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Technology Stocks : DBD: oversold at these levels?
DBD 7.430+0.4%4:02 PM EST

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To: Shawn M. Downey who wrote (61)1/19/2000 4:17:00 PM
From: Shawn M. Downey   of 79
 
Procomp subsidiary earns biggest deal in
Diebold history

SAO PAULO, Brazil -- Procomp Amazonia Industria Eletronica, the
recently-acquired subsidiary of Diebold, Incorporated, has received
the largest contract in Diebold's history.

Brazil?s Tribunal Superior Eleitoral (TSE), responsible for all
elections throughout the country, has purchased 186,800 Procomp
polling terminals and accessories, software development, installation,
training, logistics and service. The order is valued at US $105.5
million.

"For Diebold, this is the largest single order in the company's
141-year history,? said Ernesto R. Unanue, Diebold corporate vice
president and managing director for Latin America. ?More
importantly, however, this will mark the first time in Brazilian history
that 100 percent of voters, visiting more than 300,000 polling
stations, will be able to cast their votes using advanced digital
technology."

The technology is implemented by authorized personnel who load a
database with voter and candidate information, including a photo of
the candidate, into each voting terminal. Registered voters may then
use the terminals by entering the number assigned to each
candidate. They receive visual confirmation of their selection on the
liquid crystal display and the vote is stored. At the end of the day,
authorized personnel download the information to diskette, make a
hard copy using a thermal printer and transmit votes to a central
location to be tallied.

In addition to the more than 186,000 new machines, the TSE
intends to use 90,000 machines Procomp supplied them for the 1998
national election, as well as 78,000 machines that Procomp
upgraded in 1998. The new terminals will be manufactured and
delivered between April and August 2000, when estimated daily
production will reach 2,000 machines per day.

Elections for Brazilian mayors and city councils are scheduled for
October, and any necessary run-off elections will take place in
November.
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