BANQIT & Bull form a Sales Co-operation agreement whereby Bull will distribute BANQIT self-service product range
Paris,
July
8, 2004 -
BANQIT AB and Bull have signed a 5-year sales agreement relative to BANQIT's Self Service product range based on the following terms:
· Bull will promote, sell, maintain and integrate BANQIT Self-Service products,
· Bull will sell and service BANQIT's offering through its local organisations,
· The initial geographical scope of this agreement is Eastern and Central Europe, Africa and other selected countries.
Financial terms and conditions of this partnership are not disclosed.
Bull has a long experience in providing payment systems solutions to some of the world's leading banking institutions. In Asia, Africa and Central/Eastern Europe, Bull has maintained a wide sales network and technical competence leadership.
Through this sales alliance, the objective of BANQIT and Bull is threefold:
Bull increases its presence in the payment systems market by providing a full range of products, including ATMs, Point of Sales Terminals, Smart cards and Monedia Card Transaction processing platform.
BANQIT will benefit from Bull's strong presence in the above-mentioned countries and therefore strengthen the position of BANQIT Self Service products.
About BANQIT
BANQIT is a privately owned IT company focusing on Business Applications, Self Service products and Consulting for the Branch arena, the Self Service arena and for Cash in Circulation. Industries addressed are Banks, Retailers and CIT companies (www.banqit.com).
For more information please contact:
BANQIT AB
Maria Paksi-Jansson
Business Area Manager Payment Systems
Eastern & Central Europe
Mail to: Maria.Paksijansson@banqit.com
Tel: +46 8 759 4730
Gunnar Wikman
Business Area Manager Payment System
CIS
Mail to: Gunnar.Wikman@banqit.com
Tel: +46 8 759 4786
About Bull
Bull designs and develops servers, software and services for an open environment, integrating the most advanced technologies. In this respect, Bull's range of NovaScale servers combines the openness of standards with the robustness of mainframes. It brings to its customers its expertise and know-how to help them in the transformation of their information systems and to optimize their IT infrastructure and their applications.
Bull is particularly present in the public sector, banking, finance, telecommunication, utilities and manufacturing sectors. Capitalizing on its wide experience, the Group has a thorough understanding of the business and specific processes of these sectors, thus enabling it to efficiently advise and to accompany its customers. Its distribution network spreads to over 100 countries worldwide.
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