February 15, 2005
NORTH CANTON, Ohio - To better reflect the market it serves, Diebold Credit Corporation, a wholly owned subsidiary of Diebold, Incorporated (NYSE: DBD), has officially been renamed Diebold Global Finance Corporation, according to a news release.
Diebold Global Finance provides financing for all Diebold products, including self-service technology and security solutions on a global basis, including hardware, software and services.
"The new name better reflects how our customer financing business is rapidly expanding into international markets to support the growth initiatives of Diebold," said Jeffrey J. VanCleve, vice president and general manager of Diebold Global Finance. "Diebold is clearly recognized as a global leader in the financial self-service, security and voting solutions markets. Our clear objective for Diebold Global Finance is to always be the preferred financing choice for customers in every geographic region that Diebold serves."
Diebold Global Finance has grown to become the only captive finance organization in the financial self-service, security, and card systems industries. Its financing alternatives allow customers to cost-effectively acquire new Diebold technology solutions and obtain needed flexibility to better manage the cost of rapid change.
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