IVI Checkmate Corp. reported this morning a net loss of $2.3 million for the first quarter. IVI Checkmate’s financial performance in the first quarter was primarily affected by its decision to temporarily halt shipments of its ‘eN-Touch 1000’ terminal in order to carry out certain technical changes. While there were no problems in the functionality and usability of the terminal, IVI Checkmate discovered intermittent and inconsistent wear patterns on the protective coating on the glass of the installed terminals when used in a particular retail environment which contained concrete and chemical dust in the air. As a result after a study of alternative technologies, the company decided in March to adapt and integrate an alternative technology that would produce a more robust product and reduce the overall cost of ownership during the life of the product. Terminals utilizing this alternative technology have already been installed in the field for further testing, and have been performing well; however, IVI Checkmate is still awaiting final acceptance from its customers before resuming full production. For more information on IVI Checkmate’s 1Q/99 visit CardData ([www.carddata.com]).