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DALLAS - ATM Ventures, a full-service ATM sales and service organization, in September opened an office in Dallas. 
 
According to a news release, ATM Ventures opened the new office to accommodate its growth, which over the last five years has averaged more than 25 percent annually in sales and net income. 
 
To help meet company demands and a need to expand, ATM Ventures has brought David Reed, an ATM sales and service veteran of 25 years, aboard to open and operate the Dallas office. Reed is a former senior vice president of Affiliated Computer Services, where he was directly involved with the establishment of one of the largest third-party service companies in the country. 
 
As a Triton Master Distributor, as well as being Long Beach, Miss.-based Triton Systems' No. 1 sales organization to the financial industry for the last three years, ATM Ventures says it has learned a great deal from beta-testing Triton's newest equipment.
 
The company also is a Master Distributor for Nautilus Hyosung Inc., whose equipment until late last year had been distributed in the United States through a deal with Tranax Technologies Inc.  Because of Nautilus' new independence in the market, as well as its suite of advanced-function ATM models, Phil Suitt, ATM Ventures' president, says Nautilus is poised to play "a major role" in the ATM Venture's expansion plans.
 
ATM Ventures also has negotiated a Master Distributor Agreement with Itautec, a South American manufacturer of ATMs, kiosks and self-checkout systems. 
 
Suitt says he expects his company to expand into the kiosk business through its relationship with Itautec. U.S. certification of Itautec's equipment is underway.
 
ATM Ventures is hosting a VAR (value-added reseller) conference to provide equipment and sales training in November in Houston.

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