Itautec enters US market with ATMs

Thursday, February 17, 2011

Brazilian PC maker Itautec will enter the US market with sales of its Adattis ATMs, the company announced in a statement.

"The US fleet is aging, so financial institutions are seeking new, multifunction ATMs," said Itautec America general manager Marcio Weltman Dvorkin. "Additionally, our versatile and affordable Adattis machines can be tailored, part by part, to address client needs, and they meet all 2010 Americans with Disabilities Act (ADA) requirements, which every US financial institution must address during the next 12 months."

By March 2012, all of the estimated 420,000 ATMs in the US must comply with ADA requirements, such as height standards, voice guidance and Braille instruction labels.

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Itautec's machines allow financial institutions to customize their hardware and software packages, and automate processes such as cash and check deposits.

Itautec currently provides ATMs to credit unions and banks across 40 countries in Latin America, Asia, Europe, Africa and Australia. Founded in 1979, the company boasts global revenues of about US$1bn and a workforce of more than 6,000.