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Nautilus Hyosung to show new ATM products at RD

November 5, 2007

DALLAS - Nautilus Hyosung Inc. says it plans to exhibit its new Monimax ATM series during BAI's Retail Delivery Conference & Expo this month in Las Vegas.

The expo runs Nov. 13-15.

According to a news release, the new ATM series includes the Monimax 7600, a full-function lobby ATM; the Monimax 5300, a full-function ATM that can be upgraded with a sidecar for additional services; the Monimax 6100, a check-imaging ATM; and the Mini-Bank 1800, a retail ATM.

"The Monimax series ATMs have been developed for the retail and financial industries as a way to enhance the revenue stream at the ATM," said Chan G. Park, president of Nautlius Hysoung's U.S. operations. "This new product line is strategically positioned to enhance our presence and long-term commitment to the North American market by showcasing our proven technologies of bulk-note bill-acceptance and check imaging."

Nautilus Hyosung is a subsidiary of Korea-based Hyosung, a multinational conglomerate with annual revenue exceeding $6 billion, that operates a distribution center in Coppell, Texas. Since beginning U.S. operations in early 2007, Nautilus Hyosung has sold more than 10,000 ATMs in North America.

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