Armor Safe, with headquarters in Texas, is a leading provider of cash control equipment for cash intensive businesses such as convenience stores and quick-serve restaurants.
Larry Robinson, president of Armor Safe, said, "NamSys' products extends our current product line to fill the needs of retailers with high volumes of cash as well as allowing our company to offer new cash management solutions for new markets."
Western Money Systems is located in Las Vegas, Nevada and was founded in 1982. They are the leading provider of kiosks for casino gaming floors and have recently expanded into banking solutions with the addition of Toshiba's highly regarded currency sorting equipment to their product line.
NamSys president John Siemens commented, "We believe that Western Money Systems will be very successful in leveraging their expertise in casino cash handling to sell NamSys' CashNET self-service deposit solution into that market."
Siemens added that, "Their acquisition of the Toshiba sorter product also opens up many new opportunities for our CC32 cash vault management software."
NamSys Inc. was founded in 1989 and offers a full range of software and hardware products to solve the cash processing needs of the banking and retail industries.