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Diebold signs ATM, software deal with China's postal bureau

September 17, 2006

NORTH CANTON, Ohio - Diebold Inc. has secured a contract to deploy more than 300 Opteva ATMs running on Agilis software to China's Postal Savings and Remittance Bureau - one of China's fastest-growing national ATM networks. The deal also includes a one-year service agreement.

With a growing network of more than 6,000 ATMs dispersed throughout 36,000 business outlets, POSB serves approximately 270 million customers and is China's fifth-largest financial-service provider.

Diebold recently signed a deal with China Construction Bank for 1,200 ATMs and another agreement to deliver nearly 300 self-service bulk-cash recycle machines to the Bank of China.

"The advanced functionality and superior flexibility of our self-service terminals will increase profits and efficiency of services for the bureau," said Daniel Hu, managing director of Diebold in Greater China.

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