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Smartmatic

Cestek and Smartmatic renew agreement for three more years

Mexico City, March 19, 2004.- Smartmatic, the device-networking solutions developer, and Cestek Dimeyco Sistemas, a technology supplier and integrator, extended, for three more years, their business agreement that started in November 2002, in order to provide services to the Santander-Serfin Bank.

In accordance with the terms of the agreement, Cestek will continue to be in charge of the implementation, support and maintenance of SmartBank's physical security solution. Smartmatic, on its part, is still in charge of the training and evaluation of Cestek's human resources assigned to these operations.

The extension of the agreement between the two companies in which Santander-Serfin is expanding its security and video surveillance module, SmartBank's AVTM, to a total of 526 branch offices in the Mexican territory. With 1004 branch offices in that country, Santander-Serfin is one of the three most important banks in Mexico.

"Initially, Santander-Serfin tested SmartBank's AVTM module in 90 of its branch-offices. They extended it to 260 branch-offices in June 2003 and, currently, over half of its branch-offices use the AVTM module to monitor facilities and automatically control the alarm systems ", explains Edgar Zorrilla, Smartmatic's VP of Sales.

"Since the beginning of our alliance, Cestek has become an important partner, guaranteeing high AVTM performance and operation levels for the end costumer, in accordance with Smartmatic's guidelines and requirements", adds the executive.

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About Smartmatic

Smartmatic is a multinational company that specializes in the design and end-to-end deployment of complex purpose-specific technology solutions. With an unsurpassed technology base, continuous innovation, and quality in processes and results, Smartmatic is organized around three business areas: Electronic voting systems, intelligent and integrated security systems for large enterprises and governments, and advanced solutions for people registration and authentication for a wide range of government applications.

Smartmatic is a privately held company with offices in the US, Mexico, Venezuela, Barbados, Spain, Philippines and Taiwan.  It has more than 200 employees worldwide.  Its capacity for innovation and wide range of products and services have earned Smartmatic extensive recognition in the technology community worldwide.