CNS appointed to bring in latest innovative financial technology to the UAE banking and financial industry
- United Arab Emirates: Thursday, September 23 - 2004 at 12:30
- PRESS RELEASE
Panini, an international developer and provider of advanced financial solutions based in Italy, announced a strategic alliance with Computer Network Systems (CNS), the leading UAE based system integrator, as the authorised Panini partner for the UAE.
"We have been on the lookout for local expertise to help us roll out our offerings using the proper market mechanics. The market leadership of CNS in the UAE made this search easier," expressed Renato Sangalli, Sales Manager, Panini.
"We consider this alliance as a foothold to our objectives in expanding into the GCC. Like many flourishing sectors in the UAE, the property and real estate market are witnessing phenomenal growth. Hence, it is vital for banks and financial organisations to always be technologically one step ahead to be able support this prosperous expansion. It is this growing need that, through CNS, Panini aims to reach."
Panini offers state-of-the-art solutions such as cheque processing devices, high speed reader sorters, paper handling expertise and a complete range of products designed for branch image capture.
"CNS is excited at this partnership with Panini," said Nicolas Barakat, Banking and Finance business unit manager, CNS. "This move strongly emphasises CNS' commitment to the UAE market by making the latest technological solutions available. Panini products and solutions add immense value to our current portfolio. Through this alliance, CNS plans to assist in the growth of the economic sector in the UAE."
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Panini offers reliable high quality item processing solutions on a global scale. Panini S.pA., the parent corporation , located in Turin, Italy, manufactures and distributes its equipment worldwide through an expert distributor network. Panini offers a complete range of products for item processing, including the S1/S1 Vision Series - the family of desktop medium speed reader sorters, and the My Vision series - the line of check scanners specifically designed for distributed item capture in bank branches. Panini has installed over 2000 S1/S1 Vision transports world wide and successfully launched the new My Vision X check scanner solution for branch image capture.
About CNS
With over 100 dedicated professionals and experts, Computer Network Systems (CNS) is a leading system integrator focused on providing its customers with innovative IT turnkey solutions backed up by high level of services and support. Founded in 1987 by a Ghobash Trading and Investment Group, CNS headquarters is in Abu Dhabi, with a fully operational offices in Dubai, Al Ain, UAE , and in Riyadh, Saudi Arabia. CNS has strategic partnership agreements with IT organizations across the region, enabling CNS to extend its service to its clients across the entire Middle East.
Samer Costantini
Tel.: +971 4 3378822
Fax.: +971 4 3374753
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