OMRON Announces Banknote Recyclers for the North American Market

Nov 19, 2003, 00:00 ET from OMRON Corporation

    SCHAUMBURG, Ill., Nov. 19 /PRNewswire/ -- Omron Transaction Systems, Inc.,
 a subsidiary of OMRON Corporation, today introduced its EX-BH2 and US-ABIO
 banknote recyclers, which are the company's first to serve the North American
 financial services and retail markets.  The recyclers will be featured at the
 BAI 2003 Retail Delivery Conference & Expo.
     "Our expertise in banknote handling, along with success of 66,000 recycler
 products that have been delivered in the Asian Pacific Region including Japan,
 will help system integrators and end users, such as financial institutions and
 large retailers, enjoy increased efficiency and higher accuracy and
 reliability in their cash handling operations," said Mr. Takeki Nemoto,
 president and CEO of Omron Transactions Systems, Inc.
     Helping operators reduce the manual loading and unloading of banknotes,
 Omron's recyclers accept banknote deposits and then dispense the same
 banknotes back to customers or operators, significantly decreasing the time
 cashiers and tellers spend handling banknotes, while increasing their accuracy.
     By further automating the teller position, studies have determined
 recyclers increase teller efficiency by 30 percent, allowing them to focus on
 more complex and revenue-generating tasks.
     "Omron intends to make banknote recycling a common practice in North
 America as it represents the natural evolution of automated cash handling,"
 said Mr. Nemoto.
     Specific information regarding each system follows.
     EX-BH2 Recycler
     The EX-BH2, an electromechanical module ready for integration into an ATM
 or a financial services kiosk, is an evolution of the well-established EX-BH
 Recycler.  While the EX-BH2 maintains the same physical dimensions and
 communications interface as its predecessor, numerous mechanical and
 electronic design improvements have been made, resulting in significantly
 increased reliability.  Performance strengths such as speed (7 notes per
 second), capacity (up to 100 bulk notes input capacity and 10,600 notes total
 storage capacity) and Omron's original banknote identification technology have
 all been preserved.  Omron will sell this module to system integrators, kiosk
 manufacturers and large end users with integration capabilities.
     US-ABIO Recycler
     The US-ABIO is a true teller-assist solution, ideally installed at banks,
 credit unions and the back-offices of retail stores.  Different from the EX-
 BH2 product, the US-ABIO is a finished product that will increase the
 efficiency of tellers or cash room operators from day one.  Typically shared
 between two tellers or operators, banknotes are deposited and dispensed from
 the same easily-accessible hopper with a 100 note capacity.
     Both the EX-BH2 and the US-ABIO products have WOSA-compliant drivers
 available for easy integration into existing networks, ATMs or kiosks.
     About Omron Transaction Systems, Inc.:
     Omron Transaction Systems, Inc. is a U.S. subsidiary of Omron Corporation
 in Japan that offers a wide variety of products and services such as automatic
 fare collection systems at railway stations, automatic teller machines, retail
 automation machines, boarding pass readers, turnstile ticket gates, traffic
 control systems, bill in/out/recycle machines, and face recognition products.
 Omron Transaction Systems, Inc. information is located at .
     About OMRON Corporation:
     Headquartered in Kyoto, Japan, OMRON Corporation is a global leader in the
 field of automation. Established in 1933 and headed by President Hisao Sakuta,
 Omron has more than 25,000 employees in over 35 countries working to provide
 products and services to customers in a variety of fields including industrial
 automation, electronic components, social systems, advanced modules, etc. The
 company operates in five regions: Japan (Kyoto), Asia Pacific (Singapore),
 China (Hong Kong), Europe (Amsterdam) and US (Chicago). For more information,
 visit Omron's web site at .

SOURCE OMRON Corporation