Diebold Partners with Mosaic Software and Thales E-Security to Implement Triple-DES Solution at Anheuser-Busch Employees' Credit Union
First Diebold Customer to Achieve Total Triple-DES Compliance
from ATM to Processor
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. About ABECU 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 world. 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. About Thales 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. About Diebold 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
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