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BEAVERTON, Ore. - Aptus Financial, a Portland, Ore.-based ATM independent service organization, has awarded its Triple DES upgrade initiative to Beaverton, Ore.-based Solvport LLC, according to a news release.

Rick Holt, president of Aptus, said Solvport was the most suitable partner, "based on their experience with Triple DES upgrades and track-record in completing these types of projects." The upgrade is expected to be complete by June 2005.

In today's competitive ATM deployment market, "projects of this nature will become time-based, as well as cost-based," said Wayne Vandekraak, Solvport's chief executive.

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