TORONTO, Canada  October 15, 2012  ITC Systems and international technology giant Samsung are now partners in the delivery of cashless payment systems that create massive efficiencies and generate measurable profits, says ITC Systems CEO Campbell Richardson.

Our partnership with Samsung is an exciting way for us to fine tune our product line and our distribution chain, Mr. Richardson notes. Its an exhilarating arrangement.

ITC Systems provides integrated transaction control solutions for education, government and public library customers around the world. The new partnership means Samsung distributors and dealers can now promote and supply ITC Systems coin-ops, card readers, back-end account and tracking software, print management tools, and a variety of other products that facilitate copy or print vending.

In addition, ITC Systems vending applications can now interface with Samsung Multi-Function Devices and the two companies will be able to develop and install joint solutions to customer problems.

Mr. Richardson says the partnership with Samsung aligns with the ITC Systems focus on expanding the companys global reach through exceptional collaboration.

This is a superb opportunity for us and were all excited about embracing the opportunities this new partnership represents for our customers, he says.

Ron Nevo, Senior Marketing Manager at Samsung, is also pleased with the new arrangement.

All of us at Samsung are excited about our partnership with ITC Systems, he says. The depth of their product program, coupled with their service organization, will aid us with the value add proposition that Samsung customers require.

About Samsung

Welcome to Samsung. For over 70 years, Samsung has been directed to making a better world through diverse businesses that today span advanced technology, semiconductors, skyscrapers and plant construction, petrochemicals, fashion, medicine, finance, hotels and more. Samsung Electronics, leads the global market in high-tech electronics manufacturing and digital media.

About ITC Systems

ITC Systems, a multi-national corporation with offices in St Louis and Toronto, is the industrys dominant manufacturer of self-serve unattended cashless payment terminals in North America. Founded in 1989, the company maintains a large dealer network throughout North America and Internationally. ITC Systems markets to colleges and universities, copy/print VARs, food service corporations and other closed institutions that charge for the use of products and services in self-serve and unattended cashless environments. Applications include POS, copy and print control, food service outlets, vending, laundry, parking and other cashless applications. To learn more about ITC Systems, please visit www.itcsystems.com.

Contact:

Campbell Richardson

ITC Systems

campbell.richardson@itcsystems.com

+1 416-289-2344