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NCR signs $6.5M service contract with UniCredito Italiano

June 25, 2002

LONDON -- NCR Corporation says it has signed a $6.5 million multiyear contract with UniCredito Italiano to provide hardware maintenance and support services to the bank's dual-vendor ATM network.

Under the terms of the contract, NCR will provide support for both NCR and Diebold ATMs. More than a half of UniCredito Italiano's 3,338 ATMs are NCR machines. 

Fabio Polzot, channel manager at UniCredito Italiano, said, "We have made a decision to have one vendor maintain our financial self-service hardware. Having decided to go down the single-vendor route, we considered a number of options. We chose to go with NCR on the basis of our previous experience with them and the channel management offer they proposed."

This announcement follows UniCredito Italiano's decision last year to choose NCR as its single multivendor software supplier. The bank will use NCR's APTRA software for Web-based channels and to provide a platform for additional new services in the future.

UniCredito Italiano is the largest banking group in Italy in terms of operating income and market capitalization.

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