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Loomis Launches Its Most Compact Smart Safe Yet—the Titan Z®—in Partnership with Gunnebo

January 1, 2020 GMT

HOUSTON--(BUSINESS WIRE)--Jan 1, 2020--

Loomis has announced plans to launch their new SafePoint ® Titan Z smart safe at the NRF 2020 Retail Big Show & Expo in New York, January 12–14, 2020. Designed to suit smaller-scale businesses, the SafePoint Titan Z brings secure, reliable, and efficient cash processing benefits in a compact under-counter size.

By partnering with Gunnebo, a global smart safe manufacturer and leader in smart cash management solutions, Loomis is expanding their already industry-leading SafePoint cash management ecosystem to further enhance their leadership position in the cash automation sector.

“Loomis saw a need in the U.S. marketplace for a compact, cost-effective cash-handling solution designed specifically for businesses with very low cash volumes,” said Moises Gonzalez, Vice President of SafePoint for Loomis. “Through our partnership with Gunnebo, we are now able to meet this need by providing our customers with a high-quality smart safe unit that is supported by an advanced software platform.”

Vice President of Gunnebo North America, John Stroia, expressed equal excitement over the partnership. “Developing the Titan Z involved a lot of close collaboration with Loomis,” said Stroia. “We designed and customized this product to their unique suite of solutions, working closely together to integrate the software with Loomis’ core systems to improve not just the hardware but the overall user experience, and ultimately offer a solution unlike anything available in the marketplace today.”

About Loomis

Loomis offers safe and effective comprehensive solutions for the distribution, handling, storage, and recycling of cash and other valuables. Loomis customers are banks, retailers, and other operators. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 24,000 people and had revenue in 2017 of SEK 17.2 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list. For more information, visit loomis.us.

About Gunnebo

The Gunnebo Group is a worldwide leader in security products, services and software with focus on Safe Storage, Cash Management and Entrance Control. We have locations in more than 25 countries along with 4,500+ expert employees, and we specialize in robust and efficient security solutions for a safer world.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200101005022/en/

CONTACT: Emily Wiley

Marketing Manager, Loomis U.S.

Emily.wiley@us.loomis.com

KEYWORD: UNITED STATES NORTH AMERICA TEXAS NEW YORK

INDUSTRY KEYWORD: BANKING TECHNOLOGY DISCOUNT/VARIETY DEPARTMENT STORES PROFESSIONAL SERVICES SMALL BUSINESS RESTAURANT/BAR OTHER RETAIL WINE & SPIRITS SUPERMARKET SPECIALTY SECURITY OTHER TECHNOLOGY SOFTWARE RETAIL HARDWARE CONVENIENCE STORE

SOURCE: Loomis

Copyright Business Wire 2019.

PUB: 01/01/2020 11:00 AM/DISC: 01/01/2020 11:01 AM

http://www.businesswire.com/news/home/20200101005022/en