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ACG Expands Affordable ATM Offerings to Financial Institutions with Distribution of Nautilus Hyosung's Ubitus 7040.


Business Editors

ATLANTA & NASHVILLE, Tenn.--(BUSINESS WIRE)--May 19, 2004

Korean manufactured ATM is comparable to NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers  and Diebold products but

costs 25 percent less

ACG ACG American College of Gastroenterology; angiocardiography; apexcardiogram.
AcG accelerator globulin (coagulation factor V).

AcG

accelerator globulin (clotting factor V).
 ATM-Remarketers, provider of affordable ATMs, kiosks and parts to community financial institutions and independent store operators, announced at the National Independent Bank Equipment and Systems Association Conference that it is now a national distributor of Korea-based Nautilus nautilus, in zoology
nautilus, cephalopod mollusk belonging to the sole surviving genus (Nautilus) of a subclass that flourished 200 million years ago, known as the nautiloids.
 Hyosung Inc.'s Ubitus 7040 automated teller machine automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip.  (ATM). The Ubitus 7040 is comparable in quality to that of NCR Corporation (company) NCR Corporation - Electronics company mainly active in the midrange server market.

NCR was founded 1884 as National Cash Register Company. It joint the computer industry in th 1950s.
 and Diebold ATM machines but costs 25 percent less.

"ACG constantly strives to expand affordable ATM offerings and services to financial institutions," said Woody Alderman, president of ACG. "Nautilus Hyosung enables us to provide customers with new ATMs that have excellent quality but that are one-fourth less than the price of comparable machines."

A walk-up, through-the-wall ATM, Ubitus 7040 has an Intel Pentium III processor and runs on a Windows XP operating system. It has a motorized mo·tor·ize  
tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es
1. To equip with a motor.

2. To supply with motor-driven vehicles.

3. To provide with automobiles.
 card reader, 12-inch LCD color monitor, depository and up to four 3,000-note cash cassettes. Specifically, comparable to NCR's Persona 86 ATM, Ubitus 7040 is manufactured to be Triple DES compliant and configured for TCP/IP TCP/IP
 in full Transmission Control Protocol/Internet Protocol

Standard Internet communications protocols that allow digital computers to communicate over long distances.
 communications. An additional feature offered with the Korean machine is a digital camera that records images on the hard-drive, used as a surveillance device.

"Triple DES compliance and enhanced technologies like TCP/IP are examples of how the ATM market is growing to meet the needs of consumers," said Dr. Byung-In Choi, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Nautilus Hyosung. "As the industry evolves and innovative ATM technology emerges, Nautilus Hyosung wants to be in the forefront of the movement. Recruiting companies like ACG to distribute Ubitus 7040 will help bring new ideas, technology and equipment into the American marketplace."

ACG sells the Ubitus 7040 for approximately $20,000, including delivery and installation and a one-year warranty on all components in the machine. Additionally, ACG will offer training classes on the new machine for field technicians and maintenance people at no additional cost.

"ACG is focused on delivering the best product at the lowest price, and with this offering from a solid company like Nautilus Hyosung, we are confident that we have found the right solution for ourselves and our customers," said Alderman. "With the Ubitus 7040, financial institutions can buy new and reliable ATMs and still save money."

About ACG ATM-Remarketers

Atlanta-based ACG ATM-Remarketers is a provider of affordable ATMs and kiosks at a cost 30 to 60 percent lower than that of comparable new equipment, as well as parts, maintenance and training for community financial institutions and independent maintenance organizations. Since its founding in 1986, ACG has served more than 500 financial institutions in the continental United States United States territory, including the adjacent territorial waters, located within North America between Canada and Mexico. Also called CONUS. , mainly credit unions and independent community banks. For more information, visit www.atm-remarketers.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 19, 2004
Words:469
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