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FOR IMMEDIATE RELEASE
Hitachi Milestone : 1000th Cash Deposit / Cash Recycling ATM installed in India
First manufacturer in India to achieve this milestone
Tokyo, April 7, 2014 --- Hitachi-Omron Terminal Solutions, Corp. ("Hitachi-Omron Terminal Solutions") today announced that the number of Hitachi Cash Deposit / Cash Recycling ATM, HT-2845-V in operation in India has exceeded 1,000. Hitachi-Omron Terminal Solutions is the first manufacturer who achieved more than 1,000 Cash Deposit / Cash Recycling ATM in service in India.
Hitachi Cash Deposit / Cash Recycling ATM HT-2845-V
In India, major installation of self-service terminal of banking transaction has been Cash Dispensing ATM (CD). In accordance with rapid economic growth in India, the needs of deposit automation has been increasing, and this trend is expected to continue. Hitachi-Omron Terminal Solutions defined India as one of the most important market as well as China and Indonesia.
Hitachi-Omron Terminal Solutions' HT-2845-V is one of the bestselling Cash Deposit / Cash Recycling ATM in the world. Model "HT-2845-V" is reputed by banking industry as high performance and most reliable self-service cash deposit terminal based on its cutting edge sensing and mechatronics technologies. In India, HT-2845-V has been using as a Cash Deposit ATM, but it can be upgraded to Cash Recycling ATM.
Hitachi-Omron Terminal Solutions has entered Indian market of self-service terminal for banking with Cash Deposit / Cash Recycling ATM, HT-2845-V in 2010. Since the first order, Hitachi-Omron Terminal Solutions has delivered the ATM, HT-2845-V to India's major public sector and major private sector banks, and has been installed nationwide in India. Hitachi-Omron Terminal Solutions' ATMs are modified to adopt environment in India such as banknote condition, counterfeit threat, climate, etc. Along with HT-2845-V proved superior performance in live, installation has been expanded and achieved 1,000 units of installation.
"Our highly advanced note transportation technologies and bill validation technologies developed over many years are well acknowledged by financial institutions world wide." Kokichi Murayama, Operating Officer and General Manager Global Business Group of Hitachi-Omron Terminal Solutions, Corp. said, "In Japan and China, we have achieved more than 100,000 units in each market, and also, in terms of Automated Deposit Terminal (ADT), we have No.1 market share in Thailand, Indonesia, Malaysia and Taiwan. As a leading company of cash recycling ATM, Hitachi-Omron Terminal Solutions will continue to expand Cash Deposit ATM business and create efficient cash management with cash recycling technology in India."
Hitachi-Omron Terminal Solutions is No.1 manufacturer of Cash Recycling ATMs in the world. Hitachi-Omron Terminal Solutions, headquartered in Tokyo, Japan, is a leading terminal solution vendor with approximately 3,300 employees worldwide. The company supplies highly reliable ATMs and bank systems that embody real user needs as well as wide range of solutions for retail, transportation and public sectors.
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