ArcaTech Systems Announces New VP of Operations
Experienced industry executive to help manage company’s rapid growth in the financial, retail and self-service industries
Mebane, N.C. – June 26, 2007 – ArcaTech Systems (www.arcatechsystems.com), a leading supplier of transaction automation components for the financial, retail and self-service industries, announced today the appointment of David Pepin to the new position of vice president of operations. In his new role, Pepin will be responsible for managing ArcaTech’s manufacturing, quality and technical services operations, and will also formulate policies and implement business strategies to help the company manage its rapid growth.
ArcaTech president, Mort O’Sullivan, said, “Since joining ArcaTech, David has drawn upon his years of operational and management experience in the financial industry to contribute to many areas of the company. We are confident that David’s dedication, leadership and knowledge will play an integral role in continuing to build ArcaTech’s position as a leader in the industry.”
Pepin brings more than 20 years of experience in the financial industry to ArcaTech. He previously held positions in technical and executive-level leadership customer service, and holds a degree in electronics technology and an MBA in finance.
“ArcaTech has enjoyed remarkable growth since the company began in 1998,” said Pepin. “As more financial institutions make cash recycling technology part of their plans, and as applications for self-service kiosks continue to increase, we expect to see continued growth and demand for our products. I look forward to using my knowledge of our industries and experience with ArcaTech’s customers to help the company continue to serve these growing markets.”
ArcaTech’s cash recycling and dispensing technology is used by banks and credit unions worldwide to simplify cash handling, increase teller efficiency and provide greater internal and external security. ArcaTech’s products are known for their compact size, greater note capacity, flexible interface options and proven reliability, making cash recycling and dispensing a cost-effective and customer-friendly solution. ArcaTech is also a supplier of OEM components to manufacturers of self-service kiosks, providing solutions that make it simple for manufacturers to automate financial transactions. ArcaTech’s cash automation technology is behind many of the self-checkout kiosks for supermarket and retail transactions, automated bill payments, check cashing, photo ordering and DVD rentals.
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 www.arca.com to see how we are reimagining everyday transactions—freeing people to focus on what matters most.