text: Based on the Company’s current business plan and financial projections, the Company expects to continue to reduce operating losses and net cash 
  used in operating activities in 2001. In the Network Services Segment, the Company anticipates that increased transaction levels in its AT M 
  network will result in additional revenues without a corresponding increase in expenses. In addition, the Company expects to further expand its 
  ATM outsourcing services and offer new value-added services, which will provide continued revenue growth without significantly increasing dire c t 
  operating expenses or capital investments. In the Software Solutions Segment, the Company expects that the benefits of a re s t ructuring pro g r a m 
  commenced in the first quarter of 2001 will reduce the operating losses and bring operating costs more in line with anticipated revenues. The 
  Company believes that the credit facility, certain asset sales and cash and cash equivalents will provide the Company with sufficient capital until it 
  achieves positive cash flow. As a result, the Company believes it has sufficient liquidity re s o u rces to meet current and future cash re q u i rements. 
  
  BA L A N C E SH E E T IT E M S 
  
  **Cash and Cash Equivalents**The decrease of cash and cash equivalents to $7.2 million at December 31, 2000 from $15.0 million at December 
  31, 1999 is due primarily to the net effects of working capital movements, foreign exchange gains and losses, the settlement of a forw a rd fore i g n 
  exchange contract, private placement of common shares, capital expenditures and capital lease payments, and operating losses for the year ended 
  December 31, 2000. (See Note 21 to the Consolidated Financial Statements – Reconciliation of net loss to net cash used in operating activities and 
  the Consolidated Statements of Cash Flows.) 
  
  **Restricted Cash**Restricted cash decreased to $2.1 million at December 31, 2000 from $10.9 million at December 31, 1999. The majority of 
  restricted cash was held as security with respect to cash provided in Hungary by banks participating in Euro n e t ’s ATM network, to cover 