Tranax Launches it’s New Transactional Kiosk

FREMONT, CA, May 4, 2005 – Tranax Technologies, Inc., the leading innovator of self-service technology, is pleased to announce the launch of our new kiosk product. Building on a long tradition of manufacturing robust, reliable, secure and trusted ATMs, Tranax has created the first in a new line of non-cash dispensing kiosks. This product is focused on delivering the hardware and software capabilities to meet the needs of a range of transaction based self-service applications.

Incorporating many of the features found standard on a retail ATM, the new Tranax kiosk delivers the functionality to support a wide range of applications, including bill payment, ticketing, instant issue card dispensing, money order printing, and more. The standard configuration of this new terminal includes a 15” touch screen, receipt printer, MCR, and barcode scanner, with the additional options of a ticket printer, card dispenser, or money order printer.

“As we look forward to the future of Tranax and the self-service industry in general, it was a natural progression for us to create a new set of products which offer consumers the value, reliability, and security found in our existing ATM products in a non-cash dispensing terminal”, states Tranax President & CEO, Dr Hansup Kwon. “We have taken the time to look at the key characteristics of an ATM and how they can be incorporated in to a kiosk, as well as evaluating the needs of the market in terms of a terminal that provides transaction-based services – from this we created a product that delivers, what we feel is, one of the most robust kiosks available.”

In addition to the new standard kiosk product, Tranax is also offering a range of services which develop custom hardware and software applications designed to meet the self-service needs of a wide range of vertical markets. For more information on the self-service terminal product line, please contact one of our sales representatives at (800) 769-2826 ext. 5.