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CORPORATE: Vortex wins order for 600 low-cost ATMs.

Business Line

| October 27, 2008 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

from BUSINESS LINE, October 27, 2008 Chennai, Oct. 26 - The Chennai-based Vortex Engineering Pvt Ltd has bagged an order from a leading MNC automatic teller machines (ATM) network provider for the supply of 600 low-cost ATMs.

The CEO of the company, Mr V. Vijay Babu, told Business Line that the delivery of the first lot would commence early next week. The order would be completed in three years. Over the last one year five Vortex ATMs have been operating in Tamil Nadu and in Andhra Pradesh. Vortex received the order for regular installation based on the success of this pilot project, he said.

Vortex, a VC-funded company, is also in the final stages of talks …

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