Diebold to Announce New Software Strategy at Customer Expo
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Company to unveil new, revolutionary software platform at customer conference in Italy
NORTH CANTON, Ohio, May 17 -- Diebold, Incorporated (NYSE:DBD) a global leader in providing automated teller machines (ATMs) and security systems and services, will announce a new ATM software platform and business model at its Customer Conference & Expo, May 22-23 in Milan, Italy. Diebold's new business model will be centered on an innovative Agilis(TM) solutions platform, integrating flexible, open software development tools and services that will enable seamless connectivity between people, technology and delivery channels at financial institutions, while providing enhanced services to consumers.
Intense competition among financial institutions, using increased functionality and personalized banking channels is creating extreme pressure to meet customer needs. Consequently, financial institutions are seeking more consultation on applications from software and service providers.
Anticipating this growing need in the marketplace, Diebold is aggressively aligning its software capabilities and building its organization to support the demand. "We want to revolutionize the way financial institutions transact business and connect with consumers," said Charles Ducey, Diebold's senior vice president, global development and services. "Our renewed focus on software, services and integration development will allow us to build on our strength and reputation of delivering the latest technology to help customers more easily and efficiently connect with and serve consumers."
During the Customer Conference & Expo in Milan, Diebold will showcase new innovations in the financial self-service software arena and demonstrate new, integrated software applications. "We are excited to share new developments on the horizon in software innovation and discuss the role that software development will play in our company's future," Ducey said. "Diebold will provide a solid platform that bundles all products and services and streamlines business initiatives for customers."
Recently, Diebold named Kumar Pavithran as vice president, global software systems development, to lead this initiative. "Our comprehensive Agilis platform application reflects the company's broader vision to expand our business and provide customer guidance that address the ever-increasing needs of financial institutions around the globe," said Pavithran.
About Diebold
Diebold, Incorporated is a global leader in providing self-integrated self-service delivery and security systems and services. Diebold employs more than 15,000 associates with representation in nearly 90 countries worldwide and is headquartered in North Canton, Ohio, USA. Diebold reported revenue of $2.9 billion in 2006 and is publicly traded on the New York Stock Exchange under the symbol "DBD." For more information, visit the company's Web site at www.diebold.com/.
Source: Diebold, Incorporated
CONTACT: Media Relations, Anna Istnick, +1-330-490-6661, istnica@diebold.com,
or
Investor Relations, Jennifer Bako, +1-330-490-6318, bakoj@diebold.com
Web site: http://www.diebold.com/
