Diebold Nixdorf announces the promotion of Patricia A. Lang to vice president, chief people officer

Diebold Nixdorf announces the promotion of Patricia A. Lang to vice president, chief people officer

 

NORTH CANTON, Ohio, 2017-Oct-26 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD) today (23 October 2017) announced that Patricia A. Lang has been promoted to vice president, chief people officer. She will be responsible for leading all employee-focused initiatives and human resource operations affecting Diebold Nixdorf’s 24,000 people globally. She will report to Andy W. Mattes, Diebold Nixdorf president and chief executive officer, and is based at the company’s headquarters in North Canton.

“Patty’s experience and in-depth knowledge in all facets of human resource functions, including the integration of complex, multicultural companies, makes her a perfect fit to lead our employee-focused efforts,” said Mattes. “Culture and talent are key pillars in our DN2020 multi-year transformation program, and Patty will help strengthen our commitment to create and sustain a collaborative environment in which our employees can thrive.”

Lang joined Diebold, Incorporated in 2012 to lead the company’s global rewards, human resources information systems (HRIS) and people analytics organizations. Prior to joining Diebold, Lang worked at Mylan N.V., where she held various roles including the HR lead on M&A activities, with responsibility for all HR-related activity including counsel to the company’s CEO and president. She has more than 25 years of experience in human resources and related fields, successfully holding various leadership positions in human resources operations and consulting at companies such as Alcoa, Mercer, Conduent and Cigna.

Lang is a native of Washington, Pa., and has residences in the Pittsburgh and North Canton areas. She received a bachelor’s degree from Duquesne University in business administration with a concentration in Information Technology & Management. She also holds various certifications in human capital management, mergers and acquisitions, global employee benefits, manufacturing business systems and the Toyota Production System.

About Diebold Nixdorf
Diebold Nixdorf, Incorporated is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Media Relations:

Mike Jacobsen
APR
+1-330-490-3796
michael.jacobsen@dieboldnixdorf.com

Investor Relations:

Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com

SOURCE: Diebold Nixdorf

###

Diebold Nixdorf to release Q3 2017 financial results on Tuesday, Oct. 31

NORTH CANTON, Ohio, 2017-Oct-20 — /EPR Retail News/ — Diebold Nixdorf, (NYSE:DBD) will release 2017 third quarter financial results Tuesday, Oct. 31 before trading begins on the New York Stock Exchange.  Andy W. Mattes, president and chief executive officer, Christopher A. Chapman, senior vice president and chief financial officer, and Juergen Wunram, senior vice president and chief operating officer will discuss the results during a conference call scheduled to begin at 8:30 a.m. ET.

Information about Diebold Nixdorf’s financial results, including a complete, full-text press release, supplementary financial data and an earnings overview presentation, will be accessible by visiting the Investor Relations section of Diebold Nixdorf’s website located at http://www.dieboldnixdorf.com/earnings on Oct. 31.  Live access to the conference call, as well as the replay, will also be available on this website. The conference call will last approximately one hour. Participants should plan to dial in 10 minutes prior to the session.  Details on the call are as follows:

Dial-in number Passcode Time/Date
Conference Call US/Canada:   800-289-0498 2890105 8:30 a.m. ET, Oct. 31, 2017
International:  719-325-4810

About Diebold Nixdorf

Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

Media Relations:
Mike Jacobsen
APR
+1-330-490-3796
michael.jacobsen@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com

SOURCE: Diebold Nixdorf

RBR Global ATM Market and Forecasts to 2022: Diebold Nixdorf named the largest manufacturer in the global ATM market

Company is the only manufacturer to have more than 1 million terminals worldwide

NORTH CANTON, Ohio, 2017-Oct-06 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD), a world leader in driving connected commerce, has been named the largest manufacturer in the global automated teller machine (ATM) market, according to RBR’s “Global ATM Market and Forecasts to 2022.”  With a 32 percent share of the global market, Diebold Nixdorf is the only manufacturer to have more than 1 million of its ATMs installed worldwide, according to the research.

RBR is a strategic research and consulting firm widely recognized as the leading provider of strategic research and consulting services in the areas of banking and retail automation, cards and payments. “Global ATM Market and Forecasts to 2022” is a comprehensive analysis of the development and future of the global ATM and cash dispenser market and covers 180 countries in the Americas, Asia-Pacific, Central and Eastern Europe, the Middle East and Africa and Western Europe.

This ranking comes on the heels of RBR’s recent finding of Diebold Nixdorf as the global leader in ATM application software with nearly 30 percent market share, via the combined installations of its previously independent companies through 2015.

“Our ranking as the largest global ATM manufacturer by RBR is a great example of our company’s scale and proximity to customers – proving that we are wherever they are,” said Andy W. Mattes, president and chief executive officer, Diebold Nixdorf. “This position also gives us the largest foundation in the industry for selling software and services into our installed base, reinforcing us as the leader in services-led, software-enabled transactions driven by innovative hardware for consumers around the world. Our teams will continue developing connected commerce solutions that transform the industries we serve and improve our customers’ business.”

Globally, the number of ATMs grew by 3% to 3.3 million in 2016 and is expected to grow to more than 3.7 million by the end of 2022, according to the report. In addition, RBR’s forecast shows 2.2% annual growth in ATM shipments through the year 2022, with 80 percent of shipments expected to be replacements.

About Diebold Nixdorf 
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

Media Relations:
Renee Murphy
+1-330-490-5825
renee.murphy@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com

SOURCE: Diebold Nixdorf

Devon R. Watson appointed vice president, chief marketing officer of Diebold Nixdorf

Devon R. Watson appointed vice president, chief marketing officer of Diebold Nixdorf

 

NORTH CANTON, Ohio, 2017-Oct-06 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD) today (Oct. 4, 2017) announced Devon R. Watson has been named vice president, chief marketing officer. In this newly created position Watson, an experienced strategy and business development leader, will lead the company’s global marketing operations and strategy, focusing on driving growth through industry thought leadership and effective customer-facing campaigns. Watson will report to Andy W. Mattes, president and chief executive officer.

“During the past five years with the company, Devon has become a very effective and passionate ambassador for Diebold Nixdorf and our efforts to bring to life our “connected commerce” message for our customers,” said Mattes.  “Given Devon’s experience in developing and growing businesses throughout his career — especially in software, which represents a big growth opportunity for our company — he is a perfect fit to take our marketing efforts to the next level.”

Watson joined Diebold, Incorporated in 2012 and has held a number of leadership roles in solution strategy and innovation. Most recently, he served as vice president, software strategy and operations. Prior to joining Diebold, Watson held go-to-market positions in software, cloud-based services and software-as-a-service (SaaS) companies.  Watson also co-founded a SaaS analytics start-up.

Watson is a native of Skaneateles, N.Y., and currently resides in North Canton, Ohio. He received a bachelor’s degree in management information systems from Clarkson University in Potsdam, N.Y.

About Diebold Nixdorf
Diebold Nixdorf, Incorporated is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Media Relations:
Mike Jacobsen
APR
+1-330-490-3796
michael.jacobsen@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com

SOURCE: Diebold Nixdorf

###

Diebold Nixdorf ranked sixth among top 100 financial technology companies on the 2017 IDC Financial Insights FinTech Rankings

The industry’s most complete ranking features top 100 global providers of technology in financial services

NORTH CANTON, Ohio, 2017-Sep-14 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD), a world leader in enabling connected commerce, has been ranked sixth among the top 100 financial technology companies on the 2017 IDC Financial Insights FinTech Rankings—rising from the tenth position just last year. The annual IDC FinTech Rankings are based on 2016 calendar year revenue attributed to financial services. In 2016, Diebold, Incorporated and Wincor Nixdorf combined to form a new global industry leader for banking and retail services, with the expertise to handle the ‘always on’ needs of consumers.

“To be recognized as a top 10 technology provider by IDC Financial Insights reflects the impact our employees have made since day one of our business combination,” said Andy W. Mattes, president and chief executive officer, Diebold Nixdorf. “We will continue to push innovation forward and affirm our commitment to deliver the future of consumer transactions for our customers through unparalleled solutions and services.”

With more than 14,000 service members and 1,700 software professionals around the world, Diebold Nixdorf is uniquely positioned to deliver best-in-class technology, software and services to financial institutions and retailers across the globe. Over the last year, the company has continued to lead the industry and drive connected commerce through innovations such as:

  • Next Generation Mobile ApplicationsAs a recognized leader in mobile-based cardless ATM transactions, the company announced in May a next-generation mobile application suite, DN Mobile, which offers white-label solutions for financial institutions and retailers that enable a unified and highly personalized experience.
  • Industry-leading Software: According to RBR’s ATM Software 2016 report, Diebold Nixdorf is the global leader in ATM application software deployments, with a 29% market share.[1]
  • Innovative Technologies: Nearly one third of all ATMs around the globe are Diebold Nixdorf terminals.[2]With a continuing focus on innovation, the recently announced Essence Concept challenges traditional ATM design through software-driven interactions to deliver personalized and secure experiences for mobile-first consumers.

About IDC Financial Insights 
IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research and events company. For more information, please visit www.idc.com/financialemail@idc-fi.com, or call 508-620-5533. Visit the IDC Financial Insights Community at http://idc-community.com/financial.

About Diebold Nixdorf 
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

[1] RBR 2016, ATM Software 2016.
[2] RBR 2016, Global ATM market and forecasts 2021.

SOURCE Diebold Nixdorf

Media Relations, Renee Murphy, +1-330-490-5825, renee.murphy@dieboldnixdorf.com; Investor Relations, Steve Virostek, +1-330-490-6319, steve.virostek@dieboldnixdorf.com

Diebold Nixdorf president and CEO Andy W. Mattes to present at the Barclays Global Financial Services Conference 2017

NORTH CANTON, Ohio, 2017-Sep-07 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD), a global leader in enabling connected commerce across the financial and retail industries, announced today that Andy W. Mattes, president and chief executive officer, will participate in the Barclays Global Financial Services Conference 2017 in New York City. Mattes will discuss the company’s “Connected Commerce” strategy as well as the company’s transformational DN2020 program.  He will also be available to meet with institutional investors.

Mattes’ remarks will begin at 2:45 p.m. ET on Monday, Sept. 11, 2017. A live audio webcast of the event can be accessed on Diebold Nixdorf’s investor relations website, http://investors.dieboldnixdorf.com/. A replay of the broadcast will also be available on this site.

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD), is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

SOURCE Diebold Nixdorf

Media Relations, Mike Jacobsen, APR, +1-330-490-3796, michael.jacobsen@dieboldnixdorf.com; Investor Relations, Steve Virostek, +1-330-490-6319, steve.virostek@dieboldnixdorf.com

Diebold Nixdorf launches its fully integrated brand and direct presence in the U.K. and Ireland

Company agrees to sell legacy Diebold U.K. and Ireland business to Cennox, meeting regulatory conditions and concluding final antitrust element of Diebold Nixdorf combination

LONDON, 2017-Jul-04 — /EPR Retail News/ — Diebold Nixdorf, Incorporated (NYSE:DBD), a world leader in enabling connected commerce for millions of consumers across the financial and retail industries, today (June 29, 2017) announced it is launching its fully integrated brand and direct presence in the U.K. and Ireland.

The company has agreed to sell its legacy Diebold business in the United Kingdom to Cennox Group, fulfilling the requirements previously set forth by the U.K. Competition and Markets Authority (CMA). The acquisition by Cennox is expected to close June 30. Upon closing, the legacy, independent Wincor Nixdorf U.K. and Ireland business will be completely integrated into the global Diebold Nixdorf operations and brand. This includes the company’s retail business, which was not subject to CMA review.

“Our team in the U.K. and Ireland, totaling 900 people strong, looks forward to broadening relationships and providing innovation for our customers — enabling an ‘always on’ experience for consumers and shaping the future of connected commerce,” said Andy W. Mattes, president and chief executive officer, Diebold Nixdorf. “We are very pleased to put this final antitrust requirement of our business combination behind us — and excited to fully move forward in the U.K. and Ireland as Diebold Nixdorf.”

Based in Surrey, U.K., Cennox is a global provider of banking services and the U.K.’s largest independent ATM service business. Cennox provides various self-service-related solutions and support services, patented security products and branch transformation capabilities, primarily to the financial industry but also retail and commercial industries. Under the sale agreement, all staff from the legacy Diebold operation serving U.K. customers, totaling 67 employees, will become part of Cennox. The acquisition will allow Cennox to exclusively sell legacy Diebold hardware, services and Phoenix software in the U.K. and Ireland. Financial terms were not disclosed.

Earlier this year, the CMA published its official findings in connection with the business combination of Diebold, Incorporated and Wincor Nixdorf AG, and concluded that a structural remedy was required to ensure effective competition in the U.K. Diebold and Wincor Nixdorf brands and operations had remained separate and distinct while awaiting CMA review.

About Cennox
Cennox is an industry leader, offering a wide range of solutions to the world’s leading banks, retail and commercial institutions. Cennox deliver the best-in-class solutions that give a distinct competitive advantage in the marketplace. Globally recognised, Cennox is an industry pioneer with operations on six continents and central offices in the United Kingdom and United States, employing over 600 staff.

Cennox has been ranked in the Sunday Times FAST TRACK 200, detailing the top 200 fastest growing UK Businesses for International sales for 2 years running.  In addition, for the past two years, Cennox has also been ranked in the top 100 of fastest Growing UK Businesses on the FAST TRACK 100 list sponsored by Virgin.

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE:DBD) is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Media Relation:
U.S.:
Mike Jacobsen
APR
+1-330-490-3796
michael.jacobsen@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com;

Germany:
Andreas Bruck
+49 151 1512 3018
andreas.bruck@dieboldnixdorf.com

SOURCE: Diebold Nixdorf

Diebold Nixdorf announces 1Q 2017 financial results

NORTH CANTON, Ohio, 2017-May-06 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD), today (May 4, 2017) reported its 2017 first quarter financial results. A complete, full-text press release, along with other earnings release documents, are accessible by visiting the Investor Relations section of Diebold Nixdorf’s website, located at the following link:  http://www.dieboldnixdorf.com/earnings 

As previously announced, Andy W. Mattes, Diebold Nixdorf president and chief executive officer, and Christopher A. Chapman, senior vice president and chief financial officer, will discuss the company’s financial performance during a conference call today at 8:30 a.m. (ET). Both the presentation and access to the call are available at http://www.dieboldnixdorf.com/earnings. A replay of the call will also be made available on the Investor Relations section of Diebold Nixdorf’s website for three months following the call.

(Note: If clicking on the above links does not open up a new web page, you may need to cut and paste the above URL into your browser’s address bar.)

About Diebold Nixdorf

Diebold Nixdorf, Incorporated (NYSE: DBD), is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

SOURCE: Diebold Nixdorf

Contacts

Media Relations:
Mike Jacobsen
+1-330-490-3796
michael.jacobsen@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com

Diebold Nixdorf to release 2017 Q1 financial results on Thursday, May 4

NORTH CANTON, Ohio, 2017-Apr-21 — /EPR Retail News/ — Diebold Nixdorf (NYSE: DBD) will release 2017 first quarter financial results Thursday, May 4 before trading begins on the New York Stock Exchange.  Andy W. Mattes, president and chief executive officer, and Christopher A. Chapman, senior vice president and chief financial officer, will discuss the results during a conference call scheduled to begin at 8:30 a.m. ET. As previously disclosed, the company will be changing its primary reporting segments from four geographic regions to three lines of business – services, systems and software.

Information about Diebold Nixdorf’s financial results, including a complete, full-text press release, supplementary financial data and an earnings overview presentation, will be accessible by visiting the Investor Relations section of Diebold Nixdorf’s website located at http://www.dieboldnixdorf.com/earnings on May 4.  Live access to the conference call, as well as the replay, will also be available on this website. The conference call will last approximately one hour. Participants should plan to dial in 10 minutes prior to the session.  Details on the call are as follows:

 

Dial-in number Passcode Time/Date
Conference Call US/Canada:   877-856-1968 4883534 8:30 a.m. ET, May 4, 2017
International:  719-325-4853

 

About Diebold Nixdorf

Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

SOURCE Diebold Nixdorf

Media Relations – Mike Jacobsen, +1-330-490-3796, michael.jacobsen@dieboldnixdorf.com | Investor Relations – Steve Virostek, +1-330-490-6319, steve.virostek@dieboldnixdorf.com

Diebold Nixdorf to present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco

NORTH CANTON, Ohio, 2017-Feb-23 — /EPR Retail News/ — Diebold Nixdorf (NYSE:DBD) announced today (Feb. 22, 2017) that Andy W. Mattes, chief executive officer, will participate in the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on Wed., March 1, 2017 at 12:20 p.m. PT (3:20 p.m. ET).  Mattes will discuss company’s “Connected Commerce” strategy, its multi-year business integration roadmap, and corresponding financial targets.  He will also be available to meet with institutional investors.

A live audio webcast of the event can be accessed on Diebold Nixdorf’s investor relations website, http://investors.dieboldnixdorf.com/. A replay of the broadcast will also be available on this site.

About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Media Relations:
Mike Jacobsen
APR
+1 330 490 3796
michael.jacobsen@diebold.com

Investor Relations:
Steve Virostek
+1 330 490 6319
steve.virostek@diebold.com

SOURCE: Diebold Nixdorf

Diebold Nixdorf appoints Dr. Juergen Wunram as COO; Eckard Heidloff steps down as president

NORTH CANTON, Ohio and PADERBORN, Germany, 2017-Feb-17 — /EPR Retail News/ — Following the registration of the domination and profit and loss transfer agreement (DPLTA) announced Feb. 14, Diebold Nixdorf, Incorporated (NYSE: DBD) today (Feb. 16, 2017) announced two key, global leadership changes. Dr. Juergen Wunram, senior vice president and chief integration officer, has been appointed chief operating officer (COO).  Wunram also will join the company’s board of directors.  In addition, Eckard Heidloff, president of Diebold Nixdorf, is resigning from the company effective March 31.

“I am excited for Juergen to take on this major leadership role.  His experience in management and process improvement will be invaluable as we shift the company’s integration into high gear,” said Andy W. Mattes, chief executive officer, Diebold Nixdorf.  “Also, I want to personally thank Eckard for being a crucial partner in making Diebold Nixdorf a reality.  His leadership was paramount in the successful transition of our new company.”

In his role, Wunram’s responsibilities will include integration, IT, security, quality, indirect procurement, the EMEA business, as well as the company’s retail business and Aevi subsidiary. He will be based in Germany.  Wunram served as the chief financial officer (CFO) and COO, and a member of the executive board for Wincor Nixdorf AG, since 2007. In 2013, he was also appointed deputy CEO for the company. Prior to joining Wincor Nixdorf, Wunram was a director at McKinsey & Company where he served as a consultant since 1992. He led McKinsey’s Hamburg office and was a member of the leadership team for the European High-Tech Sector and Operations Practice.  Wunram has a doctorate in mathematics from the University of Hamburg, Germany.

Since joining Nixdorf Computer AG in 1983, Heidloff held a series of leadership positions in both the retail and financial self-service businesses that played a key role in shaping the company’s success over the years. He was appointed CFO and COO for Wincor Nixdorf AG in 2004.  In 2007, Heidloff was named the company’s president and chief executive officer.  Heidloff has a Diplom Kaufmann in business administration from the University of Paderborn.

About Diebold Nixdorf

Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Contact:

U.S. Media Relations:
Mike Jacobsen
APR
+1-330-490-3796
michael.jacobsen@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com

Germany Media Relations:
Andreas Bruck
+49 151 1512 3018
andreas.bruck@dieboldnixdorf.com

SOURCE: Diebold Nixdorf

Diebold Nixdorf to release 2016 fourth quarter and full year financial results on February 14, 2017

NORTH CANTON, Ohio, 2017-Jan-27 — /EPR Retail News/ — Diebold Nixdorf, (NYSE:DBD) will release 2016 fourth quarter and full year financial results Tuesday, February 14 before trading begins on the New York Stock Exchange. Andy W. Mattes, chief executive officer, and Christopher A. Chapman, senior vice president and chief financial officer, will discuss the results during a conference call scheduled to begin at 8:30 a.m. ET.

Information about Diebold Nixdorf’s financial results, including a complete, full-text press release, supplementary financial data and an earnings overview presentation, will be accessible by visiting the Investor Relations section of Diebold Nixdorf’s website located at http://www.dieboldnixdorf.com/earnings on February 14. Live access to the conference call, as well as the replay, will also be available on this website. The conference call will last approximately one hour. Participants should plan to dial in 10 minutes prior to the session. Details on the call are as follows:

Dial-in number Passcode Time/Date
Conference Call US/Canada:   877-879-6203 4142152 8:30 a.m. ET, Feb 14, 2017
International:  719-325-4819

About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Visit www.DieboldNixdorf.com for more information.

Media Relations:
Mike Jacobsen
+1-330-490-3796
michael.jacobsen@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
steve.virostek@dieboldnixdorf.com

SOURCE: Diebold Nixdorf

Diebold Nixdorf to participate in the 20th Annual Credit Suisse Technology, Media & Telecom Conference, Dec. 1, Scottsdale, Arizona

NORTH CANTON, Ohio, 2016-Nov-24 — /EPR Retail News/ — Diebold Nixdorf, a global leader in driving and enabling connected commerce across the financial and retail industries, announced today (Nov. 22, 2016) that it will participate in the 20th Annual Credit Suisse Technology, Media & Telecom Conference Thursday, Dec. 1, at the Phoenician in Scottsdale, Arizona.

During the conference, Andy W. Mattes, Diebold Nixdorf chief executive officer, will discuss company strategy and industry trends at 10:30 a.m. MT.  He will also be available to meet with institutional investors. A listen-only audio webcast of the chat will be available here. The webcast will also be available for replay.

About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Media Relations:
Mike Jacobsen
APR
+1 330 490 3796
michael.jacobsen@diebold.com

Investor Relations:
Steve Virostek
+1 330 490 6319
steve.virostek@diebold.com

SOURCE: Diebold Nixdorf

Diebold Nixdorf announces its 3Q2016 financial results

NORTH CANTON, Ohio, 2016-Nov-17 — /EPR Retail News/ — Diebold Nixdorf today (Nov. 15, 2016) reported its 2016 third quarter financial results. A complete, full-text press release, along with other earnings release documents, are accessible by visiting the Investor Relations section of Diebold’s website, located at the following link:

http://www.diebold.com/earnings

As previously announced, Andy W. Mattes, Diebold Nixdorf chief executive officer, and Christopher A. Chapman, senior vice president and chief financial officer, will discuss the company’s financial performance during a conference call today at 8:30 a.m. (ET). Both the presentation and access to the call are available at http://www.diebold.com/earnings. A replay of the call will also be made available on the Investor Relations section of Diebold’s website for three months following the call.

(Note: If clicking on the above links does not open up a new web page, you may need to cut and paste the above URL into your browser’s address bar.)

About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn, Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Media Relations:
Mike Jacobsen
APR
+1 330 490 3796
michael.jacobsen@diebold.com

Investor Relations:
Steve Virostek
+1 330 490 6319
steve.virostek@diebold.com

SOURCE: Diebold Nixdorf

Diebold to release 2016 3Q financial results on November 15

NORTH CANTON, Ohio, 2016-Oct-23 — /EPR Retail News/ — Diebold (NYSE:DBD) will release 2016 third quarter financial results Tuesday, November 15 before trading begins on the New York Stock Exchange.  Andy W. Mattes, chief executive officer, and Christopher A. Chapman, senior vice president and chief financial officer, will discuss the results during a conference call scheduled to begin at 8:30 a.m. ET.

Information about Diebold’s financial results, including a complete, full-text press release, supplementary financial data and an earnings overview presentation, will be accessible by visiting the Investor Relations section of Diebold’s website located at http://www.dieboldnixdorf.com/earnings on November 15.  Live access to the conference call, as well as the replay, will also be available on this website. The conference call will last approximately one hour. Participants should plan to dial in 10 minutes prior to the session.  Details on the call are as follows:

Dial-in number Passcode Time/Date
Conference Call US/Canada: 888-401-4668 4834789 8:30 a.m. ET, Nov 15, 2016
International: 719-457-2647

For more information, please visit http://www.dieboldnixdorf.com/en-us/dieboldwincor.

Media Relations:
Mike Jacobsen
APR
+1 330 490 3796
michael.jacobsen@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1-330-490-6319
stephen.virostek@dieboldnixdorf.com

SOURCE: Diebold

Diebold Nixdorf announces management appointments

NORTH CANTON, Ohio and PADERBORN, Germany, 2016-Oct-07 — /EPR Retail News/ — Diebold Nixdorf today (Oct. 6, 2016) named two seasoned technology professionals to lead the company’s forward-looking efforts in researching and developing innovative software and solutions for the next generation.

Ashvin Mathew has joined Diebold Nixdorf as vice president and chief technology officer, Software. He will be responsible for leading the company’s strategic development of cloud-based solutions and software-as-a-service (SAAS) offerings. Mathew, 48, comes to the company from Microsoft Corp., where he spent most of his 20-plus year career in cloud and enterprise-level software development.  Most recently, Mathew served as a general manager in the Microsoft Business Solutions / Dynamics product group within the Microsoft Cloud and Enterprise division.

To lead next-generation development for solutions, Diebold Nixdorf has named Reinhard Rabenstein to serve as senior vice president and chief technology officer, Solutions. He will be responsible for integrating and consolidating the company’s technology roadmap.  Rabenstein, 62, has worked with Wincor Nixdorf and its predecessor companies for more than 30 years, primarily in retail banking, most recently serving as chief technology officer for Wincor Nixdorf.  Rabenstein also currently serves as managing director of AEVI, a payments technology subsidiary of Diebold Nixdorf.

“Our ability to attract someone of Ashvin’s caliber to our company illustrates that Diebold Nixdorf, as one of the world’s 75 largest software companies[1], is a serious player in the financial and retail software arena,” said Andy W. Mattes, chief executive officer, Diebold Nixdorf. “His experience will help us to shape the future of connected commerce and keep our customers in front of emerging trends.

“Reinhard’s vast knowledge and experience in a large variety of retail banking applications make him a trusted source and opinion leader in the financial industry, and an ideal person to lead our efforts to seek out ‘what’s next’ on the solutions front,” Mattes continued. “Combining Ashvin and Reinhard’s diverse experience will help us leverage our increased global scale and knowledge to more effectively drive innovation in both the financial and retail industries.”

Both Mathew and Rabenstein will report to Mattes and their respective line of business leaders for software and systems.

About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers,Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn,Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Contact:

Michael Jacobsen, APR
Media Relations
Email: michael.jacobsen@dieboldnixdorf.com
Phone: +1 330.490.3796

Andreas Bruck
Media Relations – Germany
Email: andreas.bruck@dieboldnixdorf.com
Phone: +49151 1512 3018

Steve Virostek
Investor Relations
Email: stephen.virostek@dieboldnixdorf.com
Phone: 330-490-6319

Source: Diebold Nixdorf

Diebold Nixdorf launches crowdstorming program to help create new consumer services for financial institutions

NORTH CANTON, Ohio and PADERBORN, Germany, 2016-Sep-28 — /EPR Retail News/ — Diebold Nixdorf has launched an innovative crowd storming program to help create radically new consumer services for financial institutions that want to shift the paradigm in an increasingly digital environment and reshape how they might interact with customers 10 years from now and beyond.

The online brainstorming initiative, called “Rethinking services and consumer touchpoints in the financial industry,” will tap into the global pool of more than 80,000 creative professionals organized on the jovoto online crowd storming platform.

With this groundbreaking initiative, Diebold Nixdorf welcomes unique, original ideas from groups outside the industry, in an unrivaled effort to help banks create innovative ways to bridge the gap between the digital and physical worlds and to engage seamlessly with their customers leveraging new and emerging technologies.

Jovoto is a community-building, collaborative model that establishes a virtual link between skilled, entrepreneurial-minded professionals and enterprises from nearly all sectors seeking leading-edge solutions.

“At Diebold Nixdorf, we wake up every day thinking about innovation and developing new solutions for our customers.  In the spirit of collaborative innovation, we welcome ideas from inside and outside Diebold Nixdorf and invite creative thinkers around the world to share visions for the future of this industry,” said Andy W. Mattes, chief executive officer, Diebold Nixdorf. “Together with the jovoto community, we are seeking groundbreaking concepts that rethink consumer touchpoints at a time when basic financial transactions are becoming increasingly commoditized and technologies like virtual reality will become commonplace.  This approach gives us the opportunity to strengthen our pursuit of the most groundbreaking financial services for consumers.”

Diebold Nixdorf is asking the creatives to “think outside the box” and conceive new-age financial services that redefine the interaction between customers and financial institutions and go beyond the classical ones being offered today. Such services are becoming essential, as digital applications are decreasing personal touch points and new, non-traditional companies are entering the financial industry virtually every day competing for banking customers.

An international jury, consisting of experts from Capital One, BBVA and Commonwealth Bank of Australiaas well as a number of fintech companies such as FinTechCity, finovent and Gruenderszene will select the top ideas. In addition to money awards, selected contestants will have the opportunity to present their ideas to the company. The winning ideas of the first phase of the contest will be announced at a webinar on November 15, which will also provide additional information about each applicant.

For more information in Diebold Nixdorf’s crowdstorming initiative, please visit https://www.jovoto.com/projects/rethink-financial-service/landing

About Diebold Nixdorf
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers,Diebold Nixdorf delivers unparalleled services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape.

Diebold Nixdorf has a presence in more than 130 countries with approximately 25,000 employees worldwide. The organization maintains corporate offices in North Canton, Ohio, USA and Paderborn,Germany. Shares are traded on the New York and Frankfurt Stock Exchanges under the symbol ‘DBD’. Visit www.DieboldNixdorf.com for more information.

Germany Media Relations:
Ulrich Nolte
+49 5251 693 5211
ulrich.nolte@dieboldnixdorf.com

U.S. Media Relations:
Renee Murphy
+1 330 490 5825
renee.murphy@dieboldnixdorf.com

Investor Relations:
Steve Virostek
+1 330 490 6319
stephen.virostek@dieboldnixdorf.com

SOURCE: Diebold Nixdorf

Diebold to provide ATMs And Kiosks to Chinese market in partnership with leading IT company in China

Inspur will also acquire minority stake in Diebold’s services-focused joint venture in China

NORTH CANTON, Ohio, 2015-12-21 — /EPR Retail News/ — Diebold, Incorporated (NYSE: DBD) today announced it is forming a new joint venture with a subsidiary of the Inspur Group, a Chinese cloud computing and data center company, to develop, manufacture and distribute financial self-service solutions in China.  Inspur will hold a majority stake of 51 percent in the new joint venture, which will be named Inspur Financial Information Systems, Ltd.  The joint venture will offer a complete range of self-service terminals within the Chinese market, including automated teller machines (ATMs). Also, Diebold will serve as the exclusive distributor outside of China for all products developed by the new joint venture, which will be sold under the Diebold brand.

In addition, to support Diebold’s services-led approach to the market, Inspur will acquire a minority share of Diebold’s current China joint venture.  Moving forward, this business will be focused on providing a whole suite of services including installation, maintenance, professional and managed services related to ATMs and other automated transaction solutions.

Inspur Group is an $8 billion Chinese multinational information technology provider headquartered in Jinan, Shandong, China, with more than 70 years in business.  The company specializes in IT hardware and software, and is a leading self-service kiosk manufacturer for major financial institutions in China.  Inspur’s clients and business partners also include LG, IBM, Cisco, Microsoft, VMware and Micron.

“Partnering with Inspur enhances our competitive position and deepens the relationship with our customers in China,” said Andy W. Mattes, Diebold president and chief executive officer.  “Inspur’s strong reputation as a leading China IT company with a global footprint allows our new joint venture to bring more innovative solutions to China’s financial institutions and strengthens Diebold’s go-to-market strategy in this important market.  We look forward to re-igniting growth in China and are excited to work with Inspur to sell a complete suite of self-service products and related services.”

“We are very happy to enter into this venture with Diebold, a well-respected global leader in financial self-service solutions, to continue growing our own presence in this market inChina,” said SUN Pishu, president and CEO of Inspur Group.  “Inspur is one of the fastest-growing self-service technology providers in China.  Combining both company’s technology, sales expertise and existing presence in China will be of great value, both to our clients and our respective businesses.”

Upon closing the agreement, Diebold will appoint a chairman of the new joint venture, while Inspur will appoint a chief executive officer for the business to lead day-to-day operations. The agreement is anticipated to be finalized in mid-2016, pending regulatory and other approvals, with plans to begin manufacturing and distribution activity immediately after regulatory approvals.

About Diebold 
Diebold, Incorporated (NYSE: DBD) provides the technology, software and services that connect people around the world with their money – bridging the physical and digital worlds of cash conveniently, securely and efficiently.  Since its founding in 1859, Diebold has evolved to become a leading provider of exceptional self-service innovation, security and services to financial, commercial, retail and other markets.

Diebold has approximately 16,000 employees worldwide and is headquartered nearCanton, Ohio, USA. Visit Diebold at www.diebold.com or on Twitter:http://twitter.com/DieboldInc.

Forward-looking statements 
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include those concerning the anticipated benefits of the joint venture with Inspur and growth in theChina market.  Statements can generally be identified as forward-looking because they include words such as “will,” “believes,” “anticipates,” “expects,” “could,” “should” or words of similar meaning. Statements that describe the company’s future plans, objectives or goals are also forward-looking statements. Forward-looking statements are subject to assumptions, risks and uncertainties that may cause actual results to differ materially from those contemplated by such forward-looking statements. The factors that may affect the company’s results include, among others: the company’s ability to commence the joint venture with Inspur, including the timing and requirements of governmental and regulatory approvals, including Chinese foreign investment and anti-trust review; the success of the company’s joint venture with Inspur; the success of the company’s current joint venture as a complimentary service organization; the success of the proposed branding strategies; the impact of market and economic conditions on the financial services industry generally and in China specifically; the regulatory environment for the financial services industry generally and in China specifically; the capacity of the company’s technology to keep pace with a rapidly evolving marketplace globally and specifically in China; pricing and other actions by competitors; the impact of the company’s strategic initiatives; and other factors included in the company’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2014 and in other documents that the company files with the SEC. You should consider these factors carefully in evaluating forward-looking statements and are cautioned not to place undue reliance on such statements. The company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.

SOURCE Diebold, Incorporated

Media Relations, Mike Jacobsen, APR, +1-330-490-3796, michael.jacobsen@diebold.com, Investor Relations, Steve Virostek, +1-330-490-6319, stephen.virostek@diebold.com

Diebold to launch voluntary public tender offer for all of Wincor Nixdorf’s outstanding shares

  • Companies have entered into a business combination agreement in which Diebold will launch a voluntary public tender offer for all of Wincor Nixdorf’s outstanding shares
  • Brings together leading global innovators in banking and retail technologies in rapidly transforming industries
  • Combined company will deliver fully integrated and transformative solutions in value-added services, branch automation and omnichannel experiences
  • Both companies share a common strategic focus on growing services and software, and have highly complementary offerings, geographic presence and customer bases
  • Diebold will offer Wincor Nixdorf shareholders €38.98 in cash plus 0.434 Diebold common shares per Wincor Nixdorf share (1)
  • Transaction values Wincor Nixdorf, including net debt, at approximately $1.8 billion, or €1.7 billion (2)
  • Transaction expected to yield approximately $160 million of annual cost synergies, and the combined company will target non-GAAP operating margin (3) in excess of 9 percent by the end of the third full year following completion of the transaction

NORTH CANTON, Ohio and PADERBORN, Germany, 2015-11-23 — /EPR Retail News/ — Diebold, Incorporated (NYSE:DBD), a global leader in providing self-service delivery, value-added services and software primarily to the financial industry, and Wincor Nixdorf AG (FWB: WIN), a leading provider of IT solutions and services to banks and the retail industry, today announced that the companies have entered into a business combination agreement. Pursuant to the business combination agreement, Diebold will launch a voluntary public tender offer to all shareholders of Wincor Nixdorf. Under the terms of the agreement, Diebold will offer Wincor Nixdorf shareholders €38.98 in cash plus 0.434 Diebold common shares per Wincor Nixdorf share (1). This transaction values Wincor Nixdorf, including net debt, at approximately $1.8 billion, or €1.7 billion (2).

The combined company had pro forma revenue of approximately $5.2 billion, or €4.8 billion (4), for the trailing 12 months ended Sept. 30, 2015, excluding revenue attributable to Diebold’s North America electronic security business, which it recently agreed to divest. Following completion of the offer and subject to certain approvals, the combined company will be named Diebold Nixdorf, with common shares publicly listed on the New York Stock Exchange and the Frankfurt Stock Exchange. The combined company will have registered offices in North Canton, Ohio, U.S. and will be operated from headquarters in North Canton and Paderborn, Germany.

The combination brings together leading innovators in value-added services, branch automation and omnichannel experiences to create an industry leader focused on the entire value chain — consult, design, build and operate — to help financial institutions and retailers succeed in their business transformation journey. The combined company will build upon the two companies’ shared vision that services and software drive the consumer experience and enable customers to differentiate themselves in an evolving industry. The combined company will pursue a growing total addressable market of approximately $60 billion, according to independent market estimates and Diebold internal analysis.

Combined Company to Deliver More Services and Innovation to the Market

“The rate of change we see in our industry is unprecedented, and by leveraging innovative solutions and talent from both organizations we will have the scale, strength and flexibility to help our customers through their own business transformation,” said Andy W. Mattes, Diebold president and chief executive officer (CEO). “Our new company will be well positioned for growth in high-value services and software — particularly in the areas of managed services, branch automation, mobile and omnichannel solutions — across a broader customer base. This combination was made possible through the successes we have had and continue to create in the Diebold 2.0 transformation plan. We have a history of collaboration with Wincor Nixdorf, and our shared approach will help drive a successful integration and minimize disruption. I am very excited about the many opportunities we will create together.”

“The combination of Diebold and Wincor Nixdorf is an exciting opportunity for both companies to shape the future of banking and retail solutions. Together, we can even better leverage the potential of a rapidly changing banking and retail market due to our strong combined R&D expertise. With our complementary geographic presence, we will be even closer to customers worldwide. Our common view of omnichannel software solutions will enable us to create a best-in-class customer experience to support banks and retailers to cope with challenges of digitalization,” said Eckard Heidloff, CEO, Wincor Nixdorf. “Furthermore, we are convinced that our employees will benefit from being part of an even stronger, more global organization that is well positioned for the age of digitalization.”

Highly Complementary Geographies, Customers and Solutions

The two companies share a complementary geographic reach across the Americas, EMEA and within Asia, along with strong, trusted brands backed by best-in-breed engineering. Diebold is a leading player in the Americas, whereas Wincor Nixdorf is a leading player in Europe. These two regions are also key drivers for innovation and digital transformation — both in banking and retail.
The combined company’s collective capabilities and established global market presence will offer a broader range of services and solutions across its customer base. Growth in both the software and services segments is expected to be accelerated by the combined, expanded installed base of nearly one million automated teller machines (ATMs) worldwide to the benefit of the customers. The combined company’s strong service presence will also benefit Wincor Nixdorf’s retail business.

Agreement Approved by Boards of Both Companies

Under the terms of the business combination agreement, which has been approved by Diebold’s board of directors and Wincor Nixdorf’s supervisory board, Diebold will launch a voluntary public tender offer for all outstanding shares of Wincor Nixdorf. The offer consideration will consist of €38.98 in cash plus 0.434 Diebold shares per Wincor Nixdorf share.

Based on the volume-weighted average share price of Diebold shares over the last five trading days prior to Oct. 17, 2015, the day on which the companies confirmed entry into a non-binding term sheet for a proposed business combination, the total offer consideration represented an implied value of €52.50 per Wincor Nixdorf share. This implied value represents a premium of approximately 35 percent over Wincor Nixdorf’s closing share price as of Oct. 16, 2015, and a premium of approximately 42 percent over the volume-weighted average price per share over the last three months preceding that date. The corresponding enterprise value including net debt amounts to approximately $1.8 billion, or €1.7 billion, under these terms.

Under the business combination agreement, the existing transformation program at Wincor Nixdorf will be supported by Diebold and will proceed as planned. The parties have agreed that there will be no material workforce reductions in Germany beyond this existing program as a result of the transaction. Furthermore, all labor-related laws and regulations will be respected and co-determination on the German supervisory board level shall remain unchanged.

Following the completion of the transaction, the combined company plans to deliver approximately $160 million of annual cost synergies and will target a non-GAAP operating margin in excess of 9 percent by the end of the third full year. In addition, the transaction is expected to be accretive to non-GAAP earnings per share (5) in the second year, excluding integration costs.

The terms of the voluntary public tender offer were subject to thorough analysis by Wincor Nixdorf’s supervisory board and management board as required by their fiduciary duties. The management board and supervisory board of Wincor Nixdorf consider the offer consideration proposed by Diebold fair for shareholders and the overall agreement in the best interest of Wincor Nixdorf, its shareholders, employees and other stakeholders and therefore intend to recommend the offer.

Equal Representation on the Executive Committee

Diebold’s Mattes, 54, will be CEO of the combined company. Wincor Nixdorf’s Heidloff, 59, will be president. Christopher C. Chapman, 41, the current Diebold chief financial officer (CFO), will serve as CFO of the combined company, and Jürgen Wunram, 57, Wincor Nixdorf CFO, will serve as chief integration officer and will represent the retail business in the executive committee. In total, the combined company’s executive committee of eight will be equally represented by business leaders from both Diebold and Wincor Nixdorf, including the four executives mentioned above.

Following the closing it is anticipated that along with the existing Diebold board members, three new directors will join the board of the combined company: Dr. Alexander Dibelius, chairman of the supervisory board of Wincor Nixdorf, Dr. Dieter Düsedau, member of the supervisory board of Wincor Nixdorf, and Eckard Heidloff. Also, to facilitate the integration, it is intended that three Diebold executives will join the supervisory board of Wincor Nixdorf upon closing.

Transaction Structure

The transaction will be implemented through a voluntary public tender offer for all outstanding shares of Wincor Nixdorf. Diebold expects the offer to commence during the first quarter of 2016 after filing of Diebold’s registration statement on Form S-4 with the U.S. Securities and Exchange Commission and approval of the offer document by the German Federal Financial Supervisory Authority (Bundesanstalt fuer Finanzdienstleistungsaufsicht / BaFin). The offer is subject to certain closing conditions, including regulatory approvals and a minimum acceptance threshold of c. 67.6 percent of all existing Wincor Nixdorf ordinary shares (this corresponds, after deduction of treasury shares held by Wincor Nixdorf which will not be tendered, to c. 75 percent of all current voting stock (outstanding shares)).

Given that the mixed consideration consisting of cash and stock is offered by a US corporation, Diebold, Inc. does not expect that German withholding tax will apply to Wincor Nixdorf shareholders who are not tax-resident in Germany (unless the Wincor Nixdorf shares are held as part of business assets in Germany). For Wincor Nixdorf shareholders tax resident in Germany, the tax treatment of the voluntary public tender offer will follow generally applicable German tax principles, which may include German taxation of the cash component of the consideration as a dividend for certain shareholders tax-resident in Germany. A general summary of material tax consequences related to the participation in the voluntary public tender offer will be published as part of the offer documentation. For an individual analysis of their personal tax situation in connection with the acceptance of the voluntary public takeover offer, Wincor Nixdorf shareholders are advised to consult their tax advisors.

Upon successful completion of the offer and regulatory approvals, Diebold will consolidate the financial results of Wincor Nixdorf, and Diebold’s earnings will reflect its proportionate share of Wincor Nixdorf’s earnings.

Financing the Transaction
Diebold has committed financing in place. In addition to cash on hand, Diebold expects to raise approximately $2.8 billion to fund the transaction, refinance existing debt of both companies and provide liquidity. This permanent financing is expected to be comprised of a $0.5 billion senior secured revolver and $2.3 billion of senior secured term loans and unsecured notes.

Following the transaction close, the pro forma balance sheet is expected to have net debt/EBITDA of approximately 4x (6). The combined company intends to shift its capital allocation plans to focus on deleveraging the balance sheet to be consistently below 3x net debt/EBITDA by the end of year three. Commensurate with this approach and after the transaction closes, the combined company intends to pay a dividend per share at a rate of approximately one-third of Diebold’s current annual cash dividend per share, subject to market and other conditions. Moving forward, paying a dividend remains a part of the combined company’s philosophy of returning value to shareholders.

Credit Suisse and J.P. Morgan acted as financial advisers to Diebold, along with Sullivan & Cromwell LLP, who served as legal adviser. J.P. Morgan and Credit Suisse are also providing committed financing for the transaction. Goldman Sachs acted as financial adviser to Wincor Nixdorf, along with Freshfields Bruckhaus Deringer LLP, who served as legal adviser.

Details for Joint Press Call

The companies will jointly present their plans for the business combination on a media call taking place today at 10:00 a.m. CET (4:00 a.m. EST). The media call will take place in German. Participants should ask to join the “Diebold and Wincor Nixdorf Media Call”. Details on the call are as follows:

Germany Toll free: 0800 673 7932
US/CAN Toll free: 1 866 966 5335
UK Toll free: 0808 109 0700
Int’l Toll: +44 (0) 20 3003 2666

Diebold Analyst Call Details

Diebold will hold an analyst conference call to present this business combination during a webcast and conference call today at 8:00 a.m. EST (2:00 p.m. CET). Both the presentation and access to the call are available via Diebold’s website at http://www.diebold.com/DieboldWincor. A replay of the call will also be available on this website. The conference call will last approximately one hour. Participants should plan to dial in 10 minutes prior to the session. Details on the call are as follows:
US/CAN Toll free: 1 877 545 1403
Int’l Toll: +1 719 325 4893
Conference ID:6742172

Wincor Nixdorf Analyst Call Details

Wincor Nixdorf will hold an analyst conference call to present this business combination today at 11:30 a.m. EST (5:30 p.m. CET). The dial-in number is as follows:

Int’l Toll: +49-(0) 69-271340171

Diebold Contacts

Media Relations
Mike Jacobsen, APR
+1 330 490 3796
michael.jacobsen@diebold.com

Felix Morlock, Brunswick Group (Germany)
+49 69 2400 5510
fmorlock@brunswickgroup.com

Cindy Leggett-Flynn, Brunswick Group (U.S.)
+1 212 333 3810
clf@brunswickgroup.comInvestor Relations
Steve Virostek
+1 330 490 6319
stephen.virostek@diebold.com

Wincor Nixdorf Contacts

Media Relations
Andreas Bruck
+49 5251 693 5200
andreas.bruck@wincor-nixdorf.comInvestor Relations
Dr. Sabine Brummel
+49 5251 693 5050
sabine.brummel@wincor-nixdorf.com

About Diebold

Diebold, Incorporated (NYSE: DBD) provides the technology, software and services that connect people around the world with their money – bridging the physical and digital worlds of cash conveniently, securely and efficiently. Since its founding in 1859, Diebold has evolved to become a leading provider of exceptional self-service innovation, security and services to financial, commercial, retail and other markets.

Diebold has approximately 16,000 employees worldwide and is headquartered near Canton, Ohio, USA. Visit Diebold at www.diebold.com or on Twitter: http://twitter.com/DieboldInc.

About Wincor Nixdorf
Wincor Nixdorf is one of the world’s leading providers of IT solutions and services to retail banks and the retail industry. The main focus of the group’s comprehensive portfolio lies on business process optimization, especially in the branch operations of both sectors. Wincor Nixdorf has established a presence in around 130 countries around the globe, giving it an outstanding profile when it comes to customer proximity. The parent company has subsidiaries in 42 countries. The company also places great importance on building close relationships with sales partners that have an excellent knowledge of the local requirements and conditions on the customer side. Wincor Nixdorf has a total workforce of around 9,000 people. Over half of those are based outside Germany.

NOTES
(1) Calculated using fixed exchange ratio and five-day volume weighted average price of Diebold shares prior to Oct. 17, 2015 announcement that both companies had signed a non-binding term sheet regarding a potential business combination. Diebold’s five-day volume weighted average price was converted to euros using an exchange rate of 1.07 U.S. dollars to the euro. Shareholders of Wincor Nixdorf are advised to consult their tax advisors regarding the tax consequences in connection with the acceptance of the voluntary public tender offer.
(2) The exchange rate used to calculate total consideration and transaction value was 1.07 U.S. dollars to the euro.
(3) Non-GAAP operating margin is the percentage of GAAP operating profit margin adjusted for restructuring and non-routine items.
(4) Diebold prepares its financial statements in accordance with US GAAP while Wincor Nixdorf prepares its financial statements in accordance with IFRS. Revenues are derived from the combined revenues of both companies for the trailing 12 months, before making adjustments to convert Wincor Nixdorf’s financial results from IFRS to US GAAP. Wincor Nixdorf revenue has been converted at an exchange rate of 1.09 U.S. dollars to the euro.
(5) Non-GAAP earnings per share is GAAP earnings adjusted for restructuring and non-routine items compared to the combined company’s outstanding shares.
(6) Net debt/EBITDA is defined as long-term debt plus short-term debt minus cash and cash equivalents divided by earnings before interest, taxes, depreciation and amortization adjusted for restructuring and other non-recurring items for the trailing 12 months. This ratio assumes that the North American Electronic Security business has been divested.

IMPORTANT INFORMATION FOR INVESTORS AND SHAREHOLDERS
In connection with the proposed business combination transaction, Diebold intends to file a Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (“SEC”) that will include a prospectus of Diebold to be used in connection with the offer by Diebold to acquire all outstanding Wincor Nixdorf shares. When available, Diebold will disseminate the prospectus to Wincor Nixdorf shareholders in connection with Diebold’s offer to acquire all of the outstanding shares of Wincor Nixdorf. Diebold also intends to file an offer document with the German Federal Financial Supervisory Authority (Bundesanstalt fuer Finanzdienstleistungsaufsicht) (“BaFin”).

INVESTORS AND SHAREHOLDERS ARE URGED TO READ THE PROSPECTUS AND THE OFFER DOCUMENT, AS WELL AS OTHER DOCUMENTS THAT WILL BE FILED WITH THE SEC OR BAFIN OR PUBLISHED AT DIEBOLD’S WEBSITE AT WWW.DIEBOLD.COM UNDER THE INVESTOR RELATIONS SECTION, REGARDING THE PROPOSED BUSINESS COMBINATION TRANSACTION AND THE OFFER BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION.

You will be able to obtain a free copy of the prospectus and other related documents filed by Diebold with the SEC on the SEC’s website at www.sec.gov. The prospectus and other documents relating thereto may also be obtained for free by accessing Diebold’s website at www.diebold.com under the Investor Relations section. Following approval by BaFin, you may obtain a free copy of the offer document on BaFin’s website at www.bafin.de, and, along with an English translation thereof, at Diebold’s website at www.diebold.com under the Investor Relations section. Further you may obtain a copy of the offer document from Deutsche Bank Aktiengesellschaft, Taunusanlage 12, 60325 Frankfurt am Main, Germany, for distribution free of charge (also available from Deutsche Bank Aktiengesellschaft via e-mail to dct.tender offers@db.com or by telefax to +49 69 910 38794). In addition an English language press release and its German language translation will be published via an electronically operated information distribution system in the United States.
This document is neither an offer to purchase nor a solicitation of an offer to sell shares of Wincor Nixdorf or Diebold. Final terms and further provisions regarding the public offer will be disclosed in the offer document after the publication has been approved by BaFin and in documents that will be filed with the SEC. Investors and holders of Wincor Nixdorf shares, or of such instruments conferring a right to directly or indirectly acquire Wincor Nixdorf shares, are strongly encouraged to read the offer document and all documents in connection with the public offer as soon as they are published because these documents will contain important information.
No offering of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended, and applicable European regulations, including the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz) and the German Securities Prospectus Act (Wertpapierprospektgesetz). Subject to certain exceptions to be approved by the relevant regulators or certain facts to be ascertained, the public offer would not be made directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a national securities exchange, of any such jurisdiction.

CAUTIONARY STATEMENT ABOUT FORWARD LOOKING STATEMENTS
Certain statements contained in this communication regarding matters that are not historical facts are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). These include statements regarding management’s intentions, plans, beliefs, expectations or forecasts for the future including, without limitation, the proposed business combination with Wincor Nixdorf and the offer. Such forward-looking statements are based on the current expectations of Diebold and involve risks and uncertainties; consequently, actual results may differ materially from those expressed or implied in the statements. Such forward-looking statements may include statements about the business combination and the offer, the likelihood that such transaction is consummated and the effects of any transaction on the businesses and financial conditions of Diebold or Wincor Nixdorf, including synergies, pro forma revenue, targeted operating margin, net debt to EBITDA ratios, accretion to earnings and other financial or operating measures. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance and actual results of operations, financial condition and liquidity, and the development of the industries in which Diebold and Wincor Nixdorf operate may differ materially from those made in or suggested by the forward-looking statements contained in this document. In addition, risks and uncertainties related to the contemplated business combination between Diebold and Wincor Nixdorf include, but are not limited to, the expected timing and likelihood of the completion of the contemplated business combination, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the contemplated business combination that could reduce anticipated benefits or cause the parties not to consummate, or to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement or the contemplated offer, the risk that the parties may not be willing or able to satisfy the conditions to the contemplated business combination or the contemplated offer in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the contemplated business combination, the risk that any announcements relating to the contemplated business combination could have adverse effects on the market price of Diebold’s common shares, and the risk that the contemplated transaction or the potential announcement of such transaction could have an adverse effect on the ability of Diebold to retain and hire key personnel and maintain relationships with its suppliers, and on its operating results and businesses generally. These risks, as well as other risks associated with the contemplated business combination, are more fully discussed in a prospectus that will be included in the Registration Statement on Form S-4 that will be filed with the SEC in connection with the contemplated business combination and the offer. Additional risks and uncertainties are identified and discussed in Diebold’s reports filed with the SEC and available at the SEC’s website at www.sec.gov. Any forward looking statements speak only as at the date of this document. Except as required by applicable law, neither Diebold nor Wincor Nixdorf undertakes any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise.
This communication outlines certain key German tax principles related to the participation in the voluntary public tender offer that may be or may become relevant to holders of shares of Wincor Nixdorf. The discussion of German tax considerations is of a general nature only and does not constitute a comprehensive or definitive explanation of all possible aspects of German taxation that may be relevant for shareholders of Wincor Nixdorf. Furthermore, this communication does not address non-German tax considerations that may apply to a shareholder that is a tax resident of a jurisdiction other than Germany. This press release is based upon domestic German tax laws in effect as of the date hereof. It is important to note that the legal situation may change, possibly with retroactive effect, and that no assurance can be given regarding the tax treatment of this transaction by fiscal authorities and the courts.

SOURCE: Wincor Nixdorf AG
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