Tuesday, February 07, 2006

Kiosk form Source Technologies says 2005 revenue were up

27%, to be exact, at least according to this PR:
Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announced 2005 results which included adding more than 100 new customers; introducing eight products spanning both its payment solutions and self-service business divisions, and establishing industry partnerships with CheckFree, Alogent, and LRS, among others. Driven by these combined accomplishments, Source Technologies increased annual revenues by 27%.

In 2005, the company continued to strengthen its presence in banking and government, while making significant inroads in insurance and telecommunications. New customers included such companies as AAA, Cellular South, Liberty Mutual, New York Life, and Zions Bank.

Unfortunately, it doesn't say whether most of the growth were from their traditional MICR printer business, or from any of their self-service initiatives, including bill pay kiosks and their new instant credit kiosk offering.

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