DALLAS, July 31, 2014 (GLOBE NEWSWIRE) -- Hyosung, the fastest growing supplier of ATMs in North America, and Add-On Technologies, a provider of software for cash automation in the branch, announced today the certification of the MoniSafe 400A teller cash recycler with DynaCash, one of the most installed cash-handling middleware applications in the US.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=26802
DynaCash is a complete suite of software tools that facilitates the integration of cash dispensers and recyclers into a teller application without any modification to the end user's software. DynaCash monitors the activity of the teller application in real time, automatically detecting cash-in and cash-out transactions and interacting with the cash recycling device.
In the 15 years since DynaCash was first released, it has become the de facto middleware package of choice. DynaCash end users will often only look at a new TCR model if it is supported by DynaCash. They refuse to quit using something that works, and works well, for them.
Ray Van Vynckt, President and founder of Add-On Technologies, stresses the power of this combined solution. He states, "DynaCash for the 400A takes full advantage of the unique features only this TCR has to offer – internal Auto Audit of inventory and the ability to manually load, unload, and swap the cassettes without having to expose cash during time-consuming bill loads through the TCR entrance. This translates to a distinct competitive advantage since no other TCR on the market today can do either function."
The MoniSafe 400A cash recycler is the latest component of the Hyosung Branch Transformation family and makes use of a newly developed technology that allows the internal cassettes of this device to be exchangeable with other devices of the same type and also with the Hyosung assisted self-service terminals. The MoniSafe 400A also offers very specific banking functionalities such as loading from and unloading to a secure cassette, and self-auditing, which allow for new levels of cash automation efficiencies
"The integration with DynaCash will give financial institutions the opportunity to fully exploit the advanced features of the MoniSafe 400A, in particular its very large capacity and the self-auditing function," says Mario A. Perottino, Vice President of Product Marketing & Planning, Hyosung. "With this partnership, we will be able to integrate our cash recycler into any teller application in a matter of hours, and our customers will enjoy a much faster return on their investment in cash automation."
About Add-On Technologies
Add-On Technologies, Inc. recently celebrated its 20th anniversary of providing high reliability connectivity solutions to the financial sector. Our goal since the company's inception in 1994 has been to create stable, user-friendly interfaces for cash handling equipment, and to back our innovative products with the very best technical support in the industry. To the delight of our OEM partners, dealer network, and end-users, we have met those challenges with an astonishing level of success.
With the experience of over 6,000 DynaCash installations to our credit, the Add-On team looks forward to helping you excel as well with this exciting new recycler from Hyosung. www.addontechnologies.com
About Hyosung America
Hyosung's vision is to continually create automated financial products and solutions maximizing the convenience, accessibility and trust of our customers by leveraging our creativity, technology, speed to market and people. Hyosung America is a subsidiary of South Korea Hyosung, Inc., a global leader in providing ATMs to the retail off-premises and financial institution markets. Since entering the North American market in 1998, Hyosung America has shipped more than 200,000 ATMs and is the fastest growing supplier in North America. Hyosung America is headquartered in Irving, Texas, and has research and development support in its Global Software Center in Dayton, Ohio. www.nhausa.com
The photo is also available via AP PhotoExpress.
CONTACT: News Media Contact Add-On Technologies: Paul Griffin Add-On Technologies, Inc. 704-458-3492 Hyosung: Sonet le Roux Hyosung America (940) 367-0346
Source: Nautilus Hyosung