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Smartmatic

Santander-Serfin Bank installs SmartBank in more than 520 branch-offices

Mexico City, March 3, 2004.- Santander-Serfin, one of the three most important financial groups in Mexico, signed its third contract with Smartmatic to install SmartBank's AVTM module to undertake the unified security and video-surveillance management in 250 branch-offices in addition to the ones where they already have this solution installed.

"With this third contract, the bank now has a total of 520 branch-offices automated with SmartBank's AVTM; slightly more than half the universe of the 1004 branch-offices they currently have in Mexico", states Edgar Zorrilla, Smartmatic's VP of Sales.

The first contract signed in November 2002 comprised a total of 90 branch-offices. During the year 2003, said number was increased to 260 branch-offices along the Mexican territory. "This growth confirms the progressive security automation process in all the branch offices of the Mexican bank ", predicts Zorrilla.

"For the signature of the first contract, our proposal competed with the ones of other security companies with presence in the international market. The subsequent contracts materialized due to the excellent results obtained by Santander-Serfin with our SmartBank solution and it's Advanced Video Transmission Module (AVTM) ", he adds.

This third acquisition represents the largest order placed by Santander-Serfin to Smartmatic, up to now. "And it is a proof of the success obtained with this solution, supported and managed in Mexico by Cestek Dimeyco Sistemas", says Zorrilla.

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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.

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