Capital Market Technologies Signs Letter of Agreement with Better ATM Services.New Partnership Will Bring ATM-Dispensed Gift Cards, Premiums, and Incentives Technology to Europe MESA, Ariz. & LONDON -- Capital Market Technologies (CMT CMT Certified Medical Transcriptionist. CMT abbr. Certified Medical Transcriptionist CMT California mastitis test. ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMKT) has reached an agreement with Better ATM Services, Inc. to license the rights to distribute Better ATM Services' patented, groundbreaking technology throughout the European markets. Better ATM Services' breakthrough process enables existing automated teller machines 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. to dispense dispense /dis·pense/ (-pens´) to prepare medicines for and distribute them to their users. dis·pense v. To prepare and give out medicines. gift cards and other pre-paid media, premiums, and incentives from ATM trays--just like cash. Capital Market Technologies' 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. Jack Bouroudjian said, "The agreement with Better ATM Services allows us to make another important step in providing unique solutions to the financial markets in the U.K. and Europe. The expected impact of Better ATM Services' technology on businesses ranging from banks to advertisers is quite exciting. This move brings a very useful and practical solution to the changing European payments environment." Better ATM Services' CEO Todd Nuttall said this is another important step. "We are looking forward to working with CMT to guide our expansion into international markets. From initial reports, European customers are expected to rapidly embrace Better ATM Services' innovative ATM-based payment card dispensing technology. We anticipate some very creative applications of our technology developing from this relationship." Better ATM Services' efficient and cost-effective distribution option means banks, shopping malls, grocery stores, restaurants, independent service operators, advertisers, and any business can now offer prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. gift cards and other prepaid media, premiums, and
incentives through technology-enabled ATM machines (Automatic Teller Machine machine) A banking terminal that accepts deposits and dispenses cash. ATMs are activated by inserting a cash or credit card that contains the user's account number and PIN on a magnetic stripe. , increasing
profitability while offering consumers a new level of value-added
service A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. .
About Capital Markets Technologies Capital Markets Technologies (CMT) (OTCBB:CMKT) is a Chicago-based financial technology solutions company with operations in Chicago, Toronto, and London. The company provides innovative financial technology solutions to global financial institutions and major corporations. About Better ATM Services Better ATM Services (BATM BATM Bark At the Moon (Ozzy Osbourne album) BATM Belgian Association of Travel Managers ) (www.betteratmservices.com), a Mesa, Arizona-based company, supplies patented technology that enables an ATM to dispense prepaid gift cards like currency. Enabled ATMs dispense the prepaid cards via the ATM's cash tray using the machine's existing dispensing mechanisms. BATM licenses its technology to both ATM and prepaid card industry participants to provide a more secure, convenient, and profitable distribution option with additional revenue opportunities. BATM's patented technology assures continued operation within existing industry infrastructures and pricing models. For more information and to preview the latest video showcasing Better ATM Services at a recent industry conference, please visit www.betteratmservices.com or email info@betteratm.com. PHOTO 72dpi: Send2Press.com/mediaboom/08-0422-BetterATM_72dpi.jpg Photo Caption: Better ATM Services' ATMs can dispense prepaid cards and other printed materials. |
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