Bank of Montreal Awards Million Dollar Plus Contract to Frisco Bay.MONTREAL--(BUSINESS WIRE)--Aug. 15, 1996--FRISCO BAY INDUSTRIES (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FBAYF) Frisco Bay Industries Ltd., an international provider of automated transaction, time management and integrated security systems for financial institutions, government agencies and industry, today announced that it has again received a significant order from the Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad. Bank of Montreal/Banque de Montréal (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I). to supply cash dispensing systems to branches across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. . The contract is worth in excess of $1 million CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. . This represents the second major contract Frisco Bay has received from the bank within the past three months. The Bank of Montreal, which owns Harris Bank Corporation in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , is the 3rd largest chartered bank Chartered Bank A financial institution whose primary roles are to accept and safeguard monetary deposits from individuals and organizations, and to lend money out. The details vary from country to country, but usually a chartered bank in operation has obtained government permission in Canada. Frisco Bay units enable branch staff to handle cash quickly and efficiently. Additionally a greater degree of security is provided as money is stored in the unit's safe, rather than in individual teller drawers. "Frisco Bay is a value-added provider of advanced technologies to the financial services industry," said Barry Katsof, Chairman and Chief Executive Officer. "This important order, following so closely on the heels of the initial contract awarded in May, emphasizes our leadership position and the industry's confidence in our products and services," commented Katsof. Frisco Bay Industries Ltd. services its clients through sales and service offices across Canada, the United States and Latin America where it is recognized as an integrated solutions expert. CONTACT: Frisco Bay Industries Ltd. Barry Katsof, 514/738-7300 or Frisco Bay Industries Ltd. Heather Halickman, 514/738-7300 |
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