New Page 1
DAYTON, Ohio – NCR Corporation (NYSE: NCR), the world’s leading
automated teller machine (ATM) provider, announced today an alliance of its
wholly owned subsidiary, NCR EasyPoint LLC, with Australian-based
wireless-technology company, Symstream Technology Group Ltd. The alliance
enables NCR to globally market a range of EasyPoint ATMs with Symstream wireless
technology.
The NCR EasyPoint ATMs with the wireless connectivity option will
initially be deployed in developing countries that have extensive Global System
for Mobile Communications (GSM) voice networks, but limited data networks. The
alliance will focus first on opportunities in Indonesia, India and other parts
of the Asia-Pacific region. However, the partnership also offers worldwide
potential for the integration of the Symstream™ II solution into NCR’s EasyPoint
product range.
The combined solution will allow merchants to send transactions to
their financial-services provider without needing to connect to a fixed-line
communications network. The NCR-Symstream solution allows faster, reliable ATM
services across a broader geographic network and frees merchant customers from
dependency on the availability of sophisticated and costly fixed-line networks.
“The integration of Symstream II with NCR’s EasyPoint ATMs will
provide the market with a faster ‘one-stop shop’ approach to what has,
historically, been a complex and difficult solution to provide,” explained
Symstream Managing Director Michael Neistat. “The quality of the NCR brand, the
strength of their distribution, support and technology, combined with our
world-leading wireless technology, will overcome many of the current
barriers-to-entry in this market segment, particularly in developing countries.”
Michael Hudson, general manager of NCR EasyPoint, LLC, said, “This
alliance represents a further strengthening of NCR EasyPoint’s strategy to
develop complete end-to-end solutions, rather than simply selling stand-alone
products. With this particular solution, we have found a partner with leading
technology that seamlessly integrates with our products and allows us to offer
added value by bundling the offering with our ATMs. This is just another
example of NCR’s commitment to the entry-level market segment.”
Symstream is already working with a number of wireless-phone
carriers throughout Asia, Australia and the Indian subcontinent, providing a
highly secure wireless solution to connect ATMs and electronic funds transfer
point-of-sale (EFTPOS) devices to banking networks.
