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NCR Expands Branch Automation Solutions with Acquisition of NCI Ltd


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© Business Wire 2008
2008-08-20 23:38:03 -

www.ncr.com - NCR Corporation - United States Lorraine Russell, 937-445-3784 lorraine.russell@ncr.com or NCR Corporation - Europe Richard Maton, 44-207-725-8248 richard.maton@ncr.com NCR Corporation (NYSE: NCR) today announced that it has acquired NCI Ltd, a UK-based company that is a leading provider of teller connectivity software used by financial institutions. Terms were not disclosed.

NCI's applications are widely used by financial institutions in North America and Europe as they seek to innovate through branch automation solutions that improve teller productivity and cut wait times for customers. NCR will further develop the NCI Teller Cash Connectivity application, and leverage NCI's extensive experience in teller connectivity for branch and teller cash recycling solutions.

"This acquisition will make it easier for NCR and

its banking customers around the world to introduce and integrate branch automation technologies that can transform branch productivity and the customer experience," said Bill Nuti, chairman and chief executive officer of NCR. "Bringing NCI's expertise to NCR demonstrates our commitment to the teller automation market and underlines our intention to enhance NCR's total solution offer as we grow our assisted- and self-service business."

NCI's Teller Cash Connectivity suite of applications provides a single software platform that enables the connection of teller automation devices without modification of the branch application, or full integration with a wide range of branch platforms for online use of devices.

The suite also allows institutions to monitor transaction activity on the individual device and at a branch-wide level, providing management information to help assess the impact of branch automation technology.

NCR's existing range of branch solutions includes consultative and design services, ATMs, intelligent deposit services, teller cash recycling, information kiosks, statement printers, pre-staging terminals, application and connectivity software, professional services and managed services.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR's assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, gaming and public sector organizations in more than 100 countries. NCR (www.ncr.com) is headquartered in Dayton, Ohio.

NCR is a trademark of NCR Corporation in the United States and other countries.

Teller Cash Connectivity Software Delivers Easy Integration
of Teller Automation Technology With Branch Teller Systems


Author:
Hossam Abdel-Kader
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