Ariba(R), Inc. (Nasdaq:ARBA), the leading spend
management solutions provider, today announced that it has expanded
its relationship with Diebold, Incorporated (NYSE:DBD), a global
leader in providing integrated self-service delivery and security
systems and services. A pioneer in spend management, Diebold is
raising the bar for its efforts, targeting reductions of $100 million
in its cost structure through 2008. To reach this goal, the company
has added Ariba Spend Visibility(TM) and Ariba Category
Procurement(TM) to its portfolio of solutions. The company will
leverage the offerings, in addition to Ariba Sourcing(TM) and Ariba
Consulting Services, which it currently uses to bring more of its
spend under management and accelerate its results.
"Diebold recognized the value of spend management early on and
invested in solutions that would enable us to drive supply chain
efficiency on a global scale," said Michael J. Rager, director,
Enterprise Spend Management, Diebold. "Through Ariba's unique blend of
technology, commodity expertise and services, we have been able to
accelerate and increase the value of procurement to the organization
and drive sustainable savings. We will continue to leverage their
solutions to build on our success and further speed the pace with
which we deliver results."
Diebold launched its initial spend management program in 2000,
implementing Ariba Sourcing to streamline its procurement process and
enhance its supply base. In 2003, the company launched a low-cost
country sourcing project in China to strengthen its supply chain and
move closer to its customers. By 2004, similar projects were underway
in Europe and India. With the addition of Ariba Spend Visibility and
Ariba Category Procurement, the company can identify additional
opportunities for savings across direct and indirect categories and
drive process improvements that positively impact its bottom line.
"Diebold embraced spend management when it was still in its
infancy, and is now investing in technology, people and processes to
fundamentally transform its procurement organization," said Kevin
Costello, chief commercial officer, Ariba. "We look forward to
supporting Diebold as they take their efforts to the next level,
providing innovative solutions that can enable them to achieve their
strategic goals."
About Diebold, Inc.
Diebold, Incorporated is a global leader in providing integrated
self-service delivery and security systems and services. Diebold
employs more than 14,000 associates with representation in nearly 90
countries worldwide and is headquartered in Canton, Ohio, USA. Diebold
reported revenue of $2.6 billion in 2005 and is publicly traded on the
New York Stock Exchange under the symbol "DBD." For more information,
visit the company's Web site at www.diebold.com.
About Ariba, Inc.
Ariba, Inc. is the leading provider of spend management solutions
to help companies realize rapid and sustainable bottom line results.
Successful companies around the world in every industry use Ariba
spend management software and services. Ariba can be contacted in the
U.S. at 1-650-390-1000 or at www.ariba.com.
Copyright (C) 1996 - 2006 Ariba, Inc.
Ariba, the Ariba logo, AribaLIVE and SupplyWatch are registered
trademarks of Ariba, Inc. Ariba Spend Management, Ariba Spend
Management. Find it. Get it. Keep it., Ariba. This is Spend
Management, Ariba Solutions Delivery, Ariba Analysis, Ariba Buyer,
Ariba Category Management, Ariba Category Procurement, Ariba Contract
Compliance, Ariba Contracts, Ariba Contract Management, Ariba Contract
Workbench, Ariba Data Enrichment, Ariba eForms, Ariba Sourcing, Ariba
Spend Visibility, Ariba Invoice, Ariba Travel & Expense, Ariba
Workforce, Ariba Supplier Network, Ariba Supplier Connectivity, Ariba
Supplier Performance Management, Ariba PunchOut, Ariba QuickSource,
PO-Flip, Ariba Settlement and Ariba Spend Management Knowledge Base,
Ariba Ready, Ariba Supply Lines, Ariba Supply Manager, and It's Time
for Spend Management are trademarks or service marks of Ariba, Inc.
Ariba Proprietary and Confidential. All rights reserved. Patents
pending. All other trademarks are property of their respective owners.
Ariba Safe Harbor
Safe Harbor Statement under the Private Securities Litigation
Reform Act 1995: Information and announcements in this release involve
Ariba's expectations, beliefs, hopes, plans, intentions or strategies
regarding the future and are forward-looking statements that involve
risks and uncertainties. All forward-looking statements included in
this release are based upon information available to Ariba as of the
date of the release, and we assume no obligation to update any such
forward-looking statements. These statements are not guarantees of
future performance and actual results could differ materially from our
current expectations. Factors that could cause or contribute to
Ariba's operating and financial results to differ materially from its
current expectations include, but are not limited to: delays in
development or shipment of new versions of Ariba's products and
services; lack of market acceptance of Ariba's existing or future
products or services; inability to continue to develop competitive new
products and services on a timely basis; introduction of new products
or services by major competitors; the ability to attract and retain
qualified employees; difficulties in assimilating acquired companies;
long and unpredictable sales cycles and the deferrals of anticipated
orders; declining economic conditions; inability to control costs;
changes in the company's pricing or compensation policies; significant
fluctuations in our stock price; the outcome of and costs associated
with pending or potential future regulatory or legal proceedings; the
impact of our acquisitions, including the disruption or loss of
customer, business partner, supplier or employee relationships; and
the level of costs and expenses incurred by Ariba as a result of such
transactions. Factors and risks associated with its business,
including a number of the factors and risks described above, are
discussed in Ariba's Form 10-K filed December 7, 2005 and in its Form
10-Q filed May 15, 2006.