News

GRG Banking signs with Paragon for ATM software

February 26, 2008

HOLLY SPRINGS, N.C. — Paragon Application Systems, provider of electronic-payment simulation, configuration and testing software, has signed with China-based ATM manufacturer GRG Banking Equipment Company Ltd. to provide its FASTest and ATMulator Plus software to the ATM manufacturer.

"The ATM market is at a pivotal point and GRG Banking appears poised to emerge as a major global ATM provider," said Jim Perry, Paragon's vice president of sales and marketing. "We are pleased GRG Banking selected Paragon as their e-payment testing provider, and we look forward to working with them as they continue to grow their market share."

According to a news release, GRG will use Paragon's FASTest and ATMulator Plus to develop, test and demonstrate new ATM features.

In order to expand internationally, GRG Banking says it needed software to assist the company in testing new features such as the integrated chip-card (EMV) extension to its ATM application offerings. GRG chose Paragon solutions based on the proven track record of the software along with Paragon's expertise in implementing new global technologies, including EMV.

"GRG Banking expects Paragon's software will improve the functionality of our software products and allow us to include new features in our software such as EMV and remote key loading function," said Linda Lu, manager of GRG's worldwide technology center. "We appreciate the service and expertise that Paragon has provided and look forward to a long-term business partnership."