Provenco Secures Additional International Sales
MEDIA RELEASE
1 June 2005
Provenco Secures
Additional International Sales
Provenco Group’s international retail automation division has secured new international orders for its outdoor payment terminals and related equipment and services, valued at approximately NZ$6 million.
The Chief Executive of Provenco Group Limited (NZX:PVO), David Ritchie, today announced the deal which will see a further order of outdoor payment terminals (EFTPOS at the pump) installed progressively in Asia over the coming year.
“The new order comes on the back of the manufacture and deployment of over 5,000 outdoor payment terminals throughout Malaysia last year. This order reflects strong endorsement of the EMV (chip card) technologies and leadership role that Provenco has established in the important international markets for the retail oil industry,” said Mr Ritchie.
The terminals will be manufactured in Christchurch.
ends
About Provenco Group:
Provenco is a broad-based
supplier of business technologies.The group provides
tailored solutions to a wide range of business environments
using a combination of internally developed software and
hardware, and best-of-breed international products with
customers in more than 20 countries. The company reported
half year revenues of NZ$ 54 million and an operating profit
just over NZ$ 4 million for the six month period ended 31
December 2004.
For further information visit
www.provenco.com
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