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Press Release

NCR Expands Its Cash Security Technology for ATMs

October 18, 2001 at 4:08 AM EDT
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LONDON, Oct. 18 /PRNewswire/ -- NCR Corporation (NYSE: NCR) has further enhanced its global leadership in financial self-service by expanding its cash security technology, improving the security and reducing the cost of protecting cash in transit and at the automated teller machine (ATM).

Keith Taylor, senior vice president of NCR's Financial Solutions division, said, "We recognize the importance of improving safety and reducing costs for customers operating a self-service network. The addition of these exceptional ATM security solutions will further enhance what is already the best and most comprehensive solutions portfolio in the industry."

With this new offering, cash is protected during delivery to the ATM, both in the vehicle and across the pavement by a product called Genesis, as well as during replenishment and in operation at the ATM by a product called Sentinel. Both products use indelible ink to spoil cash inside the cash unit during a physical attack, reducing losses as a result of criminal activity and the cost of cash delivery.

At a European self-service security conference held in London today, the company announced it has completed negotiations with Spinnaker International and has acquired the Genesis and Sentinel solutions. The two companies have previously worked together to develop these intelligent security solutions.

Genesis and Sentinel will be marketed by a new company called Fluiditi, a wholly-owned subsidiary of NCR. Fluiditi will be based in the United Kingdom and will have global reach through NCR's international presence.

Ken Munro, currently vice president, life cycle and change management of NCR's Financial Solutions division, has been named managing director of the new company.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leader in providing Relationship Technology(TM) solutions to customers worldwide. NCR's Relationship Technology solutions include the Teradata(R) database and analytical applications such as customer relationship management (CRM) and demand chain management, store automation systems 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 33,300 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. 

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SOURCE NCR Corporation

CONTACT: Wynne Evans, London, +44-20-7725-8997 or wynne.evans@ncr.com, or Lorraine Russell, Dayton, OH, +1-937-445-3784 or lorraine.russell@ncr.com, both of NCR/