Intellectual Property for Digital Receipts

Press Release

FOR IMMEDIATE RELEASE

AfterBOT Releases ReceiptsPLUS 2.0

Atlanta, GA - January 13, 2003 - AfterBOT Inc., an Atlanta, GA based company; today announced the release of ReceiptsPLUSTM 2.0, significantly expanding the scalability and functionality of their current offering. ReceiptsPLUSTM serves as the technology platform of AfterBOT's Retail InSIGHT ManagementTM solution, and enables a host of customer, marketing, and business services benefiting a retailer - their suppliers and consumers.

"This release extends our leadership position in the development and delivery of customer focused business solutions based on digital receipt technology, said Kas Naderi, AfterBOT CTO. The enhancements incorporated into Release 2.0 come as a direct result of speaking with a significant number of retailers and suppliers since our first implementation at Smart and Final Stores.".

AfterBOT's Retail InSIGHT ManagementTM solution leverages an atomic-level POS database created by the ReceiptsPLUSTM platform to enable a host of customer, marketing and business services designed to increase operational efficiency, enhance customer service, improve margins and increase sales. Delivered across the extended enterprise via the web, AfterBOT provides timely access to accurate, integrated data that provides the best solution to increasing support costs, shrinking margins, and slow or stagnant sales activity.

"We recognized the value of AfterBOT's solution early on. Smart and Final traditionally has been viewed as an innovator relative to using technology to enhance operational efficiency and improve the overall Smart and Final shopping experience, and we are very pleased with the customer support enhancements resulting from implementing AfterBOT's solution", stated Bob Graham, Smart and Final's VP of Stores Technology. "With the implementation of ReceiptsPLUS 2.0, we can better connect with both our consumers and suppliers, further improving operational efficiencies and increasing sales activity".

About AfterBOT
AfterBOT Inc. is the market leader using digital receipt technology standards to create an atomic-level POS transaction database that enables the delivery of secure, unique, interactive views to both internal and external audiences. AfterBOT's Retail InSIGHT ManagementTM combines technology and professional services to provide a comprehensive business solution driving top and bottom line growth through a variety of customer, marketing and business services. For more information visit us at www.AfterBOT.com. AfterBOT was founded in 2000 and is privately held. AfterBOT's investors include Chrysalis Ventures, River Cities Capital Funds, Prosperitas Investment Partners, and e-RM Ventures.

For Additional Information:
Please Contact:

Sonya Ruppel or Alex Armstrong
Marketing Communications
AfterBOT, Inc.
4361 Shackleford Road
Norcross, GA 30093
(770) 564-5554
[email protected]
[email protected]
www.AfterBot.com

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