-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, A/u+hnTcLjdmkDb1Pu2fPAz0M0BskuGIzOngHOmiz7aocureQ0g5a2AhR6+hRsET N+xafUyG7hxcOrN0I9XTmg== 0000950152-97-005017.txt : 19970704 0000950152-97-005017.hdr.sgml : 19970704 ACCESSION NUMBER: 0000950152-97-005017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19970627 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970703 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIEBOLD INC CENTRAL INDEX KEY: 0000028823 STANDARD INDUSTRIAL CLASSIFICATION: CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) [3578] IRS NUMBER: 340183970 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04879 FILM NUMBER: 97636225 BUSINESS ADDRESS: STREET 1: P.O. BOX 8230 CITY: CANTON STATE: OH ZIP: 44711-8230 BUSINESS PHONE: 2164894000 MAIL ADDRESS: STREET 1: PO BOX 8230 CITY: CANTON STATE: OH ZIP: 44711-8230 8-K 1 DIEBOLD, INCORPORATED 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 ---------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported). June 27, 1997 ------------- DIEBOLD, INCORPORATED - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Ohio 1-4879 34-0183970 - --------------- ---------------- --------------------------------- (State or other (Commission File (IRS Employer Identification No.) jurisdiction of Number) incorporation) 5995 Mayfair Road, P.O.Box 3077, North Canton, Ohio 44720-8077 --------------------------------------------------------------------------- (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: (330) 489-4000 -------------- N/A ------------------------------------------------------------- (Former name or former address, if changed since last report) 2 Item 5: OTHER EVENTS. On June 27, 1997, InterBold, a seven-year old joint venture between Diebold, Incorporated and International Business Machines Corp. ("IBM") to design and develop automated teller machines (ATMs), announced that it would discontinue its international marketing and distribution agreement with IBM. On July 2, 1997, Diebold, Incorporated announced that IBM advised that it exercised an option to sell its 30 percent minority ownership in InterBold to Diebold. Item 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits 99.1 Press Release of InterBold dated June 27, 1997. 99.2 Press Release of Diebold, Incorporated dated July 2, 1997. SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DIEBOLD, INCORPORATED By: /s/ ROBERT W. MAHONEY -------------------------- Robert W. Mahoney July 2, 1997 Chairman of the Board and CEO 2 3 EXHIBIT INDEX ------------- EXHIBIT NO. EXHIBIT DESCRIPTION ----------- ------------------- 99.1 Press Release of InterBold dated June 27, 1997 99.2 Press Release of Diebold, Incorporated dated July 2, 1997 3 EX-99.1 2 EXHIBIT 99.1 1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE: INTERBOLD DISSOLVES INTERNATIONAL June 27, 1997 DISTRIBUTION AGREEMENT WITH IBM NORTH CANTON, Ohio -- InterBold, a seven-year-old joint venture between Diebold, FOR MORE INFORMATION: Incorporated (NYSE:DBD) and International John Kristoff Business Machines Corp. (NYSE:IBM) to develop +1 330 490 3782 and market automated teller machines (ATMs), kristoj@diebold.com announced today that it will discontinue its international marketing and distribution agreement with IBM. Under the original terms of the agreement, IBM had exclusive distribution rights to InterBold products in many regions outside the United States, with Diebold marketing InterBold products in the United States and managing distribution in other select international markets. Diebold is the exclusive manufacturer of InterBold ATMs. "The original purpose of the InterBold joint venture was to match Diebold's outstanding self-service technology with IBM's global distribution system," said Gregg A. Searle, chairman of InterBold's Governing Committee and president and chief operating officer of Diebold, which owns 70 percent of the joint venture. "However, in the years since, Diebold has emerged as an international leader in providing self-service solutions and has developed a critical mass in international sales and distribution capabilities. We believe Diebold is now positioned to leverage the InterBold ATM product line by marketing directly to customers worldwide." (more) 2 PAGE TWO/INTERBOLD DISSOLVES INTERNATIONAL DISTRIBUTION AGREEMENT WITH IBM Customers should not be impacted, as terms of the joint venture agreement provide for an 18-month transitional period for changes in distribution and marketing responsibilities. "It is Diebold's desire to pursue improved operating profits and growth opportunities by streamlining our distribution channels," Searle said. "The international strategic initiatives Diebold has made, independent of the joint venture, provide the company with a solid foundation of global resources from which to grow worldwide sales, service and support." In the time since the joint venture was initiated, Diebold has greatly expanded its own sales and marketing resources in Europe, Asia, the Pacific Rim and Central and South America. Diebold has created joint ventures in China, India and Venezuela; acquired subsidiaries in Canada, Australia and Mexico; expanded operational centers in Singapore and the United Kingdom; and set up distributorships in areas such as the Middle East and South America. Diebold has more than doubled its overall corporate revenues since 1991, surpassing US$1 billion in sales last year. "Clearly, Diebold is well positioned to be a strong player in the global marketplace," said Searle, "We are committed to providing the highest level of service and support to our customers and expanding our existing network of resources." # # # PR/2395 EX-99.2 3 EXHIBIT 99.2 1 EXHIBIT 99.2 FOR IMMEDIATE RELEASE: DIEBOLD ENTERS DISCUSSIONS TO July 2, 1997 PURCHASE IBM'S SHARE OF INTERBOLD NORTH CANTON, Ohio --International Business Machines Corp. (NYSE:IBM) today advised Diebold, Incorporated (NYSE:DBD) that FOR MORE INFORMATION: it will exercise an option to sell its 30 John Kristoff percent minority ownership in InterBold to +1 330 490 3782 Diebold. InterBold is the seven-year-old kristoj@diebold.com joint venture between Diebold and IBM to design and develop automated teller machines (ATMs). Diebold and IBM have begun discussions to assess the value of the minority stake. InterBold announced last week that it has discontinued its international marketing and distribution agreement with IBM. Gregg A. Searle, chairman of InterBold's governing committee, said that Diebold is now positioned to be a strong player in the global marketplace, having greatly expanded its sales and marketing resources in Europe, Asia, the Pacific Rim and Central and South America in recent years. Diebold has created joint ventures in China, India and Venezuela; acquired subsidiaries in Canada, Australia and Mexico; expanded operational centers in Singapore and the United Kingdom; and set up distributorships in areas such as the Middle East and South America. Diebold, Incorporated, headquartered in Canton, Ohio, is a global leader in providing card-based transaction systems, security and service solutions to the financial, education and healthcare industries. Founded in 1859, the company develops, manufactures, sells and services automated teller machines, campus systems, smart card systems, electronic and physical security equipment, automated medication dispensing systems, software and integrated systems solutions. # # # PR/2396 -----END PRIVACY-ENHANCED MESSAGE-----