200 Diebold Opteva® ATMs to be delivered to Russia’s Bank of Moscow by LANIT

25th January 2005

Top Russian bank to continue relationship with self-service leader

(LONDON) - One of Russia’s top 10 financial institutions has purchased 200 Opteva® automated teller machines (ATMs) from Diebold, Incorporated, a global leader in providing integrated self-service and security solutions.

Bank of Moscow, a financial institution with more than 2 million individual and corporate customers, will install the units across Russia. The bank has more than 500 locations, including Moscow offices, regional branches and post-office-based counters. Bank of Moscow’s purchase includes two of Diebold’s Opteva models - a lobby cash dispenser and a through-the-wall cash dispenser. The ATMs are powered by Agilis®, Diebold’s open, high-performance software, which is capable of interfacing with a variety of multiple-vendor products, reducing the need for back-end support.

Igor Chuchkin, processing centre chief for Bank of Moscow, said the financial institution chose Diebold for its high-quality product offering.

"We believe Diebold’s Opteva cash dispensers have raised the bar," Chuchkin said. "Opteva will provide uninterrupted service and convenience to our cardholders. We plan to install Opteva units in bank branches throughout all territories of Russia."

First introduced in 2003, Diebold’s Opteva family of ATMs now includes seven different models. The first Opteva sale in Russia took place in April 2003. To date, more than 25,000 Opteva ATMs have been purchased by some of the world’s leading financial institutions. The Opteva family covers almost every possible self-service application for the ATM, and was designed for high performance, maximum security, superior reliability and serviceability.

Henrik Funch, division vice president for Diebold Europe-Middle East-Africa (EMEA), said Diebold is proud to continue its relationship with Bank of Moscow.

"Our successful relationship with Bank of Moscow goes back nearly a decade," Funch said. "We strive to continue this successful business relationship by providing the bank with the highest quality self-service equipment that offers the reliability, security and performance only Opteva can provide."

Russia’s Laboratory of New Information Technologies (LANIT) acted as the distributor for the sale. A major Russian systems integrator, distributor and business partner of more than 40 of the largest global computer and IT companies, LANIT is a Russian third-party distributor for Diebold products and is Diebold’s leading supplier in its EMEA region. Dmitry Sivokon, director of the department of bank technologies for LANIT, said the distributor has great confidence in Diebold products.

"When a bank is experiencing intensive growth of its share of retail services, it results in a sharp increase in the demand for bank equipment," Sivokon said. "Bank terminals are only effective when they are of the highest quality. We are confident Diebold’s advanced technology will help Bank of Moscow strengthen its position as a leading financial institution."

Installation of the 200 Opteva units is underway and will be completed over the course of the next two years.

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