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In February 2006, when Prezzo owned 73 restaurants, it initiated a major expansion of the business by dropping the price per share. This successfully raised £7.125 million to fund further expansion. Net cash at the half-year was £9.4 million. During the first six months of 2006 Prezzo opened 12 new restaurants. [14]
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Presto is a technology platform for the restaurant industry developed by Redwood City–based E la Carte. The company targets the customer-facing technology market for full-service and quick-service restaurants. [1] Their products consist of computer vision, speech recognition, AI, tabletop tablets, and server tablets.