NCR Acquires Kinetics

NCR Corporation (NYSE: NCR) announced today that it has acquired Kinetics, Inc., a privately held company and leading provider of self-service solutions for the travel industry, for $26 million.

Based in Lake Mary, Fla., Kinetics provides solutions that include airline self-check-in, hotel self-check-in/check-out, quick-serve restaurant pre-order and self-service event ticketing. The acquisition covers the systems, software and services developed and marketed by Kinetics. Kinetics will operate as a subsidiary of NCR, and its employees will remain with Kinetics.

"NCR currently offers leading self-service solutions such as bill payment, self-checkout and other retail applications, as well as automated teller machines. Kinetics' expertise, software platform and systems are strategic additions to our self-service portfolio, enabling us to further extend our market reach and leadership to additional segments, like airline and hotel check-in, quick-service food ordering and event ticketing," said Lee Schram, senior vice president of NCR's Retail Solutions Division.

After accounting for all related costs, it is anticipated that the acquisition will be neutral to NCR's 2004 earnings.

"Joining with NCR, a recognized leader in self-service solutions, is the right thing to do for Kinetics, our customers and our employees, at the right time," said David Melnik, president and chief executive officer of Kinetics. "This combination will propel our company into the next generation of self-service technology, help us broaden our success in changing the face of travel and enable us to seize new opportunities in the international travel marketplace."

About Kinetics, Inc.
Kinetics, Inc., based in Lake Mary, Florida, is a leading provider of enterprise and self-service technologies to today's travel industry and is the architect of the modern airline self-service era. Kinetics produces hardware and software solutions, as well as engineering, developmental and preventive maintenance services designed to help businesses capture more revenue, expand distribution channels and enhance customer service. Kinetics technologies support all consumer channels, including kiosks, Web, PDAs, cell phones and phones (natural speech recognition). For more information, go to www.Kineticsusa.com.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's ATMs, retail systems, Teradata data warehouses and IT services provide Relationship Technology solutions that maximize the value of customer interactions and help organizations create a stronger competitive position. Based in Dayton, Ohio, NCR (www.ncr.com) employs approximately 29,000 people worldwide.