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China Construction Bank (CCB) Selects Kalignite Multi-Vendor ATM Software
26 July 2004 - Press Release

Edinburgh, UK - KAL is pleased to announce that China Construction Bank (CCB) has selected Kalignite as the multi-vendor software platform for its Automated Teller Machine (ATM) network. KAL's development partner in China, Shenzen Zijin, will supply the Kalignite-based application to CCB. The application is currently in pilot at three branches.

CCB is the largest bank in China (source: "The Banker", July 2004), with an extensive network of more than 20,000 branches and over 300,000 employees.

The Kalignite Platform enables CCB to deploy a single ATM application across its entire estate, significantly reducing the cost of application development and maintenance as well as greatly improving the speed of deployment of software enhancements across the network.

"There is a significant movement in China towards the adoption of true multi-vendor ATM software" said Aravinda Korala, CEO of KAL. "With their new Kalignite-based software solution, CCB can choose the exact ATM model and type that suits each deployment, independent of hardware vendor. KAL's Kalignite platform is unique in that it provides CCB complete freedom to select ATMs from 25 different manufacturers."

The Kalignite Platform supports the full range of ATM hardware from large full-function machines to compact and low-cost Windows CE-based ATMs with a minimal footprint. In addition to standard cash dispensing functionality, Kalignite also supports cash recycling, bundled cash and check acceptance, passbook-printing, and more, giving CCB a complete spectrum of choices..

About KAL
KAL is the leading provider of open standards-based, multi-vendor software for Automated Teller Machines (ATMs), kiosks and branch banking systems. KAL's flagship product suite is Kalignite. Kalignite enables the creation of hardware-independent applications built upon open standards such as XFS and EMV with full support for web technologies such as HTML, TCP/IP, and XML. KAL software solutions provide unparalleled functionality, maximum flexibility, mission-critical robustness, and security.

KAL guarantees that Kalignite-based software will run on systems manufactured by ATM manufacturers from every region of the world offering our customers the largest choice of hardware. Kalignite is fully integrated and tested on hardware from 25 ATM vendors worldwide - by far the most comprehensive support of ATM models from any vendor.

For more information please visit our website at: www.kal.com

KAL Media Contacts:

China: Liu Jing
+86-10-849 72150
jing@kal.com

UK: Matthew Wood
+44 131 659-4900
matthew@kal.com

US: Steve Hensley
+1 937-748-0599
steve@kal.com

 


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