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VENDORS


On-Point Technology Systems Inc.

Address: 1370 W. San Marcos Blvd., Suite 100 San Marcos, CA 92069
Phone: (619) 621-5050
Fax: (619) 621-5060
Key People: Frederick Sandvick
1998 Revenue: $16.4 million
Number of Employees: 106
Company Type:
Exchange:
Nasdaq

Background Information

On-Point Technology Systems Inc., has headquarters in San Marcos, Calif. and was incorporated in Nevada in March of 1990.
On-Point designs, manufactures, sells, leases, and services high-security automated point of sale transaction vending terminals for the sale of instant-winner lottery tickets (the "Instant Ticket Retailer" or "ITR(R)"), pull-tab lottery tickets (the "Pull-Tab Retailer" or "PTR(TM)"), prepaid phone cards and "smart cards" (the "Debit Card Retailer" or "DCR(TM)") and vending terminals that dispense high value products such as cell phones and pagers.
The company's ITR and DCR terminals accept bills of various denominations, provide a secure means of product distribution and include software which automatically accounts for product sales and inventories. The ITR terminals are sold or leased to state and provincial governments in the United States and Canada and to other foreign governments and their licensees.
The DCR terminals are sold or leased to commercial customers and to governmental entities and their licensees. The company has also developed a patented design for a high-security automated bill-payer terminal (the "BillPayer(TM)"), which allows customers to pay utility and other similar bills form remote locations.
The company is in the process of evaluating its strategic plans for the further development and introduction of the BillPayer(TM). In addition, the company has introduced certain specially designed dispensing technology to South America, Asia, and Europe.

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