Diebold, Incorporated announces the opening of a direct operation in Uruguay that marks another step in the company’s expansion within the Latin American financial self-service industry, in which Diebold is currently the market leader.
“The presence of Diebold Uruguay will help to further establish brand awareness and increase our leadership in the South American market. More importantly, this will provide financial institutions within that country valuable tools to increase productivity and improve customer touch-points significantly,” said Ernesto R. Unanue, Diebold vice president and managing director of Latin America.
Having initiated operations recently, Diebold Uruguay has already completed several important business transactions. The company has obtained service contracts from Bancomat and CABAL, a Latin American credit card issuer. Additionally, the Uruguayan entity RedBanc SRL has acquired 26 Diebold self-service terminals, including cash dispensers and advanced- function automated teller machines (ATMs). Several of the new machines have multi-media capabilities with video and sound, which will permit financial institutions to run full-motion video advertisements on the ATM.
In January 2000, Diebold acquired the global self-service operations of France-based Groupe Bull. As part of that agreement, the company will also provide service to the more than 100 terminals previously installed at Banco de la Republica Oriental del Uruguay by Groupe Bull.
Diebold, Incorporated is a global leader in providing integrated self- service delivery systems and services. Founded in 1859, the company employs more than 11,000 associates with representation in more than 80 countries worldwide and headquarters in Canton, Ohio, USA. Diebold reported revenue of $1.3 billion in 1999 and is publicly traded on the New York Stock Exchange under the symbol ‘DBD.’ For more information, visit the company’s Web site at [http://www.diebold.com].