EFUNDS AND TRUSTED SECURITY SOLUTIONS TEAM TO PROVIDE REMOTE ATM RE-KEYING FOR NCR AND DIEBOLD MACHINES / NEW SOLUTION USES LATEST A98-R TECHNOLOGY
EFUNDS AND TRUSTED SECURITY SOLUTIONS TEAM TO PROVIDE REMOTE ATM RE-KEYING FOR NCR AND DIEBOLD MACHINES / NEW SOLUTION USES LATEST A98-R TECHNOLOGY
Scottsdale, AZ (ots) - eFunds Corporation (NYSE: EFD), a leading provider of risk management, electronic payments, ATM and global outsourcing solutions, today announced the availability of a remote re-key solution for NCR and Diebold ATM machines for its CONNEX[TM] EFT software platform. The Remote Re-Key solution, developed to interface with Trusted Security Solutions, Inc.'s (TSS) A98-R technology, offers eFunds software and processing customers a complete, proven solution for key management of legacy and remote rekey-enabled ATMs.
The Remote Re-Key solution utilizes TSS' A98-R technology to automatically create and distribute ATM master keys, eliminating manual on-site key loading and reducing management costs. New or existing eFunds customers can easily implement the Remote Re-Key solution since all cryptography and protocol management is performed by the A98-R technology that now interfaces with eFunds' CONNEX software platform.
"CONNEX Remote Re-Key is the only product on the market that resolves key management for both legacy and EPP-enabled ATMs," said Michael Feliciano, senior vice president and division executive, electronic payments solutions at eFunds Corporation. "Additionally, this product is a good value for customers in need of significant flexibility and failsafe security features. Technology from TSS has proven to be a perfect fit with eFunds, and we are proud to work with a company that shares our quality and service-oriented philosophy."
CONNEX Remote Re-Key can be used by organizations with any size ATM population. Currently NCR and Diebold machines are supported, though ATMs from any manufacturer can benefit from the management flexibility and efficiencies afforded by the new offering.
"I am excited that eFunds has selected TSS' A98-R technology to introduce remote re-keying capabilities to the CONNEX platform," said Dennis Abraham, president of TSS. "Our relationship with eFunds is one of tremendous value, and displays both confidence and validation of our A98-R technology in the market."
About eFunds
eFunds Corporation (NYSE: EFD) is an industry leader with nearly 30 years of experience and expertise in electronic payments. eFunds provides electronic transaction software and processing solutions, ATM solutions, risk management and global outsourcing solutions to financial institutions, electronic funds transfer networks, government agencies and retailers around the world.
Committed to providing excellent customer service and award-winning products, eFunds enables its clients to reduce transaction and infrastructure costs, detect potential fraud and enhance relationships with their customers. eFunds is one of the largest third-party processors of electronic funds transfers (EFT), is the largest non-bank deployer of ATMs in North America, and is the provider of the world's largest debit database. www.eFunds.com.
Statements made in this release concerning the Company's or management's intentions, expectations, or predictions about future results or events are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are necessarily subject to risks and uncertainties that could cause actual results to vary from stated expectations, and such variations could be material and adverse. Factors that could result in such a variation include, but are not limited to, the inherent unreliability of earnings and revenue growth predictions due to numerous factors, including many beyond the Company's control, potential difficulties, delays and unanticipated expenses inherent in the development and marketing of new products and services, competitive factors, and the numerous risks and potential additional costs, disruptions and delays associated with the establishment of new business initiatives. Additional information concerning these and other factors that could cause actual results to differ materially from the Company's current expectations is contained in the Company's Quarterly Report on Form 10-Q for the period ending March 31, 2004.
About Trusted Security Solutions, Inc.
Abraham & Associates, Inc. of Concord, NC and J.S. Walker and Co., Inc. of Charlotte, NC created Trusted Security Solutions, Inc. in 1998 for the purpose of bringing unique security solutions to the transaction processing industry. Abraham & Associates specializes in consulting services for the financial transaction processing industry with an emphasis on PIN based transactions. J.S. Walker & Company specializes in providing consulting services and the development of custom software applications for financial institutions, insurance companies and related businesses. For more information, visit www.trustedsecurity.com or call 800-782-2774.
eFunds Corporation
Gainey Center II,
Suite 300 8501
North Scottsdale
Road Scottsdale,
AZ 85253
For additional information:
Thom Brodeur Brodeur Worldwide
+1 (602) 808-1165 tbrodeur@brodeur.com
David Pharr Trusted Security Solutions
+1 (704) 849-0036