NCR Signs Five-Year Services Agreement with People’s Bank of China Shanghai Automatic Clearing Centre

https://ncrvoyix.com/company/news/ncr-signs-five-year-services-agreement-with-peoples-bank-of-china-shanghai-automatic-clearing-centre

NCR Signs Five-Year Services Agreement with People’s Bank of China Shanghai Automatic Clearing Centre

Global technology company continues to provide on-site assistance and maintenance services for the Centre’s intra-city cheque clearing systems

Beijing, China, April 16, 2013, NCR Corporation (NYSE: NCR) today announced it has been awarded a five-year technology service agreement from People’s Bank of China (PBOC) Shanghai Automatic Clearing Centre. NCR will provide on-site technical support and maintenance services for the Centre’s intra-city clearing systems, ensuring it can accurately and timely complete the average daily clearing of 10,000 cheques.

The Shanghai Automatic Clearing Centre is one of the largest intra-city cheque clearing centres in China. The centre is installed with five units of NCR E1700 imaging transports for intra-city cheque clearing; another two units of NCR iTRAN™ ImageTrac ®III color imaging transports are used for cheque inward service for commercial banks and multi-size voucher processing.

Both systems were installed and tested and have been maintained by NCR since 2005 and 2007 respectively. By entering the new service agreement, NCR will provide professional technical on-site support during the daily clearing hours as well as a 24-hour hardware replacement should there be a hardware issue.

“We continue to rely on NCR for its services support, because NCR possesses strong expertise for building and maintaining cheque clearing systems. We are confident that NCR will ensure the availability of our cheque clearing in making our lives and the lives of our customers easier,” said Wu Keyi, Director of the Shanghai Automatic Clearing Centre.

“We have been committed to offering cheque clearing solutions to China since NCR built the first cheque clearing system for PBOC Guangzhou Branch in 1996,” said Jimmy Zheng, general manager for NCR Services in Greater China. “By continuing our relationship with PBOC Shanghai Automatic Clearing Centre, we are demonstrating NCR’s strength in just one of our many service offerings to financial services companies in China. We are proud to support the smooth running of the ever increasing demand for cheque clearing needs in Shanghai.”

Currently, NCR’s customers for its payment solutions include PBOC’s headquarters business division, its Shanghai headquarters and more than ten of its regional branches; commercial banks, which include Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Bank of Communications; and additional banks in Shanghai, Nanjing and Central China.

As one of the world’s leading providers of support and managed services, NCR performs 11 million service actions per year.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, hospitality, gaming, public sector, and telecom carrier and equipment organizations in more than 100 countries. NCR (www.ncr.com) is headquartered in Duluth, Georgia.

NCR is a trademark of NCR Corporation in the United States and other countries.

News Media Contact

Winnie Sze
NCR Corporation
852 2975 6948
winnie.sze@ncr.com

Yanping Wang
NCR Corporation
8610 5826 2366
yanping.wang@ncr.com

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leader in transforming, connecting, and running technology platforms for self-directed banking, stores, and restaurants. NCR is headquartered in Atlanta, Georgia, with 35,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

About NCR VOYIX, LLC

NCR VOYIX Corporation (NYSE: VYX) is a leading global provider of digital commerce solutions for the retail, restaurant and digital banking industries. NCR VOYIX transforms retail stores, restaurant systems and digital banking experiences with comprehensive, platform-led SaaS and services capabilities. NCR VOYIX is headquartered in Atlanta, Georgia, with approximately 16,000 employees in 35 countries across the globe.

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements use words such as “expect,” “anticipate,” “outlook,” “intend,” “plan,” “confident,” “believe,” “will,” “should,” “would,” “potential,” “positioning,” “proposed,” “planned,” “objective,” “likely,” “could,” “may,” and words of similar meaning, as well as other words or expressions referencing future events, conditions or circumstances. Statements that describe or relate to NCR’s or NCR VOYIX’s plans, goals, intentions, strategies, financial outlook, NCR’s or NCR VOYIX’s expectations regarding the Spin-Off, NCR’s or NCR VOYIX’s intention to consummate the offering and issue the Notes or the intended use of proceeds from the offering of the Notes and enter into the new senior secured credit facilities, and statements that do not relate to historical or current fact, are examples of forward-looking statements. Forward-looking statements are based on our current beliefs, expectations and assumptions, which may not prove to be accurate, and involve a number of known and unknown risks and uncertainties, many of which are out of the NCR’s and NCR VOYIX’s control. Forward-looking statements are not guarantees of future performance, and there are a number of important factors that could cause actual outcomes and results to differ materially from the results contemplated by such forward-looking statements. Additional information concerning these and other factors can be found in NCR and NCR VOYIX’s filings with the U.S. Securities and Exchange Commission, including NCR’s most recent annual report on Form 10-K, most recent quarterly report on Form 10-Q and current reports on Form 8-K and NCR VOYIX’s registration statement on Form 10, most recent quarterly report on Form 10-Q and current reports on Form 8-K. Any forward-looking statement speaks only as of the date on which it is made. Neither NCR nor NCR VOYIX undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

NCR Corporation Investor Contact

Michael Nelson
NCR Corporation
678-808-6995
michael.nelson@ncr.com

NCR Corporation and NCR VOYIX, LLC News Media Contact

Scott Sykes
NCR Corporation
scott.sykes@ncr.com