RedFinPOS(TM) to be Launched at Retail Now Show

 FORT LAUDERDALE, Fla., Jul 31, 2012 (GlobeNewswire via COMTEX) -- Jeffrey Schultz, President and CEO of RedFin Network, Inc. (otcqb:RFNN) ( www.redfinnet.com ) announced today the launch of its RedFinPOS(TM) to be displayed at the Retail Now Show in Las Vegas this week.

"We are excited to partner with Amber Systems Technologies (AST), a long term POS software development group, on an exclusive basis to bring to market the RedFinPOS(TM) Pro and Enterprise solution for both hospitality and retail environments. Our Pro and Enterprise software expands the RedFin POS offering by providing technology features found in leading hospitality and retail systems at a very competitive price, integrating with the robust RedFin Payment Gateway," Schultz stated.

Naveen Kumar, President of AST, stated: "We built software to be exclusively sold through the RedFin Network because of their strong distribution channels and, most importantly, their commitment to providing excellent 24/7 technical support."

Schultz added: "The ability to be able to offer the RedFinPOS(TM) as an "All in One" POS solution leveraging the latest state of the art hardware available in the marketplace today, or as a software only solution, will enable RedFin to provide its resellers a flexible POS solution which can be adapted to fit the client's needs."

RedFinPOS(TM) also has an Android(R) Tablet POS version that can be used in conjunction with its countertop solution, as well as a standalone solution leveraging a "clouds based" computing configuration. The Tablet has been integrated with the Blue Bamboo(R) P25M card reader/printer, exclusively distributed by RedFin in North America, as a pay-at-the-table solution.

About RedFin Network

RedFin is a payment solutions provider, operating a powerful payment gateway used to perform Secure Electronics Payment Processing. The RedFin Network Payment Gateway is CISP (Cardholder Information Security Program) and PCI (Processor Card Industry) compliant. RedFin Network is the exclusive distributor in North America for Blue Bamboo products ( www.bluebamboo.com ) and also distributes HioPOS(R) ( www.hiopos.com ) POS transaction processing hardware.

The RedFin Network logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13866

About Amber Systems Technologies

Amber Systems has been a developer of POS software for over 8 years in the United States. Amber has focused on providing stable, but cost effective and customer friendly solutions for hospitality, retail, and custom applications. AST has focused on all-in-one systems with connectivity to Android(R) tablets and Cloud for back-up.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: RedFin Network, Inc.