NCR Secures Significant ATM Orders Totaling Over 5,600 Units from Top Four Chinese Commercial Banks in 2006.Continues to Lead China's Financial Self-Service Market DAYTON, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. -- 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. (NYSE NYSE See: New York Stock Exchange :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 ) today announced its continued leadership of China's 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) market, having secured significant orders in 2006 totaling over 5,600 units from the top four local Chinese commercial banks. This includes the Agricultural Bank of China The Agricultural Bank of China (ABC) (Simplified Chinese: 中国农业银行; Traditional Chinese: 中國農業銀行 , Bank of China, China Construction Bank and Industrial & Commercial Bank of China. The orders are comprised of NCR Personas ATMs, Intelligent "No Envelope" Deposit technology and second-line maintenance services. Rollout continues into 2007 and will be complete by year's end. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the latest research report by independent research company, Retail Banking Research (RBR RBR Richard Burns Rally (game) RBR Rubber RBR Radio Business Report (magazine) RBR Red Bull Racing (Formula 1 motor racing team) RBR Row Based Replication ), NCR has a leading market share in China of 33.7 percent in 2005. With the 2006 orders from the Chinese commercial banks and its overall China orders, NCR expects that it will comfortably maintain its leadership of the China market. RBR estimates that the China market will grow at an average annual rate of 8 percent over the next five years. "We are proud to achieve such a significant share of orders, which further solidifies NCR's market leadership in the greater China region. This demonstrates the value our customer partners place in NCR's leading self-service technology, service capabilities and commitment to the China market," said Bob Tramontano, vice president of self-service for NCR's Financial Solutions Division. "We will continue to work with our customers to address their unique needs, while investing in research and development that will continue to benefit our customers and consumers in the China market and around the world." In addition to NCR's manufacturing presence in Beijing, its innovative China Currency Management Center and its Center of Expertise for Modern Check Image Processing Technology, the company recently announced the opening of the NCR/Dalian Maritime University Human-Computer Interaction Research Center. This is the first center in China to study how consumers use self-service technologies so that the most relevant solutions for this market can be developed and deployed. About NCR Corporation NCR Corporation (NYSE:NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's Teradata[R] data warehouses, ATMs, retail systems, self-service solutions and IT services provide Relationship Technology[TM] that maximizes the value of customer interactions and helps organizations create a stronger competitive position. NCR (www.ncr.com) is based in Dayton, Ohio. NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. |
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