Press Release

ArcaTech Systems Announces New Retail Solutions Director

Industry veteran to help better serve customers in growing retail sector

Mebane, N.C. – October 22, 2007 – ARCA (arca.com), a leading supplier of transaction automation components for the financial, retail and self-service industries, announced today that James H. Halpin has joined the company as retail solutions director. In this role, Jim’s focus will be on working with customers to provide solutions from ArcaTech’s line of cash management systems. Jim’s appointment comes as the result of a growing demand for technology to automate financial transactions in the retail industry.

ArcaTech Systems’ president, Mort O’Sullivan, said, “With his outstanding reputation and experience in the retail industry, Jim is a great resource for our customers in this market. We know that his knowledge of retail cash management will help many companies better understand how to maximize their operational efficiencies.”

Mr. Halpin began working with retail cash handling technology in 1964, and has worked to provide solutions to some of the largest retailers in the world, including Lowes, Home Depot, Target, TJX Companies, Saks 5th Avenue and many others. Jim’s career has focused on helping retailers prevent cash losses from theft and shortages, reduce handling costs and simplify operations.

“ArcaTech has enjoyed tremendous success and growth in the financial industry and is seeing an increasing demand for its cash automation technology in the retail industry,” said Halpin. “I’m excited to work for a company that is a leader in cash automation solutions, and to continue working with the many contacts I’ve made through the years in the retail industry to provide them with new solutions for doing business in the 21st century.”

ArcaTech supplies OEM components to manufacturers of self-service kiosks, providing solutions that make it simple for manufacturers to automate payment systems. ArcaTech’s cash automation technology is behind many of today’s self-checkout kiosks for supermarket and retail transactions, automated bill payments, check cashing and other kiosk applications. ArcaTech’s cash recycling and dispensing technology is used by banks and credit unions worldwide to simplify cash handling, increase teller efficiency and provider greater internal and external security.


About ARCA

ARCA’s solutions help people control and streamline cash operations in financial institutions, retail stores, and self-service kiosks around the world. Our overriding drive is to develop technology and services that make transactions simpler, more efficient, and more secure. Visit us at arca.com to see how we are reimagining everyday transactions—freeing people to focus on what matters most.

Media Contact

US
Katlyn Proctor
Communications Specialist
1151 Holmes Rd.
Mebane, NC 27302
Tel. (919) 525-2719
k.proctor@arca.com

 

EU
Carola Mina
PR Specialist
Corso Vercelli 332
10015 Ivrea (TO)
Italy
Tel. +39 0125 674540
c.mina@arca.com