(PRWEB) September 15, 2007
De La Rue Cash Systems, the world's leading supplier of original equipment manufacturer (OEM) mechanisms to the ATM (automatic teller machine) industry, today announced that its attendance at CIFTEE 2007 will be an ideal opportunity to assist financial and retail companies to successfully prepare for the increase in cash movement during the Beijing Olympics in 2008.
CIFTEE (China International Exhibition on Financial Banking Technology and Equipment) takes place between 13th - 16th September 2007 in Beijing, China. De La Rue will located in Hall 11 at the show, demonstrating its class leading NMD 100 banknote and media dispenser. Capable of single note and bundle dispensing, the modular NMD 100 provides a flexible configuration from one to eight denominations, and contains De La Rue's innovative IDD (Intelligent Double Detection), HPF (High Performance Feed) and SCL (Smart Cassette Logic) advanced technology features.
Sharing the stand will be the first and largest domestic ATM manufacturer in China and one of De La Rue Cash Systems major customers: GRG Banking Equipment Co., Ltd. The company will be showing its H22 model, a through-the-wall ATM and its F16, a lobby ATM. "We look forward to sharing with visitors to CIFTEE 2007 how we work together with De La Rue's technologies to develop our world-class range of through-the-wall and lobby ATMs," explains Mark Yip, General Manager of GRG Banking Equipment Co., Ltd.
Also on stand will be De La Rue partners and ATM manufacturers, Triton Systems of Delaware Inc., Shenzhen Touchstone Intelligence and Shenzhen Xing Da Tong Electro Machinery Equipment Co Ltd. Triton will be showing its FT7000, a through-the-wall ATM, Shenzhen Touchstone Intelligence will be demonstrating its V810D, a lobby ATM and Shenzhen Xing Da Tong Electro Machinery Equipment Co Ltd will be showing its F-2430, a lobby ATM.
All of the ATMs on the stand contain the De La Rue NMD 100 dispenser.
De La Rue works in close partnership with a number of other major ATM and metro pay station suppliers in China, including Mercuries System Equipment (Nanjing) Ltd, Shanghai Huahong Electronics Import/Export Co., Ltd, Shanghai Huaming Intelligent Terminal Equipment Co Ltd and Kingteller (Guangzhou) Technology Co Ltd.
With dedicated offices and manufacturing in China, De La Rue Cash Systems has shipped over 375,000 ATM mechanisms worldwide. Throughout CIFTEE 2007 it will be celebrating the 40th anniversary of the world's first ATM, created by De La Rue with Barclays. The inventor of the ATM and former Managing Director of De La Rue, John Shepherd-Barron OBE, comments on De La Rue's continued commitment to innovation in the industry. "It is fair to say that despite the advances of telephonic communication and electronics, the world of cash processing is going to be with us for years to come and De La Rue is the leading exponent of that system."
Managing Director of Worldwide OEM, De La Rue Cash Systems, Adrian Trise states, "Financial and retail institutions must ensure their cash systems are fit and healthy to cope with the huge rise in tourism, spending and cash movement that is anticipated during the Olympics, not only in Beijing but across the whole of China."
For more information regarding CIFTEE including registration please visit http://www.ciftee.com.cn. To arrange a press briefing with De La Rue at CIFTEE please contact: firstname.lastname@example.org.
About De La Rue (http://www.delarue.com)
De La Rue is the world's largest commercial security printer and papermaker, involved in the production of over 150 national currencies and a wide range of security documents such as travellers' cheques and vouchers. The Company is a leading provider of cash handling equipment and software solutions to banks and retailers worldwide, helping them to reduce the cost of handling cash. Employing over 6,000 people across 31 countries, De La Rue is also pioneering new technologies including tailored solutions to protect the world's brands through to government identity solutions in secure passports, identity cards and driver's licences.
Graham Thatcher/Spencer Butt
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