De La Rue Cash Systems announced orders for its ATM cash dispensing engines totalling over GBP 8 million in the U.S., France and Brazil.
Around 8,000 of its single denomination dispensers will be shipped to the U.S. during the first half of 1999. This makes De La Rue the leading OEM supplier of dispensing mechanisms to the country's fast growing retail mini-ATM market.
In Brazil, a new contract with Itautec, Brazil's leading ATM manufacturer, has consolidated the company's existing business with new orders for more than 1,000 cash dispensing units destined for Banco Itau, one of Brazil's largest banks.
The company also gained a new GBP 1 million order with the leading ATM manufacturer in France.
In 1999 De La Rue plans to focus on developing its multi-media dispensing mechanisms for mature self-service markets which need products that dispense more than just cash. The Japanese market will be a major target.
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