Lipman Electronic Engineering Ltd (LPMA) (LPMA)

[midastouch017]

Lipman gets $6.1m follow-on order from Turkish bank

The customer is one of the largest privately owned banks in Turkey.

Globes correspondent 25 May 05 09:47

Electronic payment systems provider Lipman Electronics Engineering (Nasdaq: LPMA; TASE: LPMA) today announced that it has received a follow-on order for its NURIT 8320 landline terminals from one of the largest privately owned banks in Turkey.
The order is valued at approximately $6.1 million, with all deliveries expected during the second quarter of 2005.

Lipman VP sales and marketing Lazy Yanay said, "This order demonstrates our deep commitment to the banking sector in Turkey."

Published by Globes [online], Israel business news - www.globes.co.il - on Wednesday, May 25, 2005

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