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 www.omronost.com . 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 www.omron.com .
SOURCE OMRON Corporation