March 6, 2002
ATLANTA --Lynk Systems, Inc., and EchoSat Communications Group, which provides private, managed, dedicated satellite and WAN solutions, have teamed in a joint business initiative to provide ATM processing over VSAT satellite communications networks.
Lynk and EchoSat plan to integrate the service offering into EchoSat's previously announced joint venture with Fuel Nation, which provides back office software applications, "real-time" information via a wireless PDA, and fast, reliable satellite connectivity in an integrated program.
The initial target for this offering is the petroleum and convenience store industry, one of the biggest markets for ATM deployers. Petroleum and convenience stores utilizing the Lynk/EchoSat solution will be able to integrate their ATM processing onto a dedicated satellite Wide Area Network (WAN).
David Howe, senior vice president of Lynk, said, "The combination of Lynk's superior ATM solution with EchoSat's Intelligent ESAT network is a real value add for retailers. This is just the beginning of Lynk services that can be efficiently utilized with EchoSat's technology."