NORTH CANTON, Ohio (12/5/07)--Diebold Inc. intends to sign an agreement with General Business Machines (GBM) to form a direct operation that will offer Diebold services to Central America and the Caribbean. The operation will be effective Jan. 1, and will operate under the name Diebold Central America. The operation’s main objectives are to provide extended coverage and improved services for financial industry and security customers in each country in the region. Under the agreement, Diebold intends to purchase a controlling share of GBM’s ATM distribution business. Diebold Central America will be based in San Jose, Costa Rica, and will have 50 employees. Jose Ardon will serve as general manager. GBM is a regional company in Central America with a presence in Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and the Dominican Republic.