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OKI Launches Small-Size ATMs for the Chinese Market.


- With the ATM21SX, OKI Aims to Sell 10,000 Units by 2010 to the Mid-and Small-Size Branches for Financial Institutions -

TOKYO -- Oki Electric Industry Co., Ltd. (TOKYO:6703) today unveiled its ATM21SX, a small-size ATM for mid and small-size branches of the financial institutions and convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence.  in the Chinese market. By adding ATM21SX to OKI's ATM product lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime.  for China, after its full-specification ATM, "ATM21S," OKI can now respond to the needs of various levels of branches, from large-size branches to mid- mid-
pref.
Middle: midbrain. 
 and small-size branches that have limited installation space. Sales will start from the end of April 2007, and OKI expects to thus accelerate its ATM sales in China, targeting sales of 10,000 of its ATM21SXs by 2010.

"While banks are installing new ATMs and the number of convenience stores in China is expected to increase, demand for small-size ATMs that can effectively use limited space is also expected to increase," said Yoichi Kawashima, President of Systems Hardware Company at Oki Electric Industry. "Targeting this market for mid- and small-size branches, we unveil the ATM21SX, combining the technology we have accumulated ac·cu·mu·late  
v. ac·cu·mu·lat·ed, ac·cu·mu·lat·ing, ac·cu·mu·lates

v.tr.
To gather or pile up; amass. See Synonyms at gather.

v.intr.
To mount up; increase.
 in making ATMs for Japanese convenience stores with the ATM21S technologies, an ATM for the Chinese market. We succeeded in reducing the installation space by 30% compared to our previous model, achieving a small-space ATM, which no other company has been able to provide thus far."

Like the ATM21S, the ATM21SX adopts the cash recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment.  method. This method enables the deposited cash to be reused as withdrawal cash, improving efficiency in cash operations in a compact chassis Pronounced "chah-see," it is a physical structure that holds everything or that everything is attached to. A computer's cabinet is often called the chassis. . By improving ATM reliability and enabling a long period of unattended operation with a cash capacity of 7,000 banknotes and 5,000 receipts, OKI succeeded in significantly reducing the operation cost.

ATM21SX is manufactured at OKI's production plant in China, Oki Electric Industry (Shenzhen) Co., Ltd. (OSZ OSZ Operation Spam Zombies (US FTC and others)
OSZ Organisation Secrète Zéro (French) 
). Going forward, OSZ will develop new markets by providing consistent ATM service from design to manufacturing, sales, and through to maintenance. In addition, OKI also plans to provide this ATM not only in China, but also to new markets including Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east.  and the Pacific markets, with plans to expand into the European market.

About Oki Electric Industry Co., Ltd.

Founded in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications.  manufacturer, with its headquarters in Tokyo, Japan. OKI provides top-quality products, technologies and solutions to its customers through its info-telecom system business, semiconductor business and printer business. All three businesses function as a collective force to create exciting new products and technologies that satisfy a spectrum of customer needs in various markets. Visit OKI's global web site at http://www.oki.com/.

Notes:

* Names of companies and products are trademarks or registered trademarks of the respective companies and organizations.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Industry overview
Date:Apr 16, 2007
Words:460
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