RIYADH, Saudi Arabia, Dec. 6, 2015 /PRNewswire/ -- Diebold and Alhamrani Universal Company have announced the renewal of their distribution agreement in the Kingdom of Saudi Arabia. The four-year agreement enables Alhamrani Universal Company to exclusively install and service Diebold technology through a large, reliable and professional service organization with the skills and reach to best support the transformation goals of Saudi financial institutions.

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"Our partnership with Alhamrani Universal Company enables us to continue to have a strong presence in the important Saudi Arabia market and effectively bring collaborative innovation to customers in the country," said Bassem Bouzid, Diebold senior vice president and managing director, Europe, Middle East and Africa. "Our goal is to provide agility and security for our customers, enabling them to have a sustainable competitive edge through continuous innovation and adoption of new technologies."

For more than 30 years, Diebold and Alhamrani Universal Company have successfully collaborated to support the rapid growth of the Kingdom's retail banking sector through the continued delivery of innovative banking solutions tailored to suit the needs of Saudi customers.

"With 37 service centers across the Gulf countries, we provide a wide range of services, including all aspects of electronic banking and IT solutions, system integration and security solutions," said Tariq Abdat, president of Alhamrani Universal Company. "The renewal of our partnership with Diebold positions us firmly as one of the key regional players, and allows us to continue to provide our customers trusted services and state-of-the-art, reliable solutions to help them meet rapidly evolving customer needs."

About Alhamrani Universal Company

Alhamrani Universal Company (AU) was established in 1981. Through its global partnership network of world leading companies, 37 service centers GCC wide, and over 500 professionals, AU provides services for all aspects of Electronic Banking Solutions, IT Solutions, Systems Integration, and Security Solutions throughout the Gulf Countries. For more information, please visit www.universal.com.sa.

About Diebold

Diebold, Incorporated (NYSE: DBD) provides the technology, software and services that connect people around the world with their money - bridging the physical and digital worlds of cash conveniently, securely and efficiently.  Since its founding in 1859, Diebold has evolved to become a leading provider of exceptional self-service innovation, security and services to financial, commercial, retail and other markets. 

Diebold has approximately 16,000 employees worldwide and is headquartered near Canton, Ohio, USA. Visit Diebold at www.diebold.com or on Twitter: http://twitter.com/DieboldInc.

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SOURCE Diebold, Incorporated