News

Level Four signs distribution agreement with TietoEnator

March 16, 2005

MIAMI - Level Four Software, a provider of ATM and point-of-sale testing and development software, has signed a distribution agreement with TietoEnator, a supplier of value-added IT services in Europe.

TietoEnator become a third party distributor of Level Four's ATM Channel Development Suite in the Baltic states of Latvia, Lithuania and Estonia, as well as the 12 member countries that comprise the Commonwealth of Independent States.

According to a news release, banks in the Baltic and CIS markets have taken a proactive approach to meeting Visa's January 2006 mandate for EMV migration.

Level Four's ATM Channel Development Suite, specifically the EMV FastTrack module, offers the ability to create EMV-compatible ATM downloads and full end-to-end transaction testing directly from the chip card, through the ATM and up to the host system.

Under the agreement, TietoEnator will distribute and support key components of Level Four's ATM Channel Development Suite, including ATM Simulator, ATM Reporter, ATM Developer and the Triple DES module for enhanced security encryption.