Product: Four different multi-use self-service terminals
Company: Tranax Technologies Inc.

ATMs revolutionized the banking industry by bringing a new level of convenience to consumers. They also created a new market for ISOs/merchant level salespeople (MLSs). Over the last few years, companies have begun to add and integrate services to ATM transactions beyond cash dispensing and deposits.

Tranax Technologies Inc., a provider of self-service technology, has introduced four new multi-use, self-service terminals (SSTs) that enable consumers to purchase tickets and prepaid cards, cash checks in real time and even receive coins.

The ticket purchasing feature will run on Tranax's Ticketing SST. Self-service customers will now have the opportunity for fully automated ticket purchasing and retrieval, in addition to making standard SST transactions. They can purchase tickets for concerts, sporting events, amusement parks and even cruises.

The card dispensing SST is used with an existing enterprise-wide, stored-value program. Consumers can purchase new stored-value cards (SVCs) with credit, debit or cash or can add funds to their existing cards. Customers can also check card balances at the terminals.

The check cashing SST uses new imaging technology and real-time funds verification and approval in order to cash virtually any type of check, or load the funds onto an existing debit card. Customers will no longer have to wait one to two business days for funds to be processed, as they do with traditional ATM check deposits.

The coin terminal introduces coin deposit and dispensing abilities to the traditional ATM. It functions as a change machine that provides consumers with coins for such things as arcades and jukeboxes.

It also coverts coins into cash, sorts change into its respective denominations and can even be programmed to automatically dispense the proper amount of sorted bills and coins for a business's cash drawer.

All four of these new machines will create new opportunities for ISOs/MLSs to increase profits by offering new services to new and existing portfolios. Merchants can reduce operating costs by automating services and increase profits by adding ATM transaction fees to existing revenue. These SSTs will also expand the types and number of locations of traditional ATMs.

Tranax conducted beta trials of the new machines; they will be available beginning in April 2005.

Tranax Technologies Inc.
44320 Nobel Drive
Fremont, CA 94538
888-340-2484
www.tranax.com