Advent Associates Receives Coveted 'Master Distributor' Designation from ATM Manufacturer NexTran; ATM Service Organization Will Also Resell Innobeta Systems ATM Processing Services.Business Editors/High-Tech Writers SOUTH HACKENSACK Hackensack, city, United States Hackensack, city (1990 pop. 37,049), seat of Bergen co., NE N.J., on the Hackensack River, a residential and industrial suburb of New York City; settled 1647, inc. as a city 1921. , N.J.--(BUSINESS WIRE)--July 24, 2003 NexTran Industries, Inc. has designated Advent Associates as a "master distributor" of NexTran products, it was announced today by NexTran Senior Vice President Tony Park. Advent, a significant ATM and ATM service provider, based in Hanover, Maryland Hanover, Maryland, is a locality in northwestern Anne Arundel County, Maryland in the United States, located south of Baltimore near the Howard County line. It is located approximately at the intersection of Maryland State Highway 100 and the Baltimore-Washington Parkway. , joins a select group of value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. , or VARs, with the master designation, said Park, in making the announcement. As part of the arrangement, Park explained, Advent will also market ATM processing services from Innobeta Systems, Inc., a sister company of NexTran. "We welcome Advent Associates to the family of NexTran master distributors," said Park in making the announcement. "Master distributorship requires an extensive resource network. Advent's focus on customer service and a full solution set allow them to provide this network." "We are pleased to be able to offer NexTran products to our customers," said Advent Executive Vice President. "NexTran's newer technology, including its Windows(R)-based platform, as well as Innobeta's Web-based real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. toolsets, fits well with our philosophy of providing innovative solutions for all of our customers' needs." As a master distributor, Advent will offer NexTran products to financial institutions through its national network of resellers and service companies, said Thomason. In addition, Advent will have the ability to resell re·sell tr.v. re·sold , re·sell·ing, re·sells 1. To sell again. 2. To sell (a product or service) to the public or to an end user, especially as an authorized dealer. Innobeta's processing services to financial institutions throughout the U.S. "Innobeta's simple-to-use terminal management and performance monitoring systems will provide added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
About NexTran Industries NexTran Industries, Inc. (www.nextran.net) provides a full-service range of ATM technology and solutions from its headquarters in South Hackensack, NJ. A subsidiary of Chungho ComNet Co., Ltd., based in Seoul, South Korea, NexTran provides end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. ATM solutions, including hardware, software, installation, training, ATM maintenance and monitoring, processing and customer service. About Innobeta Systems Innobeta Systems, Inc. (www.innobeta.com) provides transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. and ATM terminal driving services for financial institutions and independent sales organizations This article or section deals primarily with the English-speaking world and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . Its services include ATM terminal monitoring, cash management, network connectivity, and transaction settlement. Innobeta's processing platform can eliminate the need for gateways, providing direct connections to virtually every national and regional financial network. This results in faster approvals and fewer denial transactions. The key to the Innobeta platform is an open architecture that allows continuous availability, hardware independence and transaction security. About Advent Associates, Inc. Located in Hanover, Maryland, Advent Associates, Inc. (www.advent-inc.com) is a premier provider of ATMs, ATM parts, repair and terminals. Its services include ATM sales, service, technical assistance, training, and customized service programs. Its customers include major financial institutions, credit unions, and technology companies. |
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