Diebold to Bundle Spacenet's High-Speed Connexstar Satellite Connectivity with its ATMs, Security Systems and Standalone Service Delivery Platforms

Spacenet adds Diebold as reseller for its Connexstar business-grade satellite broadband service

McLean, VA, February 12, 2003 - Diebold, Incorporated (NYSE:DBD) today announced it has contracted with Spacenet Inc. to become an authorized channel partner of Spacenet’s Connexstar(SM) business-grade satellite broadband service. Diebold, a global leader in self-service and delivery systems, is the first ATM manufacturer to provide this service to financial institutions.

As a result of this agreement, Diebold will begin integrating Connexstar’s always-on broadband connectivity with its automated teller machines (ATMs) and security systems for applications where economical broadband connectivity is required as part of the overall solution. Connexstar’s commercial grade, high-speed, always-on connectivity enables rapid processing of transactions yielding shorter wait times and increased customer satisfaction.

In addition, Diebold’s adoption of Spacenet’s broadband VSAT technology enables it to incorporate a variety of advanced emerging applications into their ATM and other transaction platforms. Using Connexstar’s high-speed, multicast-enabled Internet connection, devices will be able to support ticket ordering, video and multimedia content delivery, and Internet access.

Diebold Vice President, Outsourcing and Managed Services, Robert Reho said, "With Connexstar, our customers now have the option of replacing dial-up and frame-relay connections with a high-speed satellite connection that is reliable, secure and easy to deploy. We’re excited about the opportunities for product and service enhancement that Connexstar service brings to our offering."

Spacenet President and CEO Nick Supron said, "As a preeminent provider of ATM networks and security systems, Diebold is in a unique position to reach a large number of high-growth enterprises worldwide. In addition to enabling superior support of basic ATM applications, through Diebold’s integration of Connexstar service with its products Diebold will be extremely well positioned to lead the industry in bringing wide adoption of enhanced ATM and other kiosk applications. And we, of course, are very pleased to be a part of this."

Background on Spacenet’s Connexstar service
Powered by Gilat’s Skystar 360E™ VSAT platform, Connexstar provides commercial-grade, always-on high-speed Internet connectivity anywhere in the continental United States – with the ability to add high-speed credit authorization, in-store licensed music, distance learning, content multicasting and secure private networking services using the same remote site hardware. Connexstar services include business-grade installation, integrated routing functionality, depot maintenance and second-level help desk support. A variety of on-site field service options – such as 24x7 help desk and same day, 7x12 on-site maintenance – are also available to meet specific business requirements. Embedded TCP/IP implementation coupled with Gilat’s industry-leading Internet browsing acceleration technologies provides high performance and enhanced user experience. Learn more about Connexstar at www.connexstar.com.

About Spacenet
With headquarters in McLean, Virginia, Spacenet Inc. is a wholly owned subsidiary of Gilat Satellite Networks Ltd. of Petah Tikva, Israel. Spacenet provides two-way, satellite-based, broadband networking solutions for a wide range of organizations throughout North America. These solutions include provision of all equipment, bandwidth, implementation and ongoing network and field support on a full turnkey, outsource basis. Visit Spacenet at www.spacenet.com.

Spacenet Media Contact:
David Myers
Senior Vice President of Marketing and Corporate Development
(703) 848-1200
david.myers@spacenet.com