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Article: ...AND FUTURE OF TRITON IS QUESTIONED.(News)(Triton Systems of Delaware Inc. )(Nautilus Hyosung Inc.)(Brief article)
- Article from:
- Cardline
- Article date:
- May 29, 2009
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A terminated deal between Triton Systems of Delaware Inc. and Nautilus Hyosung Inc. may lead to financial difficulties for Triton, according to an industry analyst. James Phillips, Triton's director of North American sales, says that is not true. "Triton will be fine. We plan to introduce a number of new products, but there could be layoffs because we staffed up in anticipation that this deal would go through," he says. Leon Majors, president of the payments systems practice for the Salisbury, Md.-based consulting firm Phoenix Marketing International, is concerned about Long Beach, Miss.-based Triton. "How is [Triton Systems] being ...