| Lipman Receives $2.5 Million Follow-On Order from ICBC |
| August 18, 2006 Category: ATM / POS |
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Lipman Electronic Engineering Ltd. has entered into a $2.5 million contract to supply NURIT 8320 and NURIT 8000 Point of Sale terminals and NURIT 222 PIN Pads to the Industrial and Commercial Bank of China (ICBC). This order will enable the expansion of a previously announced joint project between ICBC and China National Petroleum Corporation (CNPC) to equip CNPC petrol stations with Lipman terminals.
CNPC will be using these additional terminals to extend the project from the initial 8,000 petrol stations to more than 14,000 stations, resulting in one of the largest POS terminal deployments in China to date. Through this program, CNPC is deploying customized solutions using Lipman’s mobile NURIT 8000 with WiFi wireless technology and NURIT 8320 with Ethernet and modem connectivity, as well as Lipman’s NURIT 222 PIN Pad. Lipman’s WiFi devices allow CNPC customers to pay for fuel from their vehicles for the first time in China’s history, both quickly and securely. ( Lipman ) More News
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