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company's press releases for inclusion on DECTweb Paris, France - 21st May 2001 SAGEM and SMARTEL : Partnership in the payment terminal market - First order of 40,000 SAGEM GD 900s by SMARTEL, the Italian leading POS distributor SAGEM and VERON
s.p.a. (company of the SMARTEL group) announce
their partnership in the field of electronic payment terminals in Italy. VERON,
first Italian POS distributor with a 43% market share, has chosen to complete
its catalogue with the new range of portable terminals of SAGEM, the GD 900
products. This agreement for a partnership will make them the main players in
the development and marketing of payment systems products and on the smart cards
market in Italy. The SAGEM GD 900s innovative technology guarantees future evolutions in the field of electronic transactions. It is an hybrid magnetic and smart cards terminal, EMV level 1 approved. Powerful, the SAGEM GD 900 terminal is equipped with a 32-bit microprocessor and 3 MB of memory. Practical and easy to use, this payment terminal has a navigator for simplified access to the different functions, a currency converter and a built-in calculator. The agreement also sets out the enlargement of the SAGEM-SMARTEL offer through the launch of an entry-level terminal manufactured by DNE, the Smartel Group partner based in Cosenza (Italy). Launching by VERON of the GD 900 terminals in Italy is planned for May 2001. About Sagem About Smartel
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