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Fujitsu offers new low cost ATM options to Banks

Fujitsu Transaction Solutions Inc.

Kingston, January 21, 2005

In keeping with Fujitsu’s strategy to reduce cost and complexity in their customer’s IT environment, Fujitsu has announced the introduction of a new portfolio of low cost Automated Teller Machines (ATMs) that will offer financial institutions a cost-effective way to profitably own and operate their ATMs.

The new ATM portfolio is available through the recent alliance between Fujitsu Transaction Solutions (JA) Limited and Triton Systems Inc. that allows Fujitsu to support and sell Triton ATMs throughout the Caribbean.

As more and more banks search for ways to justify their ATM investments, the Tritons offer a value proposition to all Banks looking to reduce the Total Cost of Ownership (TCO) of their ATMs”, said Racquel Goddard, Fujitsu’s Client Relationship Manager for Financial Services.

“The Triton ATMs are not only less expensive but they offer attractive alternatives to Bankers both in terms of initial investment and ongoing maintenance, yet it has high-end features for Banks wishing to create additional revenue streams through their ATMs.

Our partnership with Triton will also allow us to better target the small to mid-size Financial Services Institutions by providing a wide range of low cost Automated Teller Machine (ATM) solutions”, she added.

The Triton ATMs offer the lowest cost of ownership in the industry, without compromising industry standards, reliability and quality. It incorporates state-of the-art electronics, tight security features such as Encrypting Pin Pad (EPP) and Triple DES, the new standard for PIN encryption; and a host of features like locking cassette and automatic error recovery designed to maximize uptime.

In addition, through a strategic licensing agreement with Fujitsu Transaction Solutions Inc. to deploy Fujitsu’s windows-based Prism ™ ATM software applications, on its current and next generation ATM hardware, the new Triton ATM models offer speech capability making it compliant with ADA regulations to ensure a user-friendly experience for visually impaired customers.

It also opens up new revenue opportunities to Banks through a range of web-enabled functionalities that range from advertising, marketing new services through to personalized transaction screens.

“We are helping our financial customers to succeed in today’s competitive marketplace by continually seeking to find technology solutions that will improve their profitability, differentiate their customer service and offer increased levels of efficiencies, whilst driving costs down.

Our alliance with Triton is a further testament of our commitment to provide outstanding technology products and services to our financial customers that reduce cost and complexity in their IT environments” said Mervyn Eyre, President and CEO of Fujitsu’s Caribbean operations.

“Fujitsu is committed to redefining and leading the retail financial services market through innovative, cost-effective financial solutions to our regional Banking customers”, Eyre reiterated.

Fujitsu is one of the region’s leading IT Services company operating across the English-speaking Caribbean. Fujitsu enables its customers to transform their businesses, increase efficiency and productivity by designing, building and operating the IT services necessary to underpin ‘mission-critical” business systems.

Fujitsu has been providing strategic technology expertise to the Caribbean’s largest financial services providers in excess of fifty years.

About Fujitsu Transaction Solutions Inc.

Fujitsu Transaction Solutions Inc. is a wholly owned subsidiary of Fujitsu Limited (TSE: 6702) and the IT "lifecycle solutions" provider for consumer transaction environments. The company collaborates with customers to relentlessly reduce their costs and improve their profitability. Fujitsu's offerings include multi-vendor infrastructure management services, point-of-sale hardware and software, mobile devices and self service systems including U-Scan. The company has some 1,500 employees in the U.S., Canada and the Caribbean. Example customers include Canadian Tire, ChevronTexaco, Hannaford Bros., H.EB., Loblaws, Nordstrom, Payless ShoeSource, Regal Cinema, Ross Dress for Less, Staples, Stop & Shop and The TJX Companies, among others. The company also has a 50/50 joint venture with Retalix Ltd. (NASDAQ: RTLX) in StoreNext Retail Technologies LLC, the No. 1 supplier of retail technology to independent grocers and regional chains.
For more information, please see: us.fujitsu.com/retailing

Press Contact

Sandra Jones, 
Vice President, Marketing & Communications


Phone: Phone: +1-876-926-7567
Fax: +1-876-935-6333
E-mail: E-mail: sandra.jones@fujitsu.com
Company:Fujitsu Caribbean, Central America and Mexico

Date: 21 January, 2005
City: Kingston
Company: Fujitsu Transaction Solutions Inc.,