder, CEO and President. “Our objective with the Halo Market Report was to provide operators with a way in which they could compare themselves against the market. This is critical to measuring the real impact of marketing investments and other strategic decisions, and to simply understand the true market relevance of any measured increases or decreases in the success of their business. The Halo Market Report answers the question, 'is it just me or is everyone else experiencing the same market influences?'”

To date, market and benchmarking data have been speculative at best, often emerging from ad hoc conversations with suppliers and other industry stakeholders. While every POS system from the simplest cash register to the most sophisticated touch-screen system will accurately tell you what your sales are, only Halo can give this information the relevance it needs to accurately guide operating decisions, placing it in the context of how the market is really moving historically and in real-time. The Halo Market Report enables operators to get smarter about their real performance, and this will inevitably drive success in the industry.

“Halo’s revenue management solutions give me acute insight into my business operations. I am better able to understand my business and make immediate changes that improve the bottom line. The addition of the Halo Market Report to the Halo POS system further strengthens my ability to understand my business,” states Keith Thibert Co-Founder/Owner The Kolachy Shop and Halo user.

About Vivonet Inc.:
Vivonet is an on-demand solutions provider that enables, acquires and organizes millions of transactions every month for customers in the automotive, hospitality and retail sectors across Canada and the United States. Vivonet provides on-demand enterprise management (ERP), point-of-sale (POS), payment processing and benchmarking solutions for its customers. Vivonet aggregates the transaction data created by its customers, giving the company the unique ability to allow their customers to benchmark their performance against other users. By using Vivonet’s Community of Brands: Autoprise, Halo and Zata™, customers are equipped and empowered with information they can use to make better decisions for their businesses.

About Halo:
Halo is a POS and payment processing solution that is delivered and managed over the internet that includes powerful data warehousing and industry benchmarking features. Halo's seamless offline capabilities keep it fully operational even if a customer's Internet connection experiences an outage. Using Halo, customers get the business power of the world's greatest hospitality chains for the price of a cash register.