CARY, N.C. and DUBAI, United Arab Emirates, July 10, 2012 /PRNewswire/ — Transoft International, the leading provider of currency supply chain management software solutions announced today that The Transguard Group, the leading cash management company in the UAE with a fleet of over 200 armoured vehicles, has chosen Transoft’s OptiCash currency management software for its ATM and Branch cash management outsourcing offering.

The comprehensive end-to-end currency management solution OptiCash will be used to automate cash forecasting, cost balancing, ordering, monitoring, expense tracking and more by Transguard. Using historical demand data and statistical algorithms, ATM and branch cash levels are cost optimized to effectively meet demand at the lowest possible cost. In addition, OptiCash takes into account seasonal fluctuations, events and those trends that influence demand for cash to ensure maximum network availability.

“After an extensive industry review process, we have chosen Transoft’s OptiCash solution based on its proven foundation of cash optimization techniques, wide range of features such as their Simulations Module, and the company’s overall concentrated focus on cash management tools. We have implemented the solution and are ready to launch this new cash management outsourcing offering to our client base giving them immediate substantial savings,” states Haroon Muhammad, Senior Project Manager at Transguard.

“We are excited that the Transguard Group has chosen the OptiCash platform to manage their currency supply chain offering, further validating Transoft’s investment into ensuring our customer base can achieve the highest cost optimization possible across all continents. By applying statistical analysis and sophisticated business intelligence to the optimization, armoured carriers are now able to provide further services to their banks that allow them to balance all costs related to the core of their operations,” says Bo H. Holmgreen, President and CEO of Transoft International.

About The Transguard Group

The Transguard Group, an Emirates Group company, was established in 2001 and rapidly became renowned as the leading security services provider in the region. Since then, the group has diversified significantly and is now an international business support services company and a leader in the fields of facilities management, cash management, airport services and events management, as well as maintaining its position at the forefront of the security industry.

About Transoft International, Inc.

Transoft International is a leading provider of currency supply chain management software solutions for the banking industry. Transoft products include OptiCash, OptiNet, OptimizeCF. OptiVLM and OptiVault. These sophisticated applications have been developed by experienced cash management professionals to efficiently and cost-effectively handle all aspects of the complex cash management process. In use worldwide by banks, ATM networks, armoured car service providers and retailers, Transoft solutions are generating significant recurring cost savings for all forms of currency supply chain networks. For more information, please visit www.Transoftinc.com.

Media Contact:
Transoft International, Inc.
+1-919-678-9192

SOURCE Transoft International