Eftex Expands Atm Servicing With New Citibank Agreement

EFTEX EXPANDS ATM SERVICING WITH NEW CITIBANK AGREEMENT

Sydney, December 17, 2009 Independent Australian owned transaction processor, EFTEX has entered into an agreement with Citibank Australia to operate and manage its branch and offsite ATM network.

The agreement will see EFTEX provide a full range of ATM services to Citibank as a part of an `end to end' arrangement, with EFTEX responsible for the full operation of all Citibank-branded automatic teller machines in Australia.

EFTEX Managing Director, David Glen said: "We're thrilled to have this opportunity to expand our network with Citibank obviously partnering with such a respected group is a very exciting development for us. It is very much in line with our strategic ambition of providing ATM driving and transaction processing services to financial institutions in Australia."

About EFTEX

In operation since 2000, EFTEX is a subsidiary company of The BANKTECH Group and provides highly reliable transaction processing, ATM monitoring and technology services to ATM owners and operators. Today EFTEX "drives" nearly 1,200 ATM's, and maintains strong relationships with both Westpac and ANZ as acquiring partners. EFTEX runs processing software from S1 Corporation, and delivers industry leading up-times for its customers' ATM networks.

More information is available at www.eftex.com.au

Media Contact
Shane Wells
+61 (0)450 523 769

SOURCE: EFTEX