Cadmus Tech makes inroads into Singapore

Cadmus also secured an agreement to supply an initial 200 units of one of its terminals and a software development system aimed at the Singaporean banking market.

Additional orders were expected to follow over the next 12 months.

"This win is our first in the highly sophisticated Singaporean market, and a key one as Cadmus expands into the south-east Asia region," says Pat McCammon, Cadmus' general manager of international marketing.

He said most Singaporean terminals were up to 10 years old and required replacement in the near future.

Cadmus said that over the last year it had secured business in Australia and Malaysia worth $7 million for delivery within the next 12 months.

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