Diebold and Digital Monitoring Products Form Strategic Alliance; Companies Will Use Internet to Transmit and Monitor Alarm Signals

Business Wire, Oct 5, 2000

Business Editors

NORTH CANTON, Ohio--(BUSINESS WIRE)--Oct. 5, 2000

To give customers superior security monitoring technology via the Internet and similar high-speed data networks, Diebold, Incorporated and Digital Monitoring Products, Inc. (DMP), today announced a strategic alliance that will provide financial institutions and retail commercial customers with sales, service and installation of advanced security systems.

Diebold is a global leader in providing integrated self-service delivery systems, security and services. DMP designs and manufacturers the most innovative and advanced intrusion, fire and access control panels in the security industry. The two companies are also working together to develop niche products for specific market applications. Both companies will benefit from the newly formed alliance by transmitting alarm signals over the Internet or through similar data systems to increase customer service and reduce response times.

While most security monitoring companies are still using analog transmission via telephone lines, both Diebold and DMP have been transmitting signals digitally for some time.

"This alliance fits into Diebold's long-term goal of evolving from being a manufacturer to a systems integrator and service provider of outsourced security products and technologies," said Richard Baggot, general manager, Integrated Security Solutions Group at Diebold.

"With Diebold now providing DMP products to the marketplace, current and future DMP customers now have access to Diebold, a global installer and supplier of alarm products," said Mark Hillenburg, marketing manager for DMP.

For the past 25 years, Springfield, Missouri-based DMP has designed and manufactured quality security products for professional installation and service companies. Quick and easy installation, outstanding reliability, installer-friendly programming and industry exclusive features are hallmarks of DMP's highly advanced line of electronic security products. For more information, visit the company's Web site at www.dmpnet.com.

Diebold, Incorporated is a global leader in providing integrated self-service delivery systems and services. Diebold 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 www.diebold.com.