RISCO Group to Provide Technological Security Solutions for ATM Machines in China - 47 ABC - Delmarva's Choice

RISCO Group to Provide Technological Security Solutions for ATM Machines in China

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SOURCE RISCO Group

RISHON LEZION, Israel, & SHANGHAI, September 2, 2014 /PRNewswire/ --

RISCO Group, a leading provider of integrated security solutions, has signed a deal with several Chinese banks to provide security protection for tens of thousands of their cash machines (ATMs) across the country.

China recently became the world's largest ATM market, surpassing the US with an estimated 520,000 machines, according to RBR, a UK-based analysts firm. This growth accelerated in 2013 with the installation of 100,000 machines in that year alone.

RISCO Group is providing China with two of their specialized detectors to protect the ATMs from intrusion: The ShockTec™ digital shock detector which detects attempts to shake the machine to dispense more cash, and their very powerful seismic detector which monitors the vibration and temperature of the protected surface and can detect all known types of intruder attacks, including sledge hammers, diamond head drills, explosives, hydraulic pressure tools and thermal tools.

RISCO Group has operated in China for many years through its office in Shanghai. Activity in the Chinese market has traditionally focused on projects for banks and retail chains using access control and Command & Control solutions. RISCO Group's products are widely in demand due to their high quality and technological innovation and the company is ranked among the five global leading providers in its field.

Hemy Fintsy, EVP Marketing & Product Management at RISCO: "The Chinese market is price sensitive with a wide variety of local manufacturers. As an international brand which manufactures at the highest standards of quality and technological innovation, we serve the upper end of the market. Thus our competition is mainly with global manufacturers, like Siemens, Bosch and Honeywell.

China is a very important market for RISCO Group. More companies and organizations in China are choosing RISCO for its superior technology; therefore we expect our activity in China to increase in the coming years."

RISCO Group creates integrated security solutions for global security markets. From software solutions to high-performance wired and wireless integrated systems, the company develops products matching customers' requirements and industry standards. RISCO Group has over 700 employees worldwide.

RISCO Group's solutions for buildings and control rooms, sophisticated detector technology, intrusion, video and access control systems are found in commercial, industrial, institutional and residential applications around the world. For more information: http://www.riscogroup.com

Contact: Tamar Ayalon, +972-54-9103166, tamar@gopositive.co.il


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