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Diebold expands ATM operations in India

July 1, 2007

MUMBAI, India - Diebold Inc. says it is strengthening its operations in India by enhancing its manufacturing, services support, software development, and sales and marketing activities in the region.

Diebold's new self-service banking automation and security solutions for India were expected to be unveiled last week in Mumbai. One of the featured solutions includes the Diebold 450 compact, full-function ATM, designed specifically for the Indian market.The company will also use ergonomics, branch transformation, checktruncation, check imaging and end-to-end payment solutions to convert traditional brick-and-mortar facilities into branches of the future.

"Improving our comprehensive suite of self-service solutions will increase our ability to meet the needs of financial institutions in India and allow them to provide advanced products and services for their consumers," said James Chen, senior vice president, Diebold divisions in Asia-Pacific, Europe, the Middle East and Africa.

Diebold is also marketing its security solutions for branches, which include closed-circuit TV and access control and remote monitoring of sites for intrusion detection.

Diebold operates a 30,000-square-foot manufacturing facility in Goa,India, where the company manufactures equipment, offers testing and equipment inspection and fabrication.

Diebold also established an education center in Chennai, India, to train and keep service engineers abreast of ever-changing technology, products and customer needs.

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