NORTH CANTON, Ohio, Aug. 21 /PRNewswire-FirstCall/ -- Diebold,
Incorporated (NYSE: DBD) through its relationships with Mosaic Software and
Thales e-Security, has successfully installed a Triple-DES solution at the
Anheuser-Busch Employees' Credit Union (ABECU) as part of a system-wide
upgrade. The credit union is the first Diebold customer to achieve end-to-end,
Triple-DES compliance in an automated teller machine (ATM) network.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000608/DIEBLOGO )
"This network upgrade achieved all of our goals and more," said Calvin
Curdt, ABECU vice president, Information Systems. "Not only are we Triple-DES
compliant from end-to-end, but we also enjoy improved reporting, increased
functionality and enhanced uptime."
ABECU's new Triple-DES capability enhances data security for its members
and brings the credit union into compliance with upcoming requirements that
all ATMs tied into the Visa or MasterCard networks be Triple-DES compliant by
April, 2005. The Triple Data Encryption Standard, or Triple-DES, is a higher
level of encryption used to better protect electronically transmitted data
like personal identification numbers.
"Our customers are looking ahead and taking the necessary steps to upgrade
their hardware and software for the new Triple-DES standards," said John H.
Tyler, Diebold vice president, Software and Services. "When financial
institutions make other improvements to their networks, they should also take
the opportunity to implement this new, higher security encryption standard.
Diebold's integrated offering of market-leading applications like Mosaic's
Postilion Software and Thales' e-Security Host Security Module enables us to
be our customer's strategic partner and provide a total retail delivery
solution that achieves Triple-DES compliance."
ABECU's primary goal in their recent network upgrade was to take advantage
of Postilion's advanced transaction processing system that is based on the
Microsoft(R) Windows(R) operating system. By implementing Mosaic's Postilion
and Thales' HSMs, they also achieved Triple-DES compliance while greatly
expanding their ATM network functionality.
Through reseller agreements with Mosaic Software and Thales e-Security,
Diebold provides a comprehensive ATM hardware and software solution able to
handle ATM driving, switching, network management, settlement and
reconciliation. The Diebold solution incorporating Postilion lays the
foundation for future enhanced functionality that allows credit unions and
other financial institutions to explore new customer service options and fully
develop their ATM networks as retail delivery channels.
Postilion's reliable, scalable, open architecture allows easy
implementation of new products and services at ATMs, kiosks and other self-
service devices, and allows financial institutions to run numerous types of
terminals and transactions on the same software platform. The Thales
e-Security HSM serves a wide range of transaction volumes and provides a cost-
effective platform for securing payment transactions, including traditional
debit and credit card-based payments or the newer EMV card payments.
Anheuser-Busch Employees' Credit Union ( www.abecu.org ) is a full-service
financial institution and is a recognized leader in the development of
interstate delivery of financial services. ABECU has 22 branch locations with
$650 million in assets, serving 76,000 members nationwide and around the
About Mosaic Software
Mosaic Software ( www.mosaicsoftware.com ) is a leading edge provider of
electronic funds transfer (EFT) software for consumer-generated electronic
transactions, and is the market leader for web-enabled ATM and prepay software
solutions. Mosaic's family of products, named Postilion, is a comprehensive
software solution designed to effectively handle the transaction
delivery and authorization requirements of every aspect of the EFT arena.
About Thales e-Security
Operating in three main markets covering e-security, card payment and
network security, Thales e-Security ( www.thales-esecurity.com ) addresses the
business, government and finance industry's need for cryptographic security
products and solutions. Over half of the world's banks, together with the
majority of the busiest exchanges, currently use Thales technology. For more
than 20 years the company has been at the forefront of security and payment
technology, co-operating and contributing to set the industry standards used
for financial transactions and e-commerce globally. Thales e-Security offers a
wide range of security solutions to protect Government and Defense critical
information infrastructures, thereby positioning the company as a leading
worldwide supplier of certified network security products.
Thales is a world leader and front-runner in professional electronics in
three key markets: Aerospace, Defense and Information Technology & Services
(IT & S). The Group employs 65,000 people in nearly 50 countries worldwide and
generated revenues of over 11 billion euro in 2002.
Thales, one of the globe's leading suppliers of integrated security
solutions, addresses the business security needs of corporations and
governments alike, protecting transactions, networks, identification documents
and sensitive sites. Thales' security capability extends to security and
payment technology for financial transactions, networks and e-commerce. An
acknowledged expert in smart card technology and applications, Thales is a
leader in security critical electronic payments, integrated Electronic Fund
Transfer (EFT), e-purse payment and secured keyboards, as well as being a
leading supplier of electronic card payment terminals.
Diebold, Incorporated is a global leader in providing integrated self-
service delivery systems, security solutions and services. Diebold employs
more than 13,000 associates with representation in more than 88 countries
worldwide and is headquartered in North Canton, Ohio, USA. Diebold reported
revenue of $1.9 billion in 2002 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 .
SOURCE Diebold, Incorporated