Moving beyond just ATMs

Moving beyond just ATMs

– AGS Infotech launches Wincor Nixdorf ProCash 4000 –

Mumbai, 12 July 2007: After it’s extremely successful launch of Kisan ATMs, AGS Infotech, today announced the launch in India of another revolutionary Wincor Nixdorf product – the ProCash 4000; compact cash deposit system for self service transactions.
The ProCash 4000 focuses on functions for the standard self-service cash business that takes place in bank branches. The system is able to validate up to 120 different banknote denominations, and is ideal for bulk deposits. The ProCash 4000 uses the revolutionary Long-Edge insertion technology that reduces the chances of note jams. The ProCash 4000 can be upgraded to re-cycling cash.

Tested for harsh retail banking environments, the ProCash 4000 has proved its dependability. The self-service system has an attractive design, and user-friendly operations coupled with outstanding ergonomics, making it an excellent choice for use by people with disabilities, as well.

Speaking on the occasion, Mr. Sunil Udupa, President & CEO, AGS Infotech, said, “The needs of the retail banking industry in India are increasing and it is very important to match the pace through innovative technology that is able to set new standards in system availability, processing speed and service quality. With this self-service system we ensure that cash services are available outside banking hours, and cash deposits are credited directly to client accounts.”

The ProCash 4000 claims to be mutually beneficial to bank customers as well as to the financial institutions themselves. While for the customers, the system translates to convenience and availability, to the institutions it means reduced costs for replenishing and emptying machines, and optimized system serviceability.

AGS Infotech was established in 2003 in as a Master Distributor of Wincor Nixdorf International GmbH to serve technology based requirements in the Banking, Retail, Fuel and Postal verticals in India.The company has its headquarters at Mumbai with 54 service centres catering to 100 + locations all over the country. A trained and motivated crew of 150+ engineers forms the support base and provides the capability to offer timely support to customers.

Log on to www.agsinfotech.com for further information.

For Further Information, please contact:

Rohit – 9819403110 / Jovan – 9833581392