Technology allows Diebold to strengthen ATM check imaging software
NORTH CANTON, Ohio and PLANO,
Texas, January 23, 2007 /PRNewswire/ -- DataTreasury Corporation,
a Texas-based check-processing company, has signed
a worldwide licensing agreement with Diebold,
Incorporated, allowing the ATM manufacturer to
use four of the company's financial transaction
patents. These patents relate to technologies
involved in the electronic processing of checks
and other financial instruments and include claims
related to the capture, transmission, encryption,
storing and retrieval of electronic images generated
from these types of documents.
"Diebold proactively sought to
license this technology to offer a more robust
check imaging suite, including ImageWay(TM) ATMs,
for our customers as a key step toward accelerating
the adoption of check imaging at the self- service
channel," said Chuck Ducey, Diebold's senior vice
president of Global Development and Services.
"We are the only ATM supplier in the industry
who currently holds a license to the DataTreasury
patents -- allowing our customers to use Diebold
products and benefit from this patented technology."
"We're proud to bring an industry
leader like Diebold into our family of licensees,"
said Keith DeLucia, chief executive officer of
DataTreasury. "This license should help Diebold
build its product line and better serve its customers.
I believe this will be a very bright year for
Terms of Diebold's licensing
agreement with DataTreasury are not being disclosed.
Other licensees of DataTreasury's patented technologies
include J.P. Morgan Chase, Merrill Lynch, NetDeposit,
Inc., Community Banking Systems, and RDM Corporation.
Diebold, Incorporated is a global
leader in providing integrated self- service delivery
and security systems and services. Diebold employs
more than 14,000 associates with representation
in nearly 90 countries worldwide and is headquartered
in North Canton, Ohio, USA. Diebold reported revenue
of $2.6 billion in 2005 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.
About DataTreasury Corporation
A privately owned company, DataTreasury
was formed in 1998 and is built around an extensive
patent portfolio, which includes patents covering
its Global Repository Platform, the world's most
functional and secure informational management
system. Several countries have recognized the
patentability of this technology, and DataTreasury
has many other pending patent applications surrounding