NORTH CANTON, Ohio -- Diebold, Incorporated has been named the exclusive supplier of
InnoVentry Corp.'s RPM branded automated financial service kiosks.
The exclusivity agreement will last for three years or until a minimum of $100 million in Diebold equipment has been purchased, which ever comes later. The $100 million sales target does not include the lease agreement for 1,400 machines, which InnoVentry awarded Diebold in November.
Diebold also earned a service contract that includes first- and second-line maintenance on all of InnoVentry's Diebold machines.
To date, InnoVentry has deployed more than 900 RPM machines in retail stores in 20 states, including Albertson's, Circle K, HEB Pantry Foods, Kmart, Kroger, Texaco and Wal-Mart. Most recently, The Kroger Co. agreed to place 1,500 additional RPM machines in its stores.
