Nautilus Hyosung Issues Response To Diebold Incorporated Announcement

DALLAS, Oct. 20, 2015 /PRNewswire-USNewswire/ -- Nautilus Hyosung Korea and Nautilus Hyosung America, (together Nautilus Hyosung), issue this press release in response to yesterday's announcement by Diebold Incorporated of its patent assertion actions against Nautilus Hyosung in both U.S. district court and the International Trade Commission.  

While Nautilus Hyosung would have welcomed a dialog in advance of these unprovoked aggressive actions by Diebold, Nautilus Hyosung will respond to Diebold appropriately considering all options available. In the interim, Nautilus Hyosung reasserts its commitment to innovation and excellence in the ATM (automated teller machine) and branch automation market. Nautilus Hyosung has been developing the highest quality products using Nautilus Hyosung proprietary technology to serve our customers in the financial industry, and we are committed to the next generation of ATM technology.

Moving forward, Nautilus Hyosung is fully prepared to respond to Diebold's aggressive advance. As we prepare an appropriate response against Diebold's asserted patents, and assess potential counter-claims based on Nautilus Hyosung's own proprietary technology, Nautilus Hyosung will not allow these actions by Diebold to distract us from our true goals – the commitment to provide superior products and excellent service to the financial institutions and independent ATM deployers we proudly serve.

About Nautilus Hyosung America
The Nautilus Hyosung America vision is to continually create automated financial products and solutions and maximize the convenience, accessibility and trust of their customers by leveraging their creativity, technology, speed to market and people. Nautilus Hyosung America is a subsidiary of South Korea Hyosung, Inc., a global leader in providing ATMs to the retail off-premises and financial institution markets. Since entering the North American market in 1998, Nautilus Hyosung America has shipped more than 200,000 ATMs and is the largest provider of ATMs in the United States. Nautilus Hyosung America is headquartered in Irving, Texas, and has research and development support in its Global Software Center in Dayton, Ohio. 

Contact: Sonet Le Roux 
Nautilus Hyosung 
(972) 350-7628; [email protected]   

Sheri D. Smith
WiseHive Public Relations LLC  
(214) 454-3969; [email protected] 

Photo - http://photos.prnewswire.com/prnh/20151020/278668LOGO

SOURCE Nautilus Hyosung

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