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NCR provides latest Personas M series ATMs to China's CITIC bank

March 19, 2006

BEIJING - NCR Corp. announced it has been awarded its first order from China's CITIC Bank, making NCR one of CITIC's leading suppliers of ATMs. Established in 1987, China's CITIC Bank CNCB is one of the earliest commercial banks formed in the course of China's reform.

Under the terms of the contract, NCR will provide CITIC with maintenance services and NCR's latest self-service technology, including NCR Personas ATMs and its newest, multi-function Personas M Series ATMs with NCR's industry-leading, multivendor Aptra Edge software.  This offers CITIC a solid foundation for the addition of new services and for the future deployment of a single software application environment across its entire ATM channel.

CITIC currently owns more than 1,000 ATM units nationwide.

The total solution offered by NCR, which includes hardware, software and supporting services, will help CITIC reduce the total operational cost of its ATM network, while enhancing its customer service and market competitiveness.

Jeff Lutz, vice president of Global Sales and Marketing for NCR's Financial Solutions Division, said, "We are pleased to help CITIC meet its retail banking development initiative, particularly in its goal to provide customers with 24-hour cash deposit and withdrawal services.  Looking ahead, we will continue to work closely with CITIC on its various self-service initiatives, including the potential for our unique high-availability services offer with its Self-Service Diagnostic Gateway analytics, which can further enhance the availability and the bank's ATM channel."