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    Valero Selects Transaction Network Services

    The company will provide broadband-based protocol (IP) networks and transaction solutions to Valero's wholesale branded locations.

    RESTON, Va. -- Valero Energy chose Transaction Network Services Inc. to provide broadband-based Internet Protocol (IP) networks and transaction solutions for its wholesale branded Valero locations.

    "Valero's new partnership with TNS will provide our branded distributors with access to the highest standard of connectivity and data communications technology," said Eric Moeller, vice president of wholesale marketing for Valero. "TNS is an experienced provider of secure network connectivity and we are excited to be offering their FusionPoint products to our branded distributors."

    The FusionPoint services from TNS enable Valero to set a technology standard to ensure store applications flow through one broadband pipe, simplifying connectivity and delivering significant savings in time and maintenance costs, the company reported. Valero will market and contract directly with its wholesale distributor network and TNS will provide the back-end data connectivity to the stores meeting their specific requirements -- which may include any combination of POS terminals, ATMs, automated tank gauging, check-cashing, VoIP, DVR data and additional data communication needs.

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