Diebold, Incorporated, a leading global provider of automated teller machines (ATMs) and related services has been honoured by ATM Industry Association (ATMIA) for 150 years of service in the security and finance industry. Diebold was presented with an award in recognition of this milestone anniversary at last week’s ATMIA / Retail Banking Research European ATMs 2009 conference by ATMIA, a global non-profit trade association with more than 1,000 members in 50 countries.
Since 1859, Diebold has grown from a small safe-and-lock company in Cincinnati, Ohio, to become one of the largest - and oldest - companies in the financial self-service, security and services markets, reporting 2008 revenue in excess of $3 billion. The company is preparing for its next 150 years with a renewed outlook on delivering innovation to its customers.
David Wetzel, Diebold vice president and general manager Western Europe, Middle East and Africa collected the award on behalf of the company. He said, “To reach this milestone and be recognised by ATMIA and our peers is a testament to Diebold’s longevity and stability within the marketplace. With a 150-year legacy, we have constantly pushed the boundaries of innovation to earn our place within the industry.
Wetzel continues, “We are preparing for another successful 150 years by continuing to deliver innovation and high levels of customer service and by driving down costs for our clients. We are also growing our presence within the UK and see an opportunity to help our customers reassess and improve their client services, especially during these difficult economic times.”
The ATMIA European ATMs conference brought together more than 300 of Europe’s leading players in the financial services industry. The conference was jointly organised with Retail Banking Research, the industry’s leading research and consulting firm.
- Ends -
Diebold’s Historic Journey
In 1871, when 878 Diebold safes survived the Great Chicago Fire, Diebold’s brand and reputation strengthened - as did its sales. Because of the inability to expand operations in Cincinnati, the company moved to Canton, Ohio, in 1872 where local business leaders helped the company build a large factory.
During the next 100 years, Diebold would see its product and solutions base grow. In the 1930s, the infamous bank robber John Dillinger prompted Diebold to create a deterrent system for financial institution branches, which would engulf the lobby in tear gas and cause bandits to flee. And during World War II, Diebold devoted 98 percent of its activities to supporting the American war effort, manufacturing $65 million in armour plate for more than 36,000 US Army scout cars.
In 1967, the company entered the financial self-service industry, showcasing a prototype of its first-ever multi-functional ATM, which some say looked like an egg on stilts. Diebold sold its first ATM in the United States in 1973, leading the way to today’s advanced deposit automation and self-diagnosing ATMs, which are sold around the world.
Based on its security expertise, Diebold was selected in 2001 to provide the sophisticated safes that protect the original documents of the US Constitution, the Declaration of Independence and the Bill of Rights - together known as the Charters of Freedom - in the National Archives Building in Washington, D.C.
About Diebold
Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 17,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol ‘DBD.’ For more information, visit the company’s website at www.diebold.com.
http://www.diebold.com
Last updated : 23-Jun-09