VP sales Lazy Yanay: This, coupled with recent orders from other Turkish customers, further demonstrates our strong position in Turkey.
Lipman Electronics Engineering (Nasdaq: LPMA; TASE: LPMA) today announced that it has received a follow-on order for its NURIT 8320 landline and NURIT 8010S wireless Point of Sale (POS) terminals from one of the largest privately owned banks in Turkey. The order is valued at approximately $4.8 million, with all deliveries expected during the first half of 2005.
Lipman VP sales and marketing Lazy Yanay said, "This latest order, coupled with recent orders from other customers in Turkey, further demonstrates our strong position in Turkey and continued dedication to this market.
He continued, " We look forward to a continued strong relationship with this bank and to further success in the Turkish market as a whole."
Published by Globes [online], Israel business news - www.globes.co.il - on Monday, March 07, 2005