Business Services Industry

NexTran Group's ComNet Xtremo ATM Certified by Concord Processing

Business Wire, March 17, 2005

SOUTH HACKENSACK, N.J. -- The NexTran Group, a significant provider of automated teller machine products and services, has announced that its newest ATM model, the ComNet Xtremo, has been certified for use on ATM networks operated by Concord Processing LP.

"The Xtremo fits into the category of ATMs known as 'mini-ATMs', but offers features usually found on larger machines," said Harry Whitman, executive vice president of the NexTran Group.

The Xtremo features include:

--A large 8-inch color screen

--A banknote cassette that can hold up to 2000 banknotes

--The ability to handle prepaid media services like money wiring, cell phone top-offs, phone cards, or postage

--Flexible stand-alone or through-the-wall installation

"The Xtremo is ready-to-go," said Whitman. "Our latest generation of software has been put to the test by Concord and shown to work well with its switch and communication software."

The certification process also validated that the Xtremo is compliant with the latest data-encryption standards for ATMs, known as Triple DES, according to Whitman.

About NexTran Group LLC

The NexTran Group LLC is a significant provider of ATM, Internet and security products and solutions. Its affiliate companies include Money Marketing, Inc., a provider of ATM sales and service; NexTran Industries, Inc., a manufacturer and distributor of ATM products; Innobeta Systems, Inc., a transaction processing company for the ATM and point-of-sale segments; iNextNet, a provider of public and wireless Internet service; and Bio Security Technology, a provider of biometric-based security solutions.

URL: http://www.nextrangroup.com

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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