QUORiON Boxen Achieves Certification for Swedish Cash Register Legislation

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 16, 2009 -- The Swedish cash register legislation becomes effective 1 January 2010. It stipulates that anyone who sells goods and services in return for cash payments must have a certified cash register. This rule is the result of legislation that the Swedish Parliament enacted (2007:592). The purpose is to protect serious business owners, who conduct cash transactions against unfair competition.

To enforce the new legislation every POS system manufacturer who wants to sell in Sweden will have to become certified by the Swedish tax authority. Certification of control units and POS systems is carried out by companies that are accredited by the board of
Accreditation and Conformity Assessment (SWEDAC).

After a long trial of tests and security documentation, QUORiON achieved certification for its Boxen control units. The Boxen will serve as a fiscal storage device, which will store all transaction data generated by a cash register or POS system. The Swedish tax authorities can then collect and analyze this data as well as levy the appropriate taxes for the business. "The Boxen control unit is ideal for this scenario, because business owners can connect their existing cash register or POS system. This way there is no need to replace their entire POS infrastructure", Frank Grueschow, QUORiON CEO, explains.

QUORiON is a German cash register manufacturer, who specializes in fiscal law implementations. Over the past decade the company has been selling its cash registers and POS systems worldwide in nearly 70 countries.