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Phoenix's software proven on Source Technologies' concourse family of self-service kiosks

Published on November 25, 2006.

VISTAatm software integration work completed; concourse kiosks can operate on Phoenix platform*

*Phoenix Interactive Design develops leading-edge software for the ATM channel and has completed the integration of its VISTAatm software on Source Technologies' concourse family of self-service kiosks, the company announced today. The relationship extends the reach for both companies, offering more options to mutual customers who want to deploy financial self service kiosks.

"Phoenix has proven once again the flexibility of VISTAatm software through its integration on Source Technologies' kiosk hardware," said Doug Parr, senior vice president, Business Development and Client Services, Phoenix Interactive. "Our customers continue to benefit from a variety of hardware choices, including Source Technologies, to meet their self service needs."

"This business relationship enables us to deliver our self service solutions on a proven platform," said Bill Lynch, vice president of Self-Service Solutions for Source Technologies. "Merging Phoenix's software and ATM expertise with our financial self service expertise means we can deliver next-generation self service solutions such as bill payment, self service banking, check cashing and card dispensing."

Phoenix will be exhibiting at booth #618 where VISTAatm products will be showcased. RDS attendees can see Source Technologies' concourse family of financial self service kiosks in booth #1245.

About Source Technologies

Founded in 1986, Charlotte, N.C.-based Source Technologies is a leading provider of integrated solutions for managing financial transactions and other secure business processes. In addition to the CONCOURSE family of self-service kiosks, Source Technologies offers secure disbursement software solutions and magnetic ink character recognition (MICR) printing solutions and consumables for secure document applications. Customers include nine of the top 10 U.S. banks, plus hundreds of community banks, credit unions, Fortune 1000 and mid-sized companies. Source Technologies has created more than $400 million in economic value for its customers in the last 10 years. For more information, visit www.sourcetechnologies.com.

About Phoenix Interactive Design, Inc.

London, Ontario-based Phoenix Interactive Design Inc. provides Windows-based multi-vendor ATM operating software to the financial services industry that, because it successfully interfaces with the major ATM hardware manufacturers, maximizes profitability in self service channels by providing financial institutions with software independence. Phoenix's software provides its customers with the ability to separate purchasing decisions, allowing for greater negotiating power at the vendor level.

For more information, please contact: Marlene Goncalves, Phoenix Interactive Design @ (519) 679-2913 or email marketing@phoenix-interactive.com.


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