Ann: TSI Wins ATM Deal With Top Tier Bank , page-2

This is very good... and I hope more announcements to follow in immediate future due to the fact that the Reserve Bank of India has recently announced (22 Feb 2012) guidelines to Boost ATM Growth.

"Under the new guidelines, there is a significant change, which should lift many restrictions associated with Bank ATM deployment and to encourage an acceleration of the deployment of ATMs to reach the masses across India."

Previous TSN announcement [22 Feb 2012] states that:

"Company now has in excess of 700 ATMs fully operational and further contracts for up to another 200 ATMs to be installed."

I assume we include that the announcement today of an addtional number of machines... "TSI to deploy, manage and operate a minimum of 110 bank branded ATM sites"...."up to 220 ATMs....

Should put number of ATM's at 1120 if all come to fruitition...

Comments please..am I on the right track with these numbers........??

Cheers.

Anton.