Oki has unveiled its ATM21SX, a small-size ATM for mid and small-size branches of the financial institutions and convenience stores in the Chinese market. ATM21SX is manufactured at OKI’s production plant in China, Oki Electric Industry (Shenzhen) Co., Ltd. (OSZ), which has been relocated in January 2007 and has expanded two-fold.

Like the ATM21S, OKi’s full-specification ATM, the ATM21SX adopts the cash recycling method. This method enables the deposited cash to be reused as withdrawal cash, improving efficiency in cash operations in a compact chassis. By improving ATM reliability and enabling a long period of unattended operation with a cash capacity of 7,000 banknotes and 5,000 receipts, OKI succeeded in significantly reducing the operation cost.

Sales will start from the end of April 2007, and OKI expects to thus accelerate its ATM sales in China, targeting sales of 10,000 of its ATM21SXs by 2010. OKI plans to provide this ATM not only in China, but also to new markets including Southeast Asia and the Pacific markets, with plans to expand into the European market.

OSZ was established in July 2001, with volume production of ATMs from October of that year and dot-impact printers from July 2002. It has expanded steadily and in June 2005, OSZ started manufacturing color LED printers in volume to respond to the rapidly increasing global color page printer market. During the fiscal year ending March 2007, OSZ shipped 200 thousand printers and slightly under 20 thousand ATMs including the main units for ATMs. OSZ will increase its production scale, aiming to manufacture 600 thousand printers, 30 thousand ATMs(including main units) a year.

OKI