Please visit the GPT web site for more information at
http://www.
"Katun is pleased
to welcome Force Commerce to our global network of
authorized distribution partners," said Michael
Gierden, vice president of
sales, Katun Europe.
cash vending
,
which is 80% owned by GPT and 20% owned by James
Redding, will receive
a 12 month extension as a non-exclusive distributor of Evolve products
in
the USA.hockey corporation
buy mame
is a United States-based
designer, manufacturer, and marketer of automated currency acceptance
and validation systems used to receive and authenticate currencies in
a variety of payment applications
worldwide.katun.redemption corporation
Business Editors/Technology Writers
HAUPPAUGE, N. Headquartered in Sofia
, Force Commerce
serves copier and printer dealerships all over Bulgaria.supplies servicing
Under the terms of the
agreements, Evolve will own 100% of Abacus
Financial Management Systems ("AFM") and of Evolve 100
, and GPT has
exchanged its 25% ownership interest in AFM for a 12. Force Commerce is
online at
http://www.com .simulators room
Evolve 100 provides
integrated and stand-alone cash management systems to the retail
industry for coin currency handling. GPT's proprietary and
patented technologies are among the
most advanced in the industry.
With more than 25 years of expertise and experience in the business
equipment industry, the privately held Katun now serves more than
19,000 customers in more than
170 countries.vending equipment
Thomas Oliveri, GPT's President and CEO, stated, "We are very
pleased to further
our integration with both of these companies to
provide a full complement of coin and paper currency
cash management
systems to the retail community.com .coin parts
"Our selection process ensures
that the companies with
which we choose to partner share the same commitments to quality, value and
service as we maintain ourselves. For more information, visit
Katun online at http://www.supplies handling
parts op
"
About Katun Corporation
Headquartered in Minneapolis, Katun Corporation is the world's
leading
alternative supplier of imaging supplies, photoreceptors and parts, as well as
a leading
manufacturer of fuser rollers and other select products, for the
office equipment industry.parts hockey
gpt.equipment op
room op
Further
, we believe one of the potential catalysts
to improving our retail market penetration is the performance
of the
currency validator, and to that point GPT is our supplier.force-commerce.sell jukeboxes
In fact,
GPT
's recent SA-4 high speed currency validator, which has a
processing speed of approximately 10+ times
faster than its other
models, beats anything we have seen in the marketplace to date.Expands Katun
's Global Network for Selling High-Quality, OEM-Compatible Office
Equipment
Supplies and Parts
GORICHEM, The Netherlands, Katun Corporation, the
world's leading
supplier of OEM-compatible supplies and parts to the office
equipment industry, today named Force
Commerce Ltd a Katun Authorized
Distributor for Bulgaria.simulators dvs
"
James Redding, Evolve's Managing Director
, stated, "Not only is
GPT a key and significant component supplier, we also value their
strategic
input as signified by Tom Oliveri being appointed as a
Director of Evolve.machines classifieds
servicing distributor
(NASDAQ Symbol:GPTX)
("GPT"), a leading
manufacturer and innovator of currency acceptance systems used in the
worldwide
gaming, beverage, and vending industries, today announced
that it has completed a strategic alliance
allowing for the formation
of Evolve Corporation PLC ("Evolve"), based in the United Kingdom, to
serve the retail cash management venue. For the next twelve months GPT
has no funding requirements
to Evolve. We look forward to working with Force
Commerce to serve our customers.handling hockey
Y. Evolve's Managing
Director James
Redding has significant experience and contacts in the retail arena
and we look
forward to the future of this new alliance and its
products and services."
Global Payment Technologies
, Inc.jukeboxes supplies
Global Payment Technologies Announces a Strategic Formation with Evolve Corporation PLC
AFM
provides integrated and stand-alone cash
management systems to the retail industry for paper currency
handling
of which GPT's validators are the key component. These risks and uncertainties include,
but are
not limited to: statements regarding the Company's strategy, future
sales, future expenses
and future liquidity and capital resources;
GPT's dependence on the paper currency validator market
and its
potential vulnerability to technological obsolescence; the risks that
its current and
future products may contain errors or defects that
would be difficult and costly to detect and correct;
possible risks of
product inventory obsolescence; regulatory approval; potential
manufacturing
difficulties; potential shortages of key parts and/or
raw materials; potential difficulties in managing
growth; dependence
on a limited base of customers for a significant portion of sales;
dependence
on key personnel; the possible impact of competitive
products and pricing; and other risks described
in more detail in
GPT's Securities and Exchange Commission filings.corporation buy
----Global Payment
Technologies
, Inc.trade jukeboxes
cash coin
In addition, AFM USA, Inc.tables buy
com
Special Note Regarding Forward-Looking Statements:
A number of
statements contained in this release are forward-looking statements
within the meaning
of the Private Securities Litigation Reform Act of
1995 that involve risks and uncertainties that
could cause actual
results to differ materially from those expressed or implied in the
applicable
statements.
The distribution agreement extends Katun's reach and effectiveness in the
Bulgarian
market by making thousands of high-quality Katun products available
to Force Commerce customers.
hockey amusement
5% ownership
interest in Evolve.Katun Corporation Names Force Commerce Ltd a Katun Authorized Distributor
for Bulgaria
By qualifying as a Katun Authorized Distributor, Force Commerce will
receive
unique programs designed by Katun to expand the distribution of its
brands to dealers in its markets
.jukeboxes equipment
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