October 14, 2003
World's First Completely Self-Serve Restaurant
International Automated Systems, Inc. (IAUS.OB) ("IAS") announced today the successful debut of its automated technology at Chefplex, the world's first completely self-service order and pay restaurant.
OREM, Utah--(BUSINESS WIRE)--Oct. 14, 2003--International Automated Systems, Inc. (IAUS.OB) ("IAS") announced today the successful debut of its automated technology at Chefplex, the world's first completely self-service order and pay restaurant.
IAS's OrderXCEL system allows customers to order and pay using cash, check, credit or debit without the need for a cashier.
Chefplex (www.chefplex.com) opened its doors September 2003 to popular reviews. It features five independent authentic restaurants under one roof. Customers get a gourmet selection of authentic Mexican, Italian, Thai, American and Ice Cream on a single ticket.
Each authentic restaurant featured at Chefplex is owned and operated independently with its own kitchen area and chef. Customers simply touch pictures of food on the OrderXCEL's monitor to order menu items from any of the different restaurants and pay automatically with cash, check, credit or debit.
Chefplex has already financially committed to an additional 20 OrderXCEL terminals for its next two locations. The company intends to open several restaurants over the next year.
About International Automated Systems, Inc. (www.iaus.com; IAUS:OB)
Founded in 1988, International Automated Systems, Inc., develops high-technology products for diverse markets such as energy production, wireless communications, consumer purchasing and financial transactions. The company, founded by a former AT&T communications engineer, is based in Salem, Utah.
Note: Statements contained in this press release that are not strictly historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements are made based upon information available to the company at the time, and the company assumes no obligation to update or revise such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, demand for the company's product both domestically and abroad, the company's ability to continue to develop its market, general economic conditions, and other factors that may be more fully described in the company's literature and periodic filings with the Securities and Exchange Commission.
CONTACT: International Automated Systems, Inc.
Randy Johnson, 801-423-8132