Triton Systems Inc., a wholly owned operating company of Dover Corporation and the leading manufacturer of off-premise ATMs, shipped more ATM units in the first six months of 2001 than in any comparable period in the company’s history. According to Dr. Ernest L. Burdette, president and CEO of Triton, the company’s record overall unit sales increased by 21% over last year’s levels. Sales to U.S. customers rose by 10% over the same period last year, while Canadian sales rose 7%.
“Despite a global economic slowdown, demand for Triton ATMs continued to strengthen both at home and abroad,” Dr. Burdette said. “While the industry in general is reporting flat or declining sales to American customers, Triton is experiencing double-digit growth in the domestic market, the largest single segment of our business.”
This fall, Triton will introduce two major new product lines that are expected to reinforce the company’s already burgeoning sales. Making their U.S. debut October 4-5 at Thomson Financial’s Sixth Annual ATM Conference in New Orleans and in the U.K. September 18-19 at ATMIA Europe in Hyde Park, London, the new products will be strong additions to Triton’s best-selling Mako and 9600 Series product lines. The new product lineup will include a high-end PC-based model for locations with specialized needs and future application add-on capabilities, a model for retailers with low foot traffic, and an add-on advertising option that can create entirely new revenue streams for ATM operators. These new products will be available for sale through authorized Triton distributors later this year.
Triton’s record sales figures suggest that off-premise ATMs offer retailers an effective hedge against economic downturns. When small business owners see sales on conventional products slowing, many readily turn to new ATM products and services to boost revenues and restore profits.
“The key to continuing growth in this industry lies in giving retail operators and financial institutions the technological and economic choices they need to optimize ATM profitability at their particular locations,” Dr. Burdette noted. “Both our existing products and our fall product initiatives offer operators a remarkable set of profit-enhancing alternatives they can adapt to suit their individual needs.”
About Triton Systems, Inc.
As the leading provider of cash-dispensing ATMs for off-premise locations, Triton is committed to redefining and leading the retail market for cash delivery systems. Triton is the largest provider of off-premise ATMs and ATM management software in North America and has more than 55,000 installations in over 15 countries worldwide. Triton is headquartered in Long Beach, MS and is an operating company of Dover Industries, Inc., a subsidiary of Dover Corporation. For more information about Triton, please visit .Details