DAYTON, Ohio, Jan. 17 /PRNewswire/ -- NCR Corporation (NYSE: NCR) and Noor Advanced Technologies, Egypt's leading Internet and web-based company, today announced a strategic alliance to enable companies in the Middle East to create an e-business presence that leverages next generation networks.
Through this agreement, NCR and Noor will work together to develop and market networking services to businesses in the region. NCR becomes Noor's preferred provider of consulting, implementation, and support services for its network customers as well as its provider for future web kiosk and data warehousing needs. Noor becomes NCR's recommended network service provider for its existing customers in the region.
"NCR understands the telephony requirements of building next generation networks," said Basel Dalloul, chairman and CEO of Noor Advanced Technologies. "Their global presence, their know-how in designing and implementing e- business infrastructure solutions, and their global partnerships with technology leaders such as Cisco were the main deciding factors behind this strategic alliance."
The agreement follows Noor's recent announcement of its plan to build a public data infrastructure throughout Egypt. The deal, potentially worth $100 million, calls for NCR and Cisco Systems, Inc. to design and implement a core Internet network. The project will bring high-speed Internet access to Egyptian businesses and allow them to establish an e-business presence.
About Noor Advanced Technologies
Noor Advanced Technologies is a full service Internet solutions and infrastructure provider based in Cairo, Egypt, with a U.S. office in Washington, DC. Noor offers a full range of services from networking and hosting to Internet service provision and web-based services.
About NCR Corporation
NCR Corporation (NYSE: NCR) is leader in providing Relationship Technology(TM) solutions to customers worldwide in the retail, financial, communications, manufacturing, travel and transportation, and insurance markets. NCR's Relationship Technology solutions include privacy-enabled Teradata(R) warehouses and customer relationship management (CRM) applications, store automation and automated teller machines (ATMs). The company's business solutions are built on the foundation of its long- established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 31,900 in 130 countries, and is a component stock of the Standard & Poor's 500 Index. More information about NCR and its solutions may be found at www.ncr.com .
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. SOURCE NCR Corporation
CONTACT: Paul Curtin of NCR Corporation, 937-445-3153, or paul.curtin@ncr.com/
