Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


World’s Largest Read/Write Loyalty Card Firm

New Zealand Company Buys World’s Largest Read/Write Loyalty Card Firm

 $NZ14.4 million acquisition makes Visible Results the world’s largest provider of read/write loyalty card programs

 Auckland offices will earn $US30 million per annum for services into the US

Auckland – February 7: An Auckland company has become the world’s largest provider of read/write loyalty card programs after its purchase this week of the US operation that owned the technology.

Visible Results Limited, a subsidiary of the Atlantis Group, today announced a cash agreement to purchase GraphiCard Systems International (GSI) for $NZ14.4 million.

As a result of the deal, the New Zealand offices of Visible Results will provide specialist services to the United States worth $US30 million in the first year alone.

The acquisition lifts the percentage of Visible Results’ revenue that comes from offshore markets to 80% and gives it access to the all important United States market.

GSI holds the international patent for the GraphiCard™, a leading edge loyalty card technology that allows retailers to communicate directly with their customers at point of sale. Thermal technology updates information displayed on the card each time it is used.

The card enables personalised communication with the customer and ensures information is timely and relevant. GraphiCard™ provides instant information from loyalty points balances to offers targeted at specific users.
Visible Results managing director Michael Whittaker comments: “This acquisition not only gives us international patents to the technology, but secures the distributorships in North and South America, in addition to those we already hold across the Asia Pacific region.”

Access to the United States market is key to Visible Results’ strategy and the company is already developing strong relationships with several large American retailers.

“The GSI acquisition is typical for the new breed of emerging New Zealand companies,” Mr Whittaker said.

“Atlantis and Visible Results have reach across global markets, but continue to operate from New Zealand. This gives us a considerably lower cost base and allows the people we employ to work at the leading edge of world-class technology development without having to leave the country.”

Visible Results will inherit 14 GSI staff at its headquarters in Kansas. In keeping with its policy of using its New Zealand base for all development, programming and technical support, the company is seeking to employ up to 15 technical staff immediately. Interested technical and other development staff can seek information via

Visible Results specialises in the establishment, implementation and operational management of retail loyalty programmes.

Mobil Oil Limited in New Zealand currently deploys the technology through the “Mobil MAX” programme. Visible Results’ proprietary software is used in conjunction with the GraphiCard™ to power the programme. Visible Results uses the GraphiCard™ technology for clients in Australia, Singapore and Japan.

Editors’ Note:

About Visible Results

Established in New Zealand in 1997, Visible Results launched with its first client 2 years ago. Today, the company has subsidiaries in Singapore, Australia, and Japan. Visible Results has quickly become one of Asia Pacific’s leading customer relationship companies serving an ever growing client base across convenience, fast food, fuels and the general retail industry.
Visible Results’ multimillion dollar investment into a future proof “customer relationship management” platform enables retailers the opportunity to access advanced transaction processing, customer analysis and e-commerce related facilities that have previously only been available as a result of expensive custom designed business solutions.

The future of Visible Results lies not only in its ongoing commitment to investment in technology, and adoption of sound best practice principles, but most importantly in the consistent delivery of accountable and successful programmes to clients.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news