FOR IMMEDIATE RELEASE
DATE: June 5, 2001
HEADLINE: Completed installation of the first production use of the WIP technology communications solution.
M.A.T.T.S., a leader in the design and production of Mobile Banking Systems and application specific wireless communication solutions, and a Southern California based financial institution have completed the installation of the first production application of the WIP technology communications solution. The wireless ATM link is up and operational.
Due to the cost efficientcies of scale within the WIP based technology solution, the un-named financial institution is planning to expand its wireless ATM links in the near future.
The Southern California based financial institution has cited costly charges to dropping new ATM lease lines, and/or moving existing ones, as major incentives toward going wireless.
CONTACT : Mobile Automated Teller Terminal Systems, LLC
316 California Avenue, Suite 853
Reno, NV 89509