News

GPI announces distribution deals with Triton, Lipman

December 29, 2004

DIAMOND BAR, Calif. - Global Pronex Inc. (GPI), a provider of turnkey ATM solutions, has been selected to become a distributor of Triton's ATM parts.

As a distributor of Triton's ATM parts, GPI will be able to obtain components directly from Triton. According to a news release, this arrangement will allow GPI to receive parts more quickly at a reduced cost, allowing GPI to serve its customers better. GPI has also been granted a credit line under the agreement.

Jake Yu, president and CEO of GPI, said, "We are currently serving many customers with
Triton ATMs for which we need new parts. The new agreement will help us serve our customers better and more profitably."

GPI also has been selected to become a distributor of Lipman USA.

According to a news release, an important addition to GPI's product line is Lipman's Nurit Cashless Kiosk, which dispenses printed receipts that can be used to purchase goods or services, or can be immediately redeemed for cash. The solution is designed for merchants who want to offer the benefits of an ATM, without dispensing cash.

"The cashless ATMs are ideal for a segment of our customers who want to offer many of the benefits of an ATM solution at a reduced price. They are also great for locations where merchants feel uneasy about having ATMs because of security concerns," Yu said.