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Vision / Mission Statement. Vision Pi Systems International, LP will be the global leader in Triple DES Solutions by providing owners of ATMs and Gas Dispensing Stations an economical solution to the Triple DES Mandates . Mission
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Vision / Mission Statement Vision • Pi Systems International, LP will be the global leader in Triple DES Solutions by providing owners of ATMs and Gas Dispensing Stations an economical solution to the Triple DES Mandates. Mission • To provide an economical and certified Triple DES solution that will allow companies to meet debit card security mandates.
The Partnership Pi Systems L.L.C. (Pi Systems International’s Sister Company) • Pi Systems LLC, formed in 1992, is a company dedicated to providing innovate service solutions for computer systems, POS systems and ATMs. Sunhillo (Strategic Partner) • 10 years + of experience producing communications devices for a diverse range of customers including the FAA, Northrup, Honeywell and MasterCard International. Sagem Denmark (3 DES Fix EPP Vendor) • Sagem Denmark is one of the leading international suppliers of encrypting PIN pads, with customers worldwide and solutions in operation around the globe.
The Business Need • Mandate vs. Business Functionality: The Triple DES mandate needs to be addressed as part of the financial institution’s overall ATM Network Capital Plan and include questions such as: • Does the ATM have a useful life for the institution? • Are there functionality issues with the ATM that need to be addressed at this time? • How will the ATM network Capital Plan be affected by this mandate? Once answered, the financial and operational decisions can be documented and resolved.
Solution Options • Example: Diebold 1072 (386 Processor) : • Diebold Upgrade $8,000 to $12,000 (*) • Refurbished 1072i Machine $13,000 to $16,500 (*) • New Diebold 1072ix $25,000 to $30,000 (*) • $3,500 (*) These numbers reflect known bids and information from the public domain and may differ from the bid the financial institution is provided. • Each option available is weighed against the needs the financial institution has documented. The resulting solution matrix will provide an effective plan that will work in conjunction with the ATM Network Capital Plan
The 3 DES Fix Solution • Provides Triple DES functionality to ATM’s while adding functionality and extending their useful life. • Includes two TCP/IP ports that can connect an IP capable ATM to an IP capable Host. New Feature! • Can complete protocol conversion within the control module from most Serial ATM protocols to TCP/IP (or other desired Serial protocols) on the Host side. New Feature! • Is under development to handle EMV capable transactions if the financial institution sees this as appropriate for their network. • Reduces the overall cost of Triple DES, TCP/IP functionality and EMV compliance. • Maintains the Financial Institutions ATM Network Capital Plan
The Bottom Line • Financial Institutions, in order to meet the VISA/MasterCard Mandate are forced to change their capital plan for their ATM networks OR use a solution like the • The can save an institution between $7,500 and $25,000 per ATM. • The allows the ATM owner to save money on their monthly communication costs • In Effect NOW – When Pin Fraud occurs on a NON- Compliant ATM the liability shifts to the ATM Owner.
Technical Product Highlights • The is comprised of two components • The Encrypting Pinpad (EPP) Visa PED Approval #10085, 20085. Approval Class: C • The Control Module The software utilized by the Control Module is not sensitive to the make or model of the ATM machine, thus making the Control Module a universal solution for almost every ATM machine. • How thecommunications flow: • The 3 DES Fix EPP provides immediate Triple DES encryption at the point of entry. • The Control Module is placed in between the ATM and the communications device and exists to replace the Single DES encrypted pin block created in the ATM with the Triple DES encrypted pin block created in the 3 DES Fix EPP.
Goals & Objectives • Pi Systems International’s Focus • Meet the financial institution’s immediate need for mandated ATM enhancements. • Continue to enhance our product line to meet future needs (TCP/IP, EMV). • Provide the best solution for the financial institution’s ATM Network including extended parts warranty for Pi Systems products.
Product Warranty • The comes with a full 1 year parts warranty from date of shipment. This is the most extensive warranty in the industry and protects the financial institution’s Triple DES investment. (The OEM generally only has a 90-day warranty) • An Extended Parts Warranty program is available from Pi Systems or through your Maintenance Provider to continue your protection throughout the useful life of your ATM.
TCP/IP included in every upgrade • The newly released version of our control module was developed to work with ATM’s that utilize both serial communications as well as those already running IP through a Network Interface Card (NIC) on the ATM. In addition to this functionality we can also convert a serial protocol (3275 EBCDIC, TC-500, SNA/SDLC) to TCP/IP (or other serial protocol) through our control module. This exciting enhancement will allow ATM’s that were previously incapable of running IP communications to now run in TCP/IP with the use of the 3 DES Fix. This capability will save the ATM owner hundreds of dollars per month on their connection fees and negate the need for expensive hardware upgrades that are usually necessary to achieve a TCP/IP connection on many ATM models.
Triple DES + EMV Solution • We are implementing a Hybrid EMV card reader into our upgrade package. We hope to release this add-on to the package of the in 2007.
