Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NCR Corporation: An AT&T Spinoff -- Ignore unavailable to you. Want to Upgrade?

To: Brooks Jackson who wrote (321)	2/18/1999 10:27:00 PM
From: David C. Burns	Respond to of 379

NCR Announces Record ATM Shipments for 3rd Consecutive Year Worldwide Leader for 12th Consecutive Year LONDON and DAYTON, Ohio, Feb. 11 /PRNewswire/ -- NCR Corporation, the world leader in banking self-service, delivered a record 46,509 Automated Teller Machines (ATMs) to customers worldwide in 1998, representing a 10-percent increase over 1997 deliveries of 42,440 units. In addition to new terminals, NCR delivered a record number of upgrades and kits both in volume and value. "Our 1998 results solidified our position as the world's leading supplier of ATMs for the 12th consecutive year," said Per-Olof Loof, senior vice president of NCR's Financial Solutions Group. "Our strong global performance is the result of our unique global distribution and superior solution offerings." In the United States, ATM shipments were at record levels with double- digit growth. "NCR's offering of ATMs, associated software and service solutions has resulted in new orders from the biggest American banks including, Citibank, Bank One and Wells Fargo," added Loof. "When all the other manufacturers' numbers are released, we believe that we will have significantly increased our overall market share." ATMs are a cornerstone of NCR's strategy of transforming transactions into relationships for the financial industry. NCR not only helps companies serve their customers at the point of transaction, such as ATMs, but also through a virtuous circle of interacting, connecting, knowing and relating to consumers. NCR can help banks collect and analyze the information generated by an ATM transaction to help identify potential products and consumer services. This can turn isolated transactions into ongoing relationships of ever-greater value and trust. Instead of one market of millions, NCR products and solutions can help clients discover a million markets of one. About NCR Corporation NCR Corporation (NYSE: NCR) is in the business of transforming transactions into relationships. NCR is a recognized world leader in data warehousing solutions, ATMs, point-of-sale, high performance scanners, and support services for retail, financial and national accounts markets. NCR's business solutions are built on the foundation of the company's long- established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and world-leading hardware technology. Financial Solutions Group (FSG) of NCR delivers products and services to banks and financial institutions including self-service solutions, customer management solutions, channel deliver solutions and payment solutions. It also operates The Knowledge Lab, a unique collaborative environment where NCR, leading banks, and academic institutions partner to develop ideas that will transform financial transactions in the future. More information about NCR and its products may be found on the World Wide Web at www.ncr.com