Data Financial Business Services, Inc.

Description

Founded in 1983, Data Financial, Inc. serves the cash handling, check processing, time and attendance and forms control needs for financial institutions, gaming, retail and business throughout the US. The company currently provides products and service support for more than forty manufacturers. Data Financial, Inc. develops and markets custom software products for cash management in the gaming environments, provides intelligent cash handling safes to the retail industry, and offers hosted employer technology solutions.

We did not coin the phrase ‘adding value’ to products, but this is what we do for a living. As a company, we provide innovative hardware solutions, custom software applications, and customer-driven service options to the banking, retail, gaming, and business markets.

As one of the largest manufacturers of cash management and security equipment, Tidel also produces the Sentinel and Revolution family of Cash Management Systems with flexibility and efficiency in mind. Data Financial, Inc. is a sales and service provider for the entire Tidel product line. These advanced products integrate across network operations, innovative software controls, and complete the cash management loop. “At the most basic level, Tidel products offer our users increased security and efficient end-of-day processing,” saidJim Holtz, Data Financial, Inc.

Software – Purchaser hereby is granted a license to use any third party manufacturer’s software incorporated in each Product covered by this order (“Licensed Software”), and such license may as required by subject to a separate license agreement between DFI and Purchaser, the terms of which shall govern. Purchaser shall not receive ownership rights in connection with the Licensed Software, and Purchaser shall use the Licensed Software only in connection with the subject Product and for no other purpose.

James Holtz, President of Data Financial, Inc. announced the acquisition, citing his company’s ability to quickly and effectively take over existing account relationships. “Distributech has been a leading provider of check processing and forms handling solutions in this area for more than forty years,” said Holtz. “Many of our product lines have similarity and utilize complementing service and technical support skills. With a broader geographic footprint and a large technical staff, I know we can bring additional value to Distributech’s many customers,” Holtz continued.

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