Avero Unveils Groundbreaking Enhancements To Its Industry-leading Slingshot Solution

NEW YORK, NY - March 29, 2012 -Avero LLC, the leader in business intelligence and performance management solutions for the Hospitality industry, announces the availability of the latest version of Avero Slingshot, the powerful and complete analytics platform that was designed specifically for restaurant operators by operators. This release of Avero Slingshot enhances the industry's most powerful business intelligence solution with new reporting and analytics features that provide unprecedented visibility and insight into restaurant operations.

"Avero currently processes more than $13 Billion in food and beverage transactions annually across the globe and we're supporting the industry with the most advanced and innovative tools available to the hospitality industry," said Damian Mogavero, Founder and CEO of Avero, LLC. "The latest release of Avero Slingshot is invaluable to business operations, as it provides operators with essential intelligence tools to dramatically increase food and beverage margins, which leads to greater efficiencies that positively affect a company's bottom line."

New Avero Slingshot highlights include:

- Flexible Custom Categories - allows users to easily create and view their own menu categories in Avero Slingshot, without the need to reprogram point of sales systems. This enables managers to better manage sales of specials, promotions and other menu items.

- Enhanced Labor Reporting - allows users to quickly assess multiple labor performance metrics over time quickly and in a single report. Users can view data against last year's performance and trend labor spend by hour throughout the day to make better staffing decisions.

- Bold, New Look - allows users to easily access reports at the Group level and Outlet level, to quickly drill-down into data and easily identify operational opportunities and find solutions.

Avero offers the most powerful web-based software that gives all company employees (corporate to frontline managers) instant access to critical business intelligence and performance metrics. By consolidating data from existing point-of-sale systems into an easy-to-use tool, Avero allows operators to increase revenues through higher average checks and decrease costs through tighter control of food, beverage, labor, and promotion costs, while enhancing customer relationships and increasing customer satisfaction.

Powered by a proprietary report generator, Avero Slingshot gives operators the flexibility to view their data exactly how they need it. Advanced filters, such as meal periods, revenue centers, and employee classes allow any user the ability to reformat and manipulate a day, a week, or a year's worth of figures on the fly. Avero Slingshot is easily accessible through any web browser, and because it is system-agnostic, it can be interface with any Point of Sale and Labor solutions used by restaurants.

About Avero, LLC
Avero is the leading provider of performance management solutions for the Hospitality industry. Avero Slingshot is proprietary platform enables front-line managers to make quick and proactive decisions which ultimately drive deeper sales insights, reduce prime costs, and enforce tighter operational controls, all while improving the overall guest experience. Avero's easy-to-use, web-based ASP technology automatically downloads point-of-sale information and generates profitability reports, allowing food & beverage operators to provide outstanding hospitality by spending more time at their customers' tables rather than at their desks. Avero's system deploys quickly, is highly configurable and is easily integrated with existing POS and Labor reporting solutions.

Avero currently processes more than $13 Billion in annual Food & Beverage transactions for more than 7,000 operators, including many of the most respected organizations in the restaurant, casino