LONDON, Feb. 1 /PRNewswire/ -- Moneybox Corporation Limited, operator of the UK's largest independent network of convenience ATMs, today announced a deal with NCR Corporation (NYSE: NCR) for 1,250 ATMs, associated software and maintenance services for deployment at locations such as convenience stores, leisure centers, gas stations, pubs and nightclubs.
The multi-million dollar agreement includes new software that will enable Moneybox to centrally manage multi-media advertising through ATMs. For the first time campaigns can be designed and distributed with ease, either by geography or type of location, offering extra revenue opportunities to ATM deployers. For instance, Moneybox will be able to target customers at specific times in stores, nightclubs or pubs, linking promotions to products or services at the location.
"We are delighted to extend our relationship with NCR through the purchase of an additional 1,250 ATMs," said Paul Stanley, Managing Director of Moneybox. "With over 1,000 already installed and plans for further growth this shows that the demand for convenience ATMs is soaring."
Moneybox's success heralds the likely expansion of convenience located ATMs cross Europe in 2001, believes Tony Grandidge, vice president for NCR's Financial Solutions Division in Europe, the Middle East and Africa. "We have seen the UK's total installed base of convenience ATMs increase to around 3,000 during 2000, and this year we are likely to see other European countries follow the example.
"New technology means ATMs are becoming self-service touchpoints, delivering not only convenient cash but also other valuable items such as coupons, tickets and tailored promotions. These ATMs, installed at convenient locations, will increasingly appeal to consumers as more Europeans shift to a 24/7 lifestyle."
Under terms of the deal announced today NCR supplies the ATM hardware and software and provides ongoing software support and maintenance. Moneybox manages the ATM remotely and provides support services such as cash delivery, leaving the site owner free to manage its business.
About Moneybox
Moneybox, is the operator of the UK's largest independent network of convenience cash machines or Automated Teller Machines (ATMs). Moneybox deploys, owns and manages these ATMs which will also dispense other services together with cash in the future. Moneybox has been targeting certain sites like convenience stores, petrol forecourts and leisure areas around the UK since June 1998 prior to its official launch in June 1999. A convenience charge of 1 pound sterling per transaction is levied to enable these ATMs to be installed in places that would not attract enough cardholders to support a traditional ATM site. Moneybox has installed over 1,000 ATMs and is now one of the top 10 largest ATM networks in the UK -- with more ATMs available than many banks and building societies. Moneybox is a subsidiary of Ambient plc. For more information about MoneyBox call 0800 0920 845 or visit the web site at www.moneyboxcorp.co.uk
About NCR Corporation
NCR Corporation (NYSE: NCR) is a 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 32,900 in more than 100 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: Richard Maton of NCR Corporation, 44 0 20 7725 8248, or richard.maton@ncr.com; or Jayne Burrage of Moneybox Corporation Ltd., 44 0 20 7452 5415, or j.burrage@moneyboxcorp.co.uk; or Joel Morris, joelm@harvard.co.uk, or Simon Rothwell, simonr@harvard.co.uk, of Harvard Centro, 44 0 207 494 6106; or David Simonson, dsimonson@merlinfinancial.com, or Melanie Toyne Sewell, of Merlin Financial, 44 0 20 7606 1244/
