STRATEGIC PARTNERS
July 29, 2002
NORWOOD, Mass., July 15, 2002 - e-ClassicSystems, Inc. today announced a leasing program for the world's leading ATM business management system, ATM Manager Pro®. The program is targeted primarily at small and mid-size ATM deployers.
"Every deployer, large and small, needs an integrated business management system to efficiently manage the daily operations and accounting of their network," said Tyson Nargassans, Director of Sales and Marketing of e-ClassicSystems. "With the current economy, we needed to balance the need for our system with our customer's desire to conserve capital for new placements. The leasing program accomplishes these objectives. This program allows even the smallest organization to acquire the system used by the leading ATM deployers."
The program includes all future product releases and unlimited telephone and web support. Data conversion, on-site implementation, and training are also available. In addition, the lease can include the annual renewal fees if desired. The term can extend one to five years with the deployer having an option to acquire the rights to the software at the end of the lease term for a $1 buyout.
The leasing program will also enable customers to communicate electronically with other companies in the industry such as cash providers, armored carriers, processors, and of course, other ATM Manager Pro users.
"We examined a per transaction pricing model but selected the leasing program as our preferred method. We can prove the per transaction fee ultimately penalizes the deployer for future growth or superior locations," said Mr. Nargassans. "The leasing program creates a solid and efficient back-office environment for a fixed investment. This investment will lead to better customer service, improved profitability and most importantly, help every deployer expand their network without the need for additional staff, which is the number one expense for any small business. We are very excited about the program and look forward to working with every deployer."
About e-ClassicSystems, Inc.
e-ClassicSystems, Inc., based in Norwood, Massachusetts, is a premier provider of software solutions to organizations that deploy or manage ATMs. Its product, ATM Manager Pro®, is world's leading ATM business management system. Introduced in May 2000, ATM Manager Pro databases are managing the operations of more than 63,000 ATMs worldwide at 59 customer sites. The product suite offers a number of integrated modules to centralize all ATM-related data including assets, configurations, transactions, profitability, cash, service, supplies and more. e-ClassicSystems' mission isto deliver best-of-breed software solutions to help financial institutions and ISOs manage the operations and accounting of their ATM networks.For more information, visitwww.eclassicsystems.comor call Tyson Nargassans at 781.551.9123.
