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SBE Entertainment Selects Shift4 for Payment Processing

LAS VEGAS, May 15 PRNewswire — Los Angeles' luxury hospitality leader, SBE Entertainment, signed an agreement with Shift4 Corporation, a supplier of secure payment processing services, to integrate Shift4's DOLLARS ON THE NET(R) web-based payment gateway. This contract provides SBE Restaurant and Nightlife Group's eclectic collection of restaurants and nightclubs with fast, reliable and secure payment processing with Shift4's DOLLARS ON THE NET.

"As one of the most recognizable and respected brand names, it was time for SBE to protect itself. Relying on PCI Compliance was not enough; we wanted 'Real Security.' With Shift4's data security technology in place, it will significantly lower the risk of a data security breach," said Steve Labrie VP of Information Systems, SBE.

Shift4 Corporation's DOLLARS ON THE NET provides high-speed and low-cost authorizations and settlements for credit, debit, check, private label and gift card transactions. This system is based on Tokenization technology — developed and publicly released by Shift4 in 2005 — that provides world class security by removing the merchant's responsibility for storing and maintaining credit card information at the point of sale (POS).

From ultra-chic nightclubs to high-quality and service restaurants, SBE remains at the forefront of innovation. Integrating Shift4's DOLLARS ON THE NET solution into the POS systems at world-renown destinations provides maximum protection for SBE's brand.

"As SBE continues to redefine the restaurant and nightlife industry with sophisticated offerings and cutting edge environments, Shift4's DOLLARS ON THE NET payment gateway lowers processing costs and provides world-class transaction security. DOLLARS ON THE NET streamlines the guest experience allowing SBE to focus on delivering the five-star level of service their clients demand," said Dave Oder, President and CEO, Shift4 Corporation.

About SBE Entertainment Group

Founded in 2002, the Los Angeles-based SBE Entertainment Group (SBE) brings exquisite balance to the interrelated worlds of modern hospitality, real estate development and independent film production. As a privately-held parent organization founded and helmed by CEO Sam Nazarian, SBE acquires, develops and manages exceptional projects through its specialized subsidiaries — SBE Hotel Group, SBE Restaurant and Nightlife Group, Bolthouse Productions, SBE Real Estate Group and Element Films. With a mission to redefine standards of excellence and innovation, Nazarian and his team draw on a wealth of institutional expertise and entrepreneurial know-how to create valuable synergies and unique alliances between these divisions, providing a complete lifestyle experience for SBE clients, whether they are staying in SBE properties, dining at SBE restaurants or enjoying Element films. The result: quality products rich in detail and originality, each created for a discriminating and diverse clientele.

About Shift4 Corporation

Shift4, a leading developer of secure financial transaction processing software and services, provides web-based, real-time enterprise payment solutions for leaders in the hospitality, retail, foodservices, auto rental and e-commerce markets. Through connectivity to most major processors, DOLLARS ON THE NET provides both high speed and low cost authorizations and settlements for credit, debit, check, private label and gift card transactions. DOLLARS ON THE NET also includes the ability to access, review and edit transactions prior to settlement, as well as a searchable, 24-month archive of transactions for reporting and charge back defense. For more information, contact John Mann, Vice President of Sales, (702) 597-2480 x3419 or jmann@shift4.com, or visit http://www.shift4.com.

SOURCE Shift4 Corporation

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