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Nautilus Surfaces As New Rival To Old Partner.
ATM & Debit News
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June 14, 2007
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ATM manufacturer Nautilus Hyosung is scheduled to hold its first users conference this summer, six months after an angry public split with former partner Tranax Technologies Inc.
Holding the gathering means that Nautilus, which used to manufacture ATMs for Tranax to sell in the United States, now is making the machines for itself and plans to challenge Tranax and others in the competitive off-premise and small-bank markets.
Some 200 independent sales organizations and customers are scheduled to attend the meeting June 21 to 23 at Nautilus Hyosung's 28,000 ...
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Nautilus Hyosung Says Tranax Owes It $3 Million.
Newspaper article from: ATM & Debit News
; ...South Korea-based Nautilus Hyosung and Tranax will arbitrate the dispute...Newark, Calif.-based Tranax and Nautilus Hyosung is only part of a complicated...ATM market, he says. Nautilus Hyosung also accused Tranax of repeatedly violating...
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Combination Of Nautilus Hyosung And Triton Could Dictate ATM Prices, Says Rival Tranax.
Newspaper article from: ATM & Debit News
; ...ATM manufacturer Tranax Technologies Inc. Nautilus Hyosung and Triton would...January 2007, but Nautilus Hyosung stopped shipping parts to Tranax in November 2006...the other hand, Nautilus Hyosung wanted Tranax to continue distributing...
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Nautilus Hyosung Appeals Court Decision, Surprising Former Business Partner Tranax: Tranax's Dunn: "the lawsuits are part of a campaign of harassment by nautilus hyosung that began when the two companies went their separate ways a year ago after a dispute over strategy.".
Newspaper article from: ATM & Debit News
; ...has now been advised. Tranax has now been advised that Nautilus Hyosung has filed an appeal to...device, says Jim McCanna, Tranax vice president and chief operating officer. Nautilus Hyosung charged that Tranax and two of its vendors...
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Tranax, Nautilus Hyosung Split.
Newspaper article from: ATM & Debit News
; Tranax Technologies Inc. and its ATM manufacturing company, Nautilus Hyosung, have parted ways. The two had been...the U.S. retail market next month. Tranax says it will use PCI Technology and Tranax...
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Nautilus Courts ISO Channel After ATM Split with Tranax.(Nautilus Hyosung Inc., Tranax Technologies Inc.)
Magazine article from: American Banker
; Nautilus Hyosung Inc., the Korean automated...recently made machines for Tranax Technologies Inc. of...partnership between Tranax and Nautilus Hyosung has served both companies...said Hansup Kwon, Tranax's co-founder and...
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Tranax terminates manufacturing agreement.(Tranax Technologies Inc. ends partnership with Nautilus Hyosung Inc.)(Brief article)
Magazine article from: National Petroleum News
; In January, Tranax Technologies Inc...Korean manufacturer Nautilus Hyosung Inc. The decision...partnership between Tranax and Nautilus Hyosung has served both companies...founder and CEO of Tranax. "It provided Tranax...
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Assessing Nautilus-Triton Deal Effects on ISO Market.(Cards)(Nautilus Hyosung Inc.)(International organization for standardization)
Magazine article from: American Banker
; ...prices low to undercut Tranax, he said. Randal Lawrence, Nautilus Hyosung America's marketing...pricing strategy. Tranax and Nautilus Hyosung ended their partnership...and prepaid cards. Nautilus Hyosung wanted Tranax to continue distributing...
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NAUTILUS HYOSUNG SAYS FORMER ATM PARTNER OWES $3 MILLION.
Newspaper article from: Cardline
; ...distributor, after Tranax failed to pay Nautilus Hyosung $3 million for ATMs...Debit News has learned. Nautilus Hyosung and Tranax will arbitrate the dispute...payment dispute between Tranax and Nautilus Hyosung is only one part of...
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Nautilus Hyosung Reshapes Off-Premise ATM Market.
Newspaper article from: ATM & Debit News
; ...following a split with Tranax, its U.S. partner, in November 2006. Nautilus Hyosung Inc. and Tranax formalized their split...the cause of the split. Nautilus Hyosung America executives claim Tranax owes it $3 million for...
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Nautilus Hyosung Parent Buys Triton: The Two Will Control 70% Of U.S. Off-Premise ATM Market.
Newspaper article from: ATM & Debit News
; ...Diebold Inc. and Tranax Technologies Inc...last year. Nautilus Hyosung America shipped...as Triton and Tranax, out of business...Majors believes Nautilus Hyosung was competing for market share with Tranax Technologies Inc...
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