Diebold Signs Multi-Year Contract Selecting Procurian to Optimize Spending Across the Organization

Technology and Services Leader Partners With Procurian to Accelerate Savings in Order to Fuel Growth


PHILADELPHIA, Sept. 11, 2012 (GLOBE NEWSWIRE) -- Leading comprehensive procurement solutions provider, Procurian, formerly ICG Commerce, today announced its contract with Diebold, Incorporated (NYSE:DBD), a global leader in providing integrated self-service delivery and security systems and services, and the largest producer of automated teller machines (ATMs) in North America. Procurian will help Diebold optimize spending in areas including human resources, information technology, capital, travel, legal, marketing, and financial services categories in North America.

"In order to maintain our competitive position, we will continue to innovate in terms of collaborating with our supply partners," said Linda Parcher, Diebold vice president and chief procurement officer. "By leveraging Procurian's built-out Specialized Procurement Infrastructure, we can accelerate our ability to manage indirect spend and capture significant savings that can help fund our strategic efforts."

Diebold is working with Procurian to establish a high-performance capability to improve control, reduce its cost structure and support business growth through more effective procurement. Procurian is focused on helping clients transform procurement into a strategic function that fuels growth through measurable savings and market insights that optimize spending. Procurian's unique offering provides its clients access to all the components necessary to optimize indirect spend and achieve the highest levels of procurement excellence, including dedicated teams of specialists with deep category expertise, real-time market intelligence, comprehensive processes and a sophisticated set of proprietary tools and technology. 

"The Diebold team sees the expanded role procurement can play in helping propel their business," said Carl Guarino, CEO of Procurian. "We're excited to help this forward-thinking market leader optimize their discretionary spend."

About Procurian, Inc.

Procurian – formerly known as ICG Commerce – is the leading specialist in comprehensive procurement solutions. Forward-thinking business leaders partner with Procurian to transform procurement and drive sustainable changes to their cost structures. Global industry leaders, including Kimberly-Clark, Hertz, Symantec, Timken and Whirlpool, have chosen Procurian to accelerate this transformation. Procurian's built-out Specialized Procurement Infrastructure™ integrates with businesses to optimize spending and deliver real savings that equal a margin point or more. Procurian is an ICG (Nasdaq:ICGE) company. For more information, visit www.procurian.com.

The Procurian, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12383

About Diebold

Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 16,000 associates with representation in nearly 90 countries worldwide and is headquartered in the Canton, Ohio, region, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.'

For more information, visit www.diebold.com



            

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