Press Release

NCR Announces $14.4 Million Deal with China Construction Bank

July 11, 2002 at 10:48 AM EDT
LONDON, Jul 11, 2002 (BUSINESS WIRE) -- NCR Corporation (NYSE:NCR) today announced a $14.4 million hardware and software deal with China Construction Bank (CCB). CCB will deploy NCR's Personas 84 and Personas 86 automated teller machines (ATMs) across China.

With over 8,000 ATMs all over China, CCB is already one of the major providers in the financial self-service market.

The introduction of these new machines will give CCB branches the capability to provide services such as bill payment, Web advertising and smart-card applications via the self-service channel.

In addition to providing more convenience to customers, the introduction of the new ATMs will further enable CCB to develop its card business. With increasing use of smart cards in China, CCB sees the ATM as an important channel for smart card replenishment.

"There are now 50,000 ATMs in China, and it is one of the fastest growing markets in Asia," said Albert Tsang, NCR Financial Solutions division vice president for the Greater China area. "The banks recognize that the self-service channel is an important means of reducing costs and generating additional revenues and that the machines are popular with the Chinese people. NCR has worked with CCB for over 12 years. We are delighted to continue this relationship and to assist them in further growing their business."

    About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's ATMs, retail systems, Teradata(R) data warehouses and IT services provide Relationship Technology(TM) solutions that maximize the value of customer interactions. Based in Dayton, Ohio, NCR (www.ncr.com) employs 30,300 people worldwide.

NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries.

CONTACT:          NCR - London 
                  Wynne Evans, +44 20 7725 8997
                  wynne.evans@ncr.com
                  or
                  NCR - Hong Kong
                  Elaine Wong, +852 2859 6948
                  elainenl.wong@ncr.com

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