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Global/Diebold Letter of Intent



Global Election Systems Inc. announced today that it has entered into a letter of intent to be acquired by Diebold, Incorporated based in Canton, Ohio

 

Last year Diebold’s Brazilian subsidiary, ProComm, supplied the world's largest nationwide voting system, used by 109 million voters, during elections held throughout Brazil. Procomp provided the Brazilian government with a turnkey voting system, including more than 180,000 voting terminals, accessories, software, installation, training, logistics and support.

Diebold, a global leader in providing integrated self-service delivery systems and services, reported revenues of $1.7 billion in 2000. It employs more than 10,000 associates with representation in more that 80 countries worldwide. It 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.

 

With the signing of this letter of intent, I have assigned Mike Rasmussen and Larry Dix to head up the transition team through the transition process.  Mike and Larry will be the liaison for all communications between Global Election Systems and Diebold.  Please direct all inquires to either Mike or Larry.

 

Thank you for your dedication to Global and to the future with Diebold.