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Diebold wins contract with Union Bank

May 14, 2008

NORTH CANTON, Ohio — Diebold Inc.has signed a deal with Union Bank to supply120 new ATMs for itsbranches in Nigeria.

The Opteva 520 lobby cash dispenser, one of Diebold's mostcompact ATMs, is expected to help Union Bank expand its ATM networkacross the country as well as improve branch efficiency.

And, according to a news release, the deal with Union Bank marks the latest in a number of recent deals for Diebold in Nigeria.

"After the installations havetaken place, we will work with Union Bank to maximize the geographical spreadof its ATM network, allowing us to combat problems found in banks in smallertowns, such as unreliable power supplies and difficult accessibility forservice," said Cliff Meinhardt, Diebold's vicepresident and general manager for Central Europe.

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