Gilbarco Goes Forward

Chevron approves Passport POS system; product now approved for all Major Oil brands

GREENSBORO, N.C. -- Chevron Corp.which earlier this week officially shortened its moniker from ChevronTexaco Corp.has approved Gilbarco's Passport as a go-forward point-of-sale (POS) system choice for Chevron and Texaco branded retailers.

Chevron will become the eighth major oil company network to certify the Passport system, the company said, effectively completing coverage for all major oil company brands.

"The ability to choose the same POS system for all my stores, regardless of brand, is important to the efficiency of my [image-nocss] business," said Dan Waring, president of Waring Oil Co., Vicksburg, Miss. "It affects the consistency and quality of the management information I get through my backoffice system, how I train new employees, how much flexibility I have to move people and equipment from store to store, and the number of suppliers and service providers I have," he said.

Waring operates 50 stores in Mississippi and Louisiana that are Chevron, Texaco and Exxon branded.

Gilbarco Veeder-Root and Chevron expect to complete development of the Passport by mid-2006, when field trials will begin. While the companies develop Passport, Gilbarco Veeder-Root offers a Smart License program for Chevron and Texaco retailers like Waring, who may choose to invest in a Gilbarco G-SITE system today, then migrate to Passport later at a reduced price.

More than 1000 Passport systems are currently operating on seven different major oil company networks, the company said.

Greensboro, N.C.-based Gilbarco Veeder-Root is a provider of retail and commercial fuel dispensers, POS systems, automatic tank gauges, fuel management services, submersible pumps, site and retail management and environmental compliance. Its integrated systems are designed to reduce cost of ownership, enhance environmental integrity, and improve performance and profitability for petroleum marketers, private and commercial fleets, and high-volume retailers. Business line brands include Gilbarco, Veeder-Root, Red Jacket and Gasboy.

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