Coin Free Billiards - All Signs Point to YES

First cashless payment system for the coin-op billiards industry now available.

posted Jul 11, 2006

Press Release
FOR IMMEDIATE RELEASE

Editors Contact: Michael Tiner
Marketing Director
407-657-5971
mtiner@coinfree.com

Readers Contact: www.coinfree.com or toll free at 1-888-844-0608

Coin Free Billiards - All Signs Point To YES

Orlando Florida, July 11, 2006 - Coin Free LLC is pleased to announce the first cashless payment system for the coin-operated billiards industry is now available. Coin Free Billiards enables consumers to use their debit and credit cards to purchase a single game or a block of time on pay-per-play pool tables. The device functions as a complete retrofit, or as an upgrade allowing the traditional coin mechanisms to remain in place and operational.

Once retrofitted, Coin Free Billiards also allows operators to easily achieve total financial accountability with the My Coin Free route management software that comes complimentary with each system. Through the website www.mycoinfree.com, Coin Free operators log onto a secured account page detailing the daily sales activity and maintenance needs for each pool table enabled with the wireless device. Through the Coin Free wireless network, the pool table is able to report a low battery and if the moneybox is full, taking the guess work out of the operator’s business.

Operators with route employees can rest easy knowing how much money should be collected and returned, while the service button tracks employees along the service route throughout the day. Credit and Debit card sales deposit directly into the operators’ bank account, helping reducing the risks of theft and vandalism, while lowering operational costs associated with unnecessary maintenance and banking trips.

Bar owners also benefit not having to make change or stock quarters for patrons to operate their coin-op tables. As a gesture of good faith, operators can also share location specific sales data with a bar owner through printable monthly sales reports or restricted access to their www.mycoinfree.com web page. These accountability features can help operators secure new and profitable locations, especially when bar owners realize they no longer need to stock quarters to keep patrons entertained playing pool.

For the past several years operators across the country have seen decreasing profits due to consumers carrying less cash in pocket and increasing route management costs. Coin Free Billiards eliminates these problems by allowing wireless point-of-sales credit/debit card approvals, while giving operators the ability to remotely monitor their pool tables’ maintenance needs and sales data anywhere they have access to the Internet.

In other industries, the convenience of credit and debit card acceptance has been shown to increase sales up to 35% due to ease of multiple transactions and consumers not being restricted to the available cash in their pocket. Similar trends will be seen in the amusement gaming sector as well.

Coin Free LLC provides credit & debit card payment solutions for the amusement gaming & vending industries. Products include cashless solutions for bulk vending machines and pay-per-play games including Darts, Pool Tables, Juke Boxes, Bar Top Games, Photo Booths and more. We provide custom cashless solutions or simple bill acceptor replacements. For more information, please call 1-888-844-0608 or visit the company’s website at www.coinfree.com.

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