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Diebold, Bank of China close Opteva Deal

December 26, 2005

NORTH CANTON, Ohio - Diebold and Bank of China have finalized a multimillion-dollar agreement that includes the purchase of 642 Opteva ATMs powered by Agilis software.

"Bank of China has a long and celebrated history, and is considered one of the best commercial institutions in the country," said Daniel Hu, managing director of Diebold, Greater China Area, in a news release. "BOC's deployment of Opteva ATMs will enhance the bank's brand image and expand its customer base by setting higher standards in the province for advanced technology, superior products and enhanced services."

BOC is working to raise the efficiency and profitability of its bank branches and aims to transfer about 40 percent of its traditional teller transactions to its self-service delivery channel by 2008. It also wants to increase surcharge revenue through self-service transactions.

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