STRATEGIC PARTNERS
January 27, 2002
LONDON -- NCR Corporation (NYSE: NCR) has announced a deal worth $1.5 million with the Tianjin Branch of the Agricultural Bank of China which involves the purchase of NCR's Personas 85 and Personas 74 machines.
This latest deal comes on the heels of three significant announcements in the Asian market in late 2000.
In November, NCR confirmed a major $14 million deal with the Bank of China, which strengthened NCR's position as the lead supplier to the bank, and also announced the purchase of 100 NCR ATMs by China Construction Bank in Guangdong and a $2 million-plus contract with the Beijing branch of Industrial and Commercial Bank of China (ICBC), which included the purchase of NT-ready Personas 75 and Personas 85 machines.
Peter Zee, NCR's vice president of Greater China Area, Financial Solutions Division, said, "In China itself, our business has benefited from increased investment in self-service solutions by large local banks in preparation for China's entry into the World Trade Organization. NCR is proud of the trust our customers put in the company in making us the leading supplier of ATMs in China."
