Presto Voice A.I. to Significantly Expand at Del Taco Drive-Thru Restaurants

Investing in the way forward for the drive-thru expertise, the nation’s second largest Mexican fast service restaurant, Del Taco, is embracing Presto Voice A.I. at a number of drive-thru places nationwide. This will enhance labor productiveness, ship higher visitor and workers expertise, and drive elevated income.SAN CARLOS, Calif., January 10, 2023–(BUSINESS WIRE)–Presto Automation Inc. (Nasdaq: PRST), the most important drive-thru automation expertise supplier within the hospitality trade, is saying an growth of its partnership with Del Taco Restaurants, Inc., the nation’s second largest Mexican fast service restaurant, to present automated voice ordering at a number of drive-thru eating places nationwide. Its synthetic intelligence (A.I.) powered resolution, Presto Voice™, is already working 24/7 at choose Del Taco places the place it’s considerably serving to operations by enhancing labor productiveness, rising suggestive promoting, and boosting visitor and workers expertise. Del Taco has 600+ places nationwide.”With Del Taco’s need to construct a drive-thru that improves operational effectivity whereas delivering an elevated visitor expertise, the Presto A.I.-based voice assistant resolution is a pure selection,” mentioned Kevin Pope, Vice President Operations Innovation at Del Taco. “The Presto platform and workforce have exceeded our expectations and we’re excited as we put together to deploy the answer at extra eating places throughout the nation.”Last 12 months, Del Taco performed a complete take a look at of Presto Voice. During this take a look at, the Presto conversational A.I. voice assistant greeted friends, reliably accepted their orders, and constantly supplied upsell solutions. Over 95% of the drive-thru orders positioned utilizing Presto Voice are being accomplished with no workers intervention, and seamlessly being despatched to the Point of Sale (“POS”) system and the Kitchen Display System (“KDS”). As a consequence, Del Taco has now determined to begin deploying Presto Voice at extra places nationwide.”We are excited to be partnering with Del Taco as their drive-thru A.I. voice automation associate,” mentioned Dan Mosher, Chief Revenue Officer of Presto. “Del Taco’s imaginative and prescient of the way forward for the drive-thru is inspiring and Presto is one of the best positioned automation expertise supplier to assist it.”As the demand for comfort goes up throughout the restaurant class and staffing headwinds proceed, automation is an environment friendly and efficient reply. Presto Voice gives a big benefit to eating places by minimizing human error, decreasing wait instances, and liberating up workers to allow them to concentrate on enhancing buyer expertise.Presto Voice has confirmed to be one of the best positioned automation expertise associate for the drive-thru restaurant trade with its superior reliability and talent to shortly scale throughout hundreds of eating places. It is much more highly effective when augmented with Presto Vision™, one other A.I.-powered product, that gives 16 distinctive operational metrics on drive-thru efficiency. These real-time metrics may also help cut back wait time and improve order accuracy.To be taught extra about Presto’s merchandise, please contact [email protected] or go to PrestoPresto overlays next-gen digital options onto the bodily world. Presto’s enterprise-grade voice, imaginative and prescient, and contact applied sciences assist hospitality companies thrive whereas delighting friends. With over 300 million transactions processed, Presto is likely one of the largest labor automation expertise suppliers within the trade. Founded at M.I.T. in 2008, Presto is headquartered in Silicon Valley, Calif. with clients together with lots of the prime 20 restaurant chains within the U.S.About Del TacoDel Taco gives a singular number of each Mexican and American favorites akin to burritos and fries, ready contemporary in each restaurant’s working kitchen with the worth and comfort of a drive-thru. Del Taco’s menu objects style higher as a result of they’re made with high quality components like freshly grilled hen and carne asada steak, contemporary house-made guacamole, contemporary house-grated cheddar cheese, slow-cooked beans comprised of scratch, and signature creamy Queso Blanco.Founded in 1964, immediately Del Taco serves greater than three million friends every week at its roughly 600 eating places throughout 16 states. Del Taco’s dedication to offering friends with the highest quality and worth for his or her cash originates from cooking, chopping, shredding, and grilling menu objects from scratch. For extra data, go to StatementsThis press launch incorporates forward-looking statements throughout the which means of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Statements that refer to projections, forecasts or different characterizations of future occasions or circumstances, together with any underlying assumptions, are forward-looking statements. Forward-looking statements are sometimes recognized by phrases akin to “plan,” “imagine,” “anticipate,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “mission,” “proceed,” “might,” “could,” “would possibly,” “attainable,” “potential,” “predict,” “ought to,” “would” and different related phrases and expressions, however the absence of those phrases doesn’t imply {that a} assertion just isn’t forward-looking. The forward-looking statements are based mostly on administration’s present expectations and assumptions about future occasions and are based mostly on at present out there data as to the result and timing of future occasions. The forward-looking statements communicate solely as of the date of this press launch or as of the date they’re made. Except as in any other case required by relevant regulation, Presto disclaims any responsibility to replace any forward-looking statements, all of that are expressly certified by the statements on this part, to replicate occasions or circumstances after the date of this press launch. Presto cautions you that these forward-looking statements are topic to quite a few dangers and uncertainties, most of that are troublesome to predict and plenty of of that are past the management of Presto. In addition, Presto cautions you that the forward-looking statements contained on this press launch are topic to the next dangers and uncertainties: our potential to handle our progress successfully, to maintain our latest income progress or entice new clients; the restricted working historical past with our new Vision and Voice merchandise in a brand new and creating market; our potential to obtain income progress whereas our bills improve; continued hostile impacts from COVID-19 (together with because of international provide chain shortages); the lack of any of our three largest clients or a discount of their enterprise with us; our potential to enhance and improve the performance, efficiency, reliability, design, safety, or scalability of our platform to reply to clients’ evolving wants; our potential to shield the safety of our clients’ data; altering privateness legal guidelines, rules and requirements, and our potential to adjust to contractual obligations and legal guidelines associated to knowledge privateness and safety; unfavorable circumstances within the restaurant trade or the worldwide economic system, together with with respect to meals, labor, and occupancy prices; the supply of capital or financing on acceptable phrases, if at all; monetary covenants and different restrictions on our actions contained in our financing agreements that will restrict our operational flexibility; the size and unpredictability of our gross sales cycles and the quantity of investments required in gross sales efforts; materials weaknesses in our inside management over monetary reporting and, our potential to remediate these deficiencies; our potential to proceed as a going concern; our potential to obtain extra financing in a well timed method; shortages, worth will increase, adjustments, delays or discontinuations of {hardware}; our potential to keep relationships with our cost processors; our reliance on laptop {hardware}, licensed software program and companies rendered by third events; U.S. legal guidelines and rules (together with with respect to cost transaction processing), a lot of that are unsettled and nonetheless creating, and our or our clients’ potential to adjust to such legal guidelines and rules; important adjustments in U.S. and worldwide commerce insurance policies that prohibit imports or improve tariffs; any necessities to acquire extra gross sales taxes or be topic to different tax liabilities that will improve the prices to our clients; our potential to adequately shield our mental property rights; claims by third events of mental property infringement; our use of open-source software program in our platform; and different financial, enterprise, aggressive and/or regulatory components affecting Presto’s enterprise usually as set forth in our filings with the Securities and Exchange Commission.View supply model on Presto:Rajul MisraChief Marketing Officer+1 (408) [email protected] Del Taco:Allison+Partners for Del Taco+1 (619) [email protected] [email protected]

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