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March 18, 2010 09:37 AM Eastern Time 

Multivendor ATM Software Research Confirms KAL as World Leading Independent ATM Software Specialist

EDINBURGH, Scotland--(BUSINESS WIRE)--KAL, the global ATM software company, has once again emerged as the world’s leading independent ATM software company in research recently carried-out by London-based Retail Banking Research (RBR). This important bi-annual industry barometer included in-depth interviews with 66 financial services organizations in 39 countries that collectively have deployed 278,000 “true-multivendor software” ATMs worldwide.

“This is good news for KAL. The key point in this research is the global adoption of a multivendor approach to running the ATM network. We are confident that this trend will continue and will positively impact on KAL’s market share going forward.”

True multi-vendor software is where ATM software from one vendor runs on ATM hardware from a different vendor. The RBR study has shown that there has been an impressive increase in the number of such ATMs, rising +67% in two years from the 2007 total.

The study found that the top three vendors now dominate the market for true multivendor software, holding more than 66% market share between them. NCR is in first position with 24% while KAL and Wincor Nixdorf are equal second with 21% each. KAL is the only company in the top three whose focus is exclusively on ATM software.

Other companies listed below the three market leaders account for between 7% and 0.4% of the total market share.

KAL CEO, Aravinda Korala commented; “This is good news for KAL. The key point in this research is the global adoption of a multivendor approach to running the ATM network. We are confident that this trend will continue and will positively impact on KAL’s market share going forward.”

About KAL:

KAL is the world’s leading ATM software company. We enable banks to take back control of their ATM network with powerful but easy to use multi-vendor software. The Kalignite Software Suite is our proven family of products and is unrivalled in the banking industry. It is the preferred ATM software and ATM management solution for many of the world’s leading international and national banks.

KAL is a rapidly expanding global business with partners and customers in more than 80 countries supported by our multinational workforce with in-depth expertise.

The Kalignite Software Suite integrates with and controls ATM networks that vary widely in complexity, size and location – from banks with just a small number of ATMs to huge banks with global operations and thousands of ATMs in multiple countries. KAL enables banks to take back control of their ATMs using innovative application development and management tools that reduce the total cost of ATM ownership while providing the best possible ATM customer experience.

Contacts

KAL
Steve Hensley, Executive Vice President of Global Sales, +1 513-864-8984
steve@kal.com
www.kal.com

http://www.kal.com

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