• NCR's India-specific ATM receives tech award

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LONDON — NCR Corporation (NYSE:NCR) was named the winner in the Self-Service category of The Banker Technology Awards 2004, the second successive year that NCR has won the award.

Sponsored by The Banker, the awards recognize "best of breed, innovation and success in financial technology." The goal of the awards is to highlight vendors who have made a real contribution to advancing shareholder value and customer service.

NCR won the award for its EasyPoint 57i (ASAN), the first ATM designed specifically for the fast-growing self-service market in India. The judges noted that "NCR is making use of existing, proven technologies to deliver significant value to the specific marketplace."

ASAN is the first ATM designed to meet Indian infrastructural challenges, including frequent power outages and lack of landline telecommunications.

According to a news release, ASAN supports wireless connectivity through GPRS and CDMA communication technologies for areas with poor conventional connectivity. Its balanced pressure system and enhanced dust filtration facilitate deployment in non-air-conditioned and dusty environments and ensure maximum reliability even in challenging environments.

The NCR Intelligent Power Management system, with an integrated uninterrupted power supply, ensures that in case of power failure ASAN completes any ongoing transaction -- an important application in situations of frequent and sudden power outages.

NCR worked with the Industrial Design Center at the Indian Institute of Technology in Mumbai on the ASAN project.

"A key goal for NCR is to help our customers improve their business through revenue growth and cost reduction while improving the relationship that they have with their own customers," said Keith Taylor, senior vice president of NCR's Financial Solutions Division. "The provision of localized ATMs that exhibit low ownership costs yet still support advanced software solutions is one way of achieving this."

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