News

NCR secures orders for more than 5,600 ATMs from China

January 22, 2007

DAYTON, Ohio ¯ NCR Corp. announced that in 2006 it secured ATMs orders totaling more than 5,600 units from China's four commercial banks - Agricultural Bank of China, Bank of China, China Construction Bank and Industrial & Commercial Bank of China.

According to a news release, the orders for NCR's Personas ATM line included no-envelope deposit technology and second-line maintenance services. Rollout of the orders continues is is expected to be complete by year's end.

According to Richmond, England-based Retail Banking Research Ltd., NCR in 2005 held a leading share in China's ATM market at 33.7 percent. And RBR estimates that the ATM market in China market will grow about 8 percent annually over the next five years.

With the additional orders placed in 2006, NCR says it expects to maintain its market position in China.

"This demonstrates the value our customer partners place in NCR's leading self-service technology, service capabilities and commitment to the China market," said Bob Tramontano, vice president of self-service for NCR's Financial Solutions Division. "We will continue to work with our customers to address their unique needs while investing in research and development that will continue to benefit our customers and consumers in the China market and around the world."

In addition to the company's manufacturing facility in Beijing as well as its China Currency Management Center and Center of Expertise for Modern Check Image Processing Technology, NCR also has opened the NCR/Dalian Maritime University Human-Computer Interaction Research Center in China. The center will study how consumers use self-service technologies.