Newsagency software company Tower Systems has agreed acquisition terms with the owners of the NewsPOS newsagency software business.

NewsPOS serves a loyal community of newsagents in Queensland and New South Wales and has offered best-practice low-cost newsagency software for some years.

Under the terms of the transaction, Tower Systems will assume full responsibility for the NewsPOS software and customer service from next week.

“We will maintain the NewsPOS software, price model and support services and not pressure NewsPOS users to switch” commented Tower Systems Managing Director Mark Fletcher. “Our development and help desk teams will be trained in NewsPOS so that we can provide easy access to quality support for as long as is needed.”

“I am thrilled to have found a place where NewsPOS users can continue to use the software without pressure to switch” commented David Groth, the founder of NewsPOS and the force behind the business. “I am looking forward to working with Tower, training their people and introducing them to NewsPOS customers.”

The acquisition by Tower Systems extends its newsagent market share, pushing its newsagent customer numbers to more than 1,800. The next largest newsagency software company is POS Solutions with an estimated 600 newsagents as customers.

The Tower software serves newsagents in the retail management, stock control, theft management, sub agent and newspaper home delivery areas.

With consolidation of newsagency businesses and newsagent suppliers very much in play in 2012, this acquisition is not expected to be the last in the newsagency software space.

Newsagents using the NewsPOS software are welcome to contact David Groth on 0412 079 308 or Mark Fletcher on 0418 321 338. Once the hand over has been completed Tower Systems will email and fax help desk contact details to all NewsPOS customers.