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DIEBOLD FORMS INTERNATIONAL SALES AND SERVICE BUSINESS UNIT

 DIEBOLD FORMS INTERNATIONAL SALES AND SERVICE BUSINESS UNIT
 CANTON, Ohio, Dec. 23 /PRNewswire/ -- Robert W. Mahoney, Diebold, Incorporated (NYSE: DBD) chairman and chief executive officer, announces formation of a new Diebold business unit -- Diebold International Sales and Service. The division is responsible for supporting international sales and service of automated teller machines (ATMs) and financial self-service products from InterBold(TM), the joint venture between Diebold and International Business Machines Corporation (NYSE: IBM). In addition, the business unit will expand the company's emphasis on sales and service of security products outside the United States, a market with significant potential.
 "Based upon the success of InterBold's first year of operation and the outstanding opportunities in the international marketplace for Diebold's total solutions, we have decided to increase our international focus by creating a separate business unit responsible for selling all company products and services outside the United States," said Mahoney.
 Heading the new business unit is Edgar N. Petersen, who has been named vice president and general manager of Diebold International Sales and Service. Petersen, who formerly was InterBold vice president of international sales and marketing, reports to Robert P. Barone, Diebold president and chief operating officer.
 Diebold, Incorporporated, headquartered in Canton, Ohio, is a world leader in financial self-service transaction systems, security products and customer service. Founded in 1859 as a security equipment company, Diebold today manufactures, sells and services InterBold automated teller machines (ATMs), automated fuel systems, video dispensing machines, electronic and physical security systems, facility products, software and systems for global financial and commercial markets.
 -0- 12/23/91
 /CONTACT: Mary Ann Jackson of Diebold, Incorporated, 216-497-4757/
 (DBD IBM) CO: Diebold, Incorporated; International Business Machines ST: Ohio IN: CPR SU: PER


DA -- CL012 -- 4824 12/23/91 12:06 EST
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Publication:PR Newswire
Date:Dec 23, 1991
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