As a result of this order, two major Swedish banks will equip their Automatic Teller Machines (ATMs) with security systems for maculation of bank notes by ink dyeing. In total, the order includes products to equip approximately 200 ATMs with a secure end-to-end solution."This order proves that CashGuard's products and solutions satisfy the increasingly stringent requirements for a modern and secure supply of cash to, from and in ATMs, what is known as an end-to-end solution. Sweden is currently one of the pioneering countries in terms of legislation concerning this type of cash handling, and we can see that an increasing number of EU countries are moving in the same direction, which will result in additional business opportunities for us in the future," says Agne Pettersson, Managing Director and CEO of CashGuard."Jointly with CashGuard, we currently offer the market's best end-to-end solution for ATM protection," says Svein Hallangen, Managing Director and CEO of Wincor Nixdorf. For further information, please contact: Agne Pettersson, Managing Director and Chief Executive Officer, CashGuard AB (publ); Tel: +46-8-732 22 36, agne.pettersson@cashguard.com Facts about CashGuard AB (publ) CashGuard develops and sells products and services for secure and fully automatic cash handling and cash logistics. Via direct sales and distribution partners, CashGuard focuses on retail companies, post offices and banks, as well as on security companies. The CashGuard Group has approximately 170 employees and had sales of SEK 323 million in 2006. CashGuard shares are listed on the Stockholm Stock Exchange.
CashGuard AB: CashGuard receives order from Wincor Nixdorf for ATM security solution for two major Swedish banks
| Source: Cash Guard AB