NCR Extends Partnership With Transoft

NCR signs a contract extension for cash management using Transoft's OptiCash for cash forecasting and cost optimization

Dec 08, 2010, 09:00 ET from Transoft International, Inc.

CARY, N.C., Dec. 8, 2010 /PRNewswire/ -- NCR Corporation is extending its longstanding relationship with Transoft for cash management solutions. Cash management is one of the important components of the NCR Managed Services portfolio for self-service solutions. By combining NCR's proven service intelligence and global infrastructure with Transoft's software solution, customers can optimize their cash management while providing seamless, successful interactions every time.

Through this extension, NCR and Transoft will continue to work together to deliver solutions which help customers achieve cost savings while delivering high availability. NCR's market-leading managed services portfolio will now include the latest versions of OptiCash, OptiNet, and OptiVault. By offering managed services in the areas of currency forecasting, management, and planning, NCR is able to help customers fully optimize their entire end-to-end self-service channel across multiple industries such as financial, retail, healthcare, and gaming. NCR currently provides comprehensive managed services for over 600,000 points of service for 400+ customers, supported by 13 operations centers globally.

"Transoft is delighted with this new extension with NCR," says Bo H. Holmgreen, President & CEO of Transoft International, Inc. "Transoft is proud of our continued growth over the last few years despite the corporate world suffering through a major crisis. We clearly see a strong and growing need for our products, as institutions rush to reduce costs. Cash is right there waiting for efficiency measures to be taken, and through this partnership with NCR, our solutions can be delivered in all global regions."

About NCR Corporation

NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR's assisted and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming and public sector organizations in more than 100 countries.  NCR (www.ncr.com) is headquartered in Duluth, Georgia.

About Transoft

Transoft International, Inc. is the leading provider of currency supply chain management software solutions for the banking industry. Transoft products have been developed over the last 18 years by experienced cash management professionals to efficiently and cost-effectively handle all aspects of the complex cash management process. Through the use of sophisticated optimization and simulation techniques, Transoft's products remains unique in the market place and is in use worldwide by Banks, ATM networks and Armored Car Service providers. Transoft solutions such as OptiCash, OptiVault and OptiNet are generating significant recurring cost savings for ATM, branch, and money center/regional vault networks. Transoft optimizes cash for the largest banks in Russia, Ukraine, Scandinavia, Netherlands, Ireland, Mexico, Ecuador, Columbia, India, Singapore, Canada, and many other countries. Transoft is a fast growing privately held software company in the Research Triangle Park in North Carolina with offices and staff around the world. Transoft was appointed a "2010 Top 50 Entrepreneur" and has recently enjoyed a surge of interest as basic banking moves to cost containment and better competitiveness.

Contact: Turid Kaehny, +1-919-678-9192

SOURCE Transoft International, Inc.



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