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Technology Stocks : Optimal Robotics Corp. (OPMR)

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To: aaplAnnie who wrote (129)12/20/1999 10:46:00 AM
From: J_W  Read Replies (1) of 325
 
Optimal Robotics Selects Diebold's ATM Cash Dispensing Technology;

Industry Leading U-Scan Express Self-Checkout System To Incorporate Diebold ATM Dispensers

Business & Technology Editors

MONTREAL--(BUSINESS WIRE)--Dec. 20, 1999--Optimal Robotics Corp.
(NASDAQ:OPMR) today announced that it has selected Diebold,
Incorporated as its primary supplier of automated teller machine (ATM)
cash dispensing technology for use in Optimal's U-Scan Express
self-checkout system. Beginning in January 2000, all U-Scan Express
systems will include Diebold dispensers as part of the standard cash
management configuration contained in each U-Scan customer
self-service terminal.
"We are pleased to announce this significant enhancement to our
self-checkout product," said Elliot Brenhouse, vice president of
operations of Optimal Robotics Corp. "By partnering with Diebold, we
are able to incorporate ATM quality dispensers in U-Scan Express, we
continue to demonstrate our ongoing commitment to strengthening our
product offering and believe we will bolster our already strong
leadership position in the marketplace."

As part of the ongoing cooperation between the companies, Optimal
has also engaged Diebold to provide certain service and support
functions. Diebold, with more than 4,500 highly trained service
associates worldwide, is well positioned to provide such services.
"The combination of Diebold's reliable multimedia cash dispenser
and Optimal's leading self-checkout product will benefit both
companies significantly," said Brad Stephenson, general manager, OEM
Division, at Diebold. "Most importantly, consumers who will be using
U-Scan Express in retail outlets across the country will now be able
to benefit from Diebold's well-established ATM products."

Diebold, Incorporated is a global leader in providing integrated
self-service delivery systems and services. Founded in 1859, Diebold
employs more than 9,000 associates with representation in more than 75
countries worldwide and headquarters in Canton, Ohio, USA. Diebold
reported revenue of US$1.2 billion in 1998 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.

Optimal Robotics Corp. has installed more than 370 self-checkout
systems in supermarkets and supercenters throughout the United States.
The Company's principal product is U-Scan(R) Express, an automated
self-checkout system which enables shoppers to scan, bag and pay for
their purchases with limited or no assistance from store personnel.
The U-Scan(R) Express system has become the industry standard in North
America and will process over 45 million customer transactions in
1999. U-Scan Express(R) is designed to reduce retailer checkout costs,
increase shoppers' convenience and provide an ATM-like checkout
experience.
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