Mr. Peter Dougherty reports

LIGHTSPEED RESTAURANT SERVES ONE BILLION MEALS IN A YEAR AND ELEVATES THE DINING EXPERIENCE FOR MILLIONS THROUGH TRANSFORMATIVE TECHNOLOGY

Today marks a game-changing milestone for Lightspeed Commerce Inc.: Restaurateurs have leveraged Lightspeed Restaurant to serve over one billion meals worldwide and facilitate more than 300 million unique, unforgettable experiences for diners in the past 12 months through this powerful restaurant solution. This extraordinary feat highlights the increase in Lightspeed Restaurant's transaction volume growth.

Powering the world's best businesses, Lightspeed is the unified POS (point-of-sale) and payments platform for ambitious entrepreneurs to accelerate growth, provide the best customer experiences and become a go-to destination in their space, including: Daniel Boulud -- Dinex Group (New York), Alinea Group (Chicago), Duro (Dallas), Telerefic (Los Angeles), Californios (San Francisco), Vatican Gift Shop (Toronto), Joe Beef (Montreal), Big Mamma (Europe), Da Terra (London), Arpege (Paris), De Librije (Amsterdam), Umami (Berlin), Chalet d'Adrien (Verbier), Mr. Miyagi (Melbourne) and Maybe Sammy (Sydney).

"Reaching this milestone of serving over one billion diners and facilitating more than 300 million dining experiences over the last year showcases the tremendous impact Lightspeed has on the global restaurant industry," said Peter Dougherty, general manager of hospitality at Lightspeed. "Through advanced technology, data-driven insights and continuous innovation, we are equipping restaurants to navigate ever-evolving challenges and redefine the dining landscape."

Tackling industry challenges

In an industry rife with challenges and operational complexities, Lightspeed Restaurant continues to establish its position as a critical ally for modern restaurants. Lightspeed Restaurant empowers establishments to maintain efficiency and exemplary guest experiences, even amidst staff constraints.

Streamline operations to serve customers faster

Lightspeed Restaurant helps business owners optimize their time so that they can spend more of it focused on their customers:

• The speed of the Lightspeed Restaurant platform means orders from the server to the back-of-house staff are on average 40 per cent faster than the competition.
• Improvements to how diners order and pay -- thanks to the seamless experiences offered with pay-at-table, tap-to-pay and scan-and-pay -- mean restaurant operators can say goodbye to unnecessary waiting as guests dine, order and pay, all from their seat.
• Tip management means that operators can maximize server earnings with intelligent tip suggestion and reporting.
• Enhanced APIs (application programming interfaces) mean that external systems can easily integrate into the platform, allowing for real-time inventory management.
• A strong off-line mode ensures business continuity, even without Internet connectivity.

Real-world impact

Testimonials from restaurant owners worldwide illustrate the transformative power of Lightspeed Restaurant. "Lightspeed gives us everything we need right at our fingertips," said Andrew Ketcham, associate director of operations at Atomic Hospitality in Chicago. "It allows us to get people in the door, give them a phenomenal experience, and get them on their way so that we're ready for the next group."

About Lightspeed Commerce Inc.

Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. The company's cloud commerce solution transforms and unifies on-line and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions and connection to supplier networks.

With teams across North America, Europe and Asia-Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

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