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Seoul ? November, 2008 ? Nautilus Hyosung, a leading global ATM Manufacturer will be exhibiting its new Monimax series of financial ATMs at the BAI Retail Delivery Conference and Expo in Orlando from November 18 through November 20, 2008.
The new ATM series includes the Monimax 7600 (Full Function Lobby ATM) with deposit automation capability, the Monimax 6300 (Check Imaging ATM with Cash Acceptor) for deposit and bill payment, the Monimax 9100 (Multi-Functional Financial Kiosk) for a variety of banking services. Several other financial ATMs will be on display as well.
Nautilus Hyosung will also present its software offering, “MoniManager”, the latest ATM application and monitoring solution developed in-house by Nautilus Hyosung.
“Deposit Automation technology has been our main research area for the past several years as more and more Financial Institutions around the world are endorsing the technology for their branch ATMs especially in the US” said Chan G Park, President of Nautilus Hyosung US Operations. Bulk Note Acceptors and Bulk Cheque Acceptors have been developed in-house by Nautilus Hyosung and have been well received by several major bank institutions to date
“This new product line is strategically positioned to enhance our presence and long-term commitment to the North American market by showcasing our proven deposit automation technologies through a highly sophisticated imaging mechanism.”
Nautilus Hyosung operates out of a 29,000 square foot warehouse and distribution center in Coppell, Texas and is a subsidiary of Hyosung, a Korean multinational conglomerate with revenues in excess of $6 billion per year. Since beginning US operations in early 2007, Nautilus Hyosung shipped 14,433 units in 2007, is expected to ship more than 19,000 units in 2008, and has an installed base of over 100,000 ATM’s in North America.



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