Genpass Unveils New WirelessATMs

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IRVING, Texas - (09/22/04) -- Genpass Technologies, which operatesthe MoneyPass electronic funds transfer network, said it hasintroduced a new generation of wireless ATMs which allows ATMs toprocess transactions without traditional telephone lineconnections. Genpass Wireless, introduced in partnership withVentus Network and Lipman USA, uses Ventuses' CDMA technology, thelatest in wireless digital data services. The companies hope thenew service will pose an alternative to traditional dial-up foroff-premise ATM deployments and to lease-line for financialinstitutions.

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