News

Nautilus Hyosung reports strong 2007 sales

February 4, 2008

DALLAS, Texas — ATM manufacturer Nautilus, which is owned by the $6 billion Hyosung Corp., reported strong North American sales in 2007 with 14,433 units sold, according to a news release.

"This strong performance is a reflection of increased demand for our products," said Carlos Siewczynski, vice president of retail self-service for Nautilus. "The momentum is being carried into this year as Nautilus Hyosung is already exceeding sales estimates for January."

Nautilus Hyosung set up U.S. operations in Coppell, Texas, (just outside of Dallas, Texas) in March of last year in an effort to sell to ISOs and financial institutions and aggressively grow its presence in North America.

"Expansion into the market is well underway and we have gained market share due in large part to high customer demand for our products," Siewczynski said.

The company will showcase several of its models at the ATMIA East conference, including the NH-1520, the Monimax 5000CE and 5300 and the new NH-1800, which will be released later this month.

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