Card Reader suits self-service applications.

Press Release Summary:




Intellistrip 70 Hybrid Insertion Card Reader provides one million magnetic reads and one million smart card insertions. It has multiple mounting configurations and supports no pin, side pin, and side mounting slot. Unit automatically detects if card is fully inserted while guiding bowed or warped cards properly to smart card contact. Spring-loaded side arm secures card's position inside reader. Open chassis allows easy removal of debris.



Original Press Release:



Magtek Introduces IntelliStripe 70 Hybrid Insertion Card Reader for Self-Service Applications



Carson CA - April 29, 2003 - MagTek, a world leader in electronic transaction technology, this week introduced the IntelliStripe 70 Hybrid Insertion Card Reader.

The new IntelliStripe 70 has several innovative enhancements providing one million highly reliable magnetic reads and one million smart card insertions. Its low profile, small footprint is ideal for integration into POS terminals.

IntelliStripe 70 has multiple mounting configurations and supports "no pin", "side pin", and side mounting slots. It automatically detects if a card is fully inserted while guiding bowed or warped cards properly to the smart card contact.

The spring-loaded side arm of the IntelliStripe 70 secures a card's position inside the reader. It has an open chassis for easy removal of debris.

For More Information
Prospective customers are invited to visit www.magtek.com or call 800-421-5208, extension 6800 for full product specifications and sales contact information.

About MagTek, Inc.
Since 1972, MagTek has been a world leader in electronic transaction technology, from magnetic stripe card readers and writers to high-accuracy MICR check readers, secure PIN issuance and cardholder verification systems.The company's products and components are in use today at point-of-sale (POS) and back-office locations in thousands of companies around the world; incorporated into kiosks and ATMs, banking customer service terminals, custom retail point-of-sale (POS) terminals, and restaurant and hospitality equipment.

Recent MagTek innovations have included MICR check readers to meet the growing demand for check conversion, high-reliability motorized card encoding technology, USB-enabled interface readers, an integrated customer PIN selection and management system, and hybrid magnetic-stripe/smart card reader/writer technology. MagTek has been a leading proponent of electronic payment standards for over three decades. MagTek has 250 employees at its Carson, California headquarters, and sales offices throughout the United States, Europe, and Asia, with independent distributors in over 40 countries.

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