Burroughs, Inc. Announces New Chief Executive Officer and Chief Operations Officer

ELMHURST, IL — Burroughs, Inc., the largest independent technology product
and services company in the U.S. financial and retail market, is pleased to
announce that Anson Martin has been appointed Chief Executive Officer (CEO).

In this role, Martin is responsible for the strategic performance
of the company ‒ which starts with consistent value creation and delivery to
customers with the highest integrity through a dedicated team of professionals
built on character, experience and pride. 

Burroughs
is also pleased to announce that Ed Boyd, who had
been serving as the acting CEO, was appointed Chief Operations Officer (COO), a
new key role reporting directly to the CEO. As the COO, Boyd and his team will
continue to focus on advancing Burroughs’ operational excellence through
technology, capabilities and proven processes to provide the highest level of
service and support in the industry.

“These exciting changes are consistent with our strategy and
commitment to better serve our customers, markets, employees and investors,”
said John Gatti, Chairman of Burroughs’ Board of Directors. “We remain
committed to strategic investments in order to grow the value and quality of
solutions, service and support Burroughs brings to our customers and the
markets we serve.”

Martin is a proven leader with success in profitably growing the
companies he has served in the U.S., Europe, Asia and South America. He joins
Burroughs from the energy storage industry where he held a series of executive
roles increasing in responsibility; general management, sales, business
development and marketing for global enterprises. He holds an MBA in Global
Management and International Marketing, and a Bachelors Degree in Mechanical
Engineering.

“I am extremely excited to join the Burroughs team and build on the legacy of such a long-established, 133-year brand,” Martin said. “I look forward to reinforcing our value offering and relevance with our customers, focused on strengthening our relationships and consistently meeting their evolving needs as a trusted partner. In addition to our products and service offerings, we will focus on the customer experience as a key differentiator, and to position the company into adjacent applications and markets that will greatly benefit our customers from our unique competencies.”

At Burroughs, we strive each and every day to consistently
deliver our very best to our customers.

ABOUT BURROUGHS — Burroughs provides exceptional solutions,
installation, service and support on third-party ATM, teller cash automation,
smart safes, branch automation, and self-service solutions throughout all 50
states in the US and Puerto Rico with the nation’s largest maintenance and
support organizations with more than 500 Customer Service Engineers delivering
comprehensive and customized solutions, support and maintenance nation-wide.
Visit www.burroughs.com for
more information.