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Paragon to Exhibit at Diebold's TAG National Conference

June 8, 2004

(Holly Springs, NC-June 9, 2004) Paragon Application Systems, Inc., a software and services provider for the financial services industry, will participate this year as an exhibitor at Diebold's TAG (The Advisory Group) National Conference. The conference is scheduled for June 20-23 in St. Louis, Missouri, and offers the latest news and expert advice on industry issues such as Triple DES, ADA, and Reg E.

"Exhibiting at TAG provides a unique opportunity not only to showcase our latest product developments-such as our triple DES support-and to see the next generation of Diebold products, but also to network with a wide variety of users of our ATM testing and simulation tools," says Kathy Cameron, Paragon's Marketing Director. "In addition to TAG, Paragon is a member of the Diebold Partner Information Xchange. Diebold is both a valued Paragon customer and a vital business partner."

TAG is an independent Diebold users group that facilitates direct communication among Diebold's customers, as well as providing a venue for those customers to communicate with Diebold's management. Membership is open to any financial institution, educational institution, or business which owns and operates Diebold self-service banking systems.

About Paragon Application Systems
More than 150 financial institutions in over 25 countries use Paragon's productivity empowering software to improve quality and reduce time-to-market. From its founding in 1994, Paragon has dedicated its efforts to providing ATM and EFT professionals with tools to improve the reach and quality of their institution's transactions. The Paragon tools configure ATMs for graphics and audio, simulate ATMs including Triple DES (TDES) and fault testing, and perform regression testing for ATM and ISO 8583 transactions. Other Paragon offerings measure and test system capacity and performance, and provide Web-enabled QA and development testing to remote users worldwide. Paragon's broad customer base includes interchanges, such as NYCE, Star Systems (ConcordEFS), PROSA, Transacty Slovakia, a.s. and Shazam; processors, such as Genpass Technologies, Metavante, Total System Services and Fiserv; leading software providers such as ACI Worldwide, CSF International, Mosaic Software, S2 Systems, and XP Systems; and banks, such as BB&T Corporation, Bank of Hawaii, and Citibank. Since 1998, Paragon has been a member of the Diebold Partner Information Xchange and an NCR Strategic Business Partner, and counts both Diebold and NCR among its customers. Paragon has been a member of the Interactive Financial eXchange (IFX) Forum since 2002 and the MasterCard Vendor Program (MVP) since 2003. Visit Paragon Application Systems at www.parappsys.com.

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Diebold Nixdorf

As a global technology leader and innovative services provider, Diebold Nixdorf delivers the solutions that enable financial institutions to improve efficiencies, protect assets and better serve consumers.

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