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Santander-Serfin Bank expands the use of SmartBank to 260 branch-offices

Mexico City, June 12, 2003.- Santander-Serfin Bank, part of Santander Central Hispano, the most important financial group in Spain and Latin America, signed the second order to install the AVTM module of SmartBank, the solution developed by Smartmatic for the simultaneous management of security in thousands of branch-offices, regardless of their geographic location.

The Advanced Video Transmission Module (AVTM) is part of the SmartBank solution developed by Smartmatic, and uses the latest technology to capture, record, and transmit a digital video, enabling the surveillance system remote management for a large number of branch offices.

"It is a gradual process that started in November 2002. The signing of this second contract to install SmartBank in 170 additional branches proves that Santander-Serfin Bank is satisfied with the results obtained with the first installation", says Edgar Zorrilla, VP of Sales of Smartmatic.

Says Zorrilla: "In this project, the success of each phase is a fundamental element to start with the next one". The advantages of SmartBank regarding the savings in image storage, plus the proven real time response capacity during an alarm, made possible this second phase of the project, to interconnect all the branches of the financial institution".

With this decision, Santander-Serfin brings its installed base with SmartBank AVTM to 260 branches, consolidating the presence of Smartmatic's solutions in the Mexican banking market.

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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