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Article: Triton Systems Of Delaware Looks Ahead After The Collapse Of A Deal With Nautilus Hyosung.(ATM News)
- Article from:
- ATM & Debit News
- Article date:
- June 4, 2009
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Frederick H. Lowe
Triton Systems of Delaware Inc. is making what it considers are the necessary moves needed for the ATM maker to regain its direction and to cut expenses in the wake of a merger deal that fell through last month for the financially troubled company.
"We are regaining our focus," Daryl Cornell, Triton general manager and chief financial officer, tells ATM&Debit News. "We are a leader in the off-premise ATM industry. We have shipped more than 200,000 ATMs worldwide, but we got away from our core business. We are dropping anything that is not core to our operations."
A failed agreement between Dover Corp., Triton's New ...