IPSA

Madrid, 10 Feb. 2012

10.02.02

IPSA closes technology transfer agreement with Evertec Inc.

 

Since the year 2006, IPSA collaborates with its Atril platform in the processing of bank documents for the Puerto Rican company Evertec Inc.

IPSA, a spanish multinational specialized in software solutions for the capture and management of document content and EVERTEC Inc., leading company in the processing of financial transactions and computing technology solutions in Puerto Rico, Central American, and the Caribbean, have signed a technology transfer agreement, through which, IPSA loans Evertec Inc. its Atril technology for the processing of banking documents, which will increase Evertec's autonomy to expand, based on the Atril document platform, its business and quality of services offered to its clients.

It is a clear bet by IPSA for a channel policy, this agreement strengthens the relation between both companies, initiated in 2006 and, additionally, entails a technology cooperation framework of two years, in which IPSA will continue to train staff and help in the consolidation of solutions that Evertec Inc. will constitute for its clients on the Atril platform.

With this transfer of technology IPSA reaffirms itself as an exporter of technology. The external market contributes today more than 75% of the business figure consolidated by IPSA. Since the 90s IPSA's Atril technology, specialized in the banking sector, provides numerous Latin American companies with big technological advances in the processing of its banking documents.

About Evertec

EVERTEC is the main provider of financial transactions and technological solutions for business management. Furthermore, it is the manager of the ATH® network, the most extensive network for automatic telling machines and selling point terminals in the Caribbean. Its main offices are located in Puerto Rico and have presence in the United States, Dominican Republic, Costa Rica, Venezuela, and El Salvador, it counts with 1,700 employees and clients in 12 countries.

For more information, www.evertecinc.com