Steven M. Wright, chief operating officer and co-founder of Portland, Oregon-based Card Capture Services, Inc. (CCS), and Frank J. Wilem, Jr., executive vice president of Triton Systems, Inc., were elected to the board of directors of Herndon, Virginia-based Electronic Funds Transfer Association (EFTA) at its quarterly meeting June 17, announced Dr. Ernest Burdette, president of Triton Systems. CCS is the largest independent automated teller machine (ATM) provider in the U.S. and one of Triton’s largest distributors; Triton is the nation’s leading off-premise ATM manufacturer.
Off-premise ATMs increased a dramatic 31 percent in 1997; they now account for more than 40 percent of the 170,000 ATMs in the U.S. According to Kurt Helwig, executive director of EFTA, the addition of Wright and Wilem to the board of directors reflects the increasing influence and importance of independent ATM owners and manufacturers in the industry. “The independently- owned, off-site ATM industry will play a pivotal role in determining how the electronic payments business will develop,” said Helwig. “Both Wilem and Wright spearheaded development of the off-premise ATM market. Their expertise and experience will make them invaluable to the board.”
! CCS took a lead role in developing the National Independent ATM Services Association (NIASA), a forum for representing the independent ATM industry’s concerns. NIASA merged with EFTA, the leading inter-industry association dedicated to the development of electronic banking and commerce, in March of this year to form an expanded trade association. Wilem was previously president and Wright was a founding director of NIASA, now known as the Independent ATM Owners Council, an independent Council of EFTA.
Wright and Wilem will continue to represent the interests of independent ATM owners on the EFTA board. Wright co-founded Card Capture Services with Jeffrey Jetton in 1993. He was previously sales manager for Portland, Oregon- based Cardservice of Portland. Prior to that, Wright held senior management positions with the U.S. Bank of Oregon. “EFTA members and the independently owned ATM industry share a common vision of meeting consumer demand for additional and more convenient access to cash. We will work to ensure that it is done responsibly,” said Wright.
Wilem, a co-founder of Triton Systems, has served as executive vice president and director of the company since 1979. Prior to founding the company, Wilem was engineering manager at Computer Sciences Corporation. According to Wilem, his primary role on the EFTA board will be to represent the interests of Independent Sales Organizations (ISOs) with regard to electronic funds transfer issues in the off-premise market. “Our experience as the largest manufacturer of ATMs for the off-premise market gives us a deep understanding of how vendors, financial institutions and government agencies can work together to meet the challenges of this rapidly growing industry segment,” Wilem said.
About Triton Systems
Triton Systems is the nation’s leading manufacturer of cash-dispensing ATMs for off-premise locations, the fastest growing segment of the ATM market. As one of the “Big Three” manufacturers of ATMs and ATM management software, it was named the 30th fastest growing company in the U.S. by Inc. Magazine in its October, 1997 “Inc. 500” ranking of privately-held companies.
Triton’s product line includes the 9600 series cash-dispensing ATMs, Triton Connect Software Package for accessing and controlling ATMs from a centralized location, ATMjr Demonstrators and Card Activation System for financial institutions, miniATM Scrip Terminal, and the new VendMate sidecar, which accepts cash and dispenses vending items such as tickets, certificates, and phone cards.
Triton ATMs are in use in over 17,000 locations in the U.S., with recent expansion occurring or planned throughout the world. The company is headquartered in Long Beach, Mississippi. For more information, visit the Triton Systems website at [http://www.tritonsystemsinc.com] or contact Mary Edith Dressel, firstname.lastname@example.org, 800-367-7191.
About Card Capture Services
Card Capture Services, Inc. (CCS) was incorporated in 1993 in Portland, Oregon. CCS offers turnkey ATM programs providing transaction processing, machine maintenance, customer service, accounting and reporting to a growing base of merchant owned and operated Automated Teller Machines (ATMs) nationwide. By tapping non-traditional and unsaturated markets, CCS is leading the wave of independent ATM deployments nationally. The company has 50 employees and a nationwide network of 30 independently contracted dealers.