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03/26/2007

BranchServ Announced Appointment of New Supply Chain Director

BETHEL, CT March 26, 2007 - BranchServ (www.branchserv.com), the leading supplier of physical security equipment and service to U.S branch banking networks, announced the appointment of Michael Iadarola as new Supply Chain Director of BranchServ's parent company, Custom Vault Corporation.

Mr. Iadarola comes from The Siemon Company where he was Global Purchasing Manager. The Siemon Company is a technology leader in the telecommunications industry supplying cabling systems worldwide. Before Siemon, Michael was Director of Global Distribution, Materials and Logistics for Nash Elmo Industries, LLC a $250 million global manufacturer of pumps and engineered systems with manufacturing and sales offices worldwide. "Michael brings proven skills and talent of developing and implementing processes that optimize functionality and integrity in supply chain management," commented Custom Vault Corporation President and CEO, Thomas P. Brennan. Michael has a BBA in Finance and Economics from The City University of New York and an MBA in Management from Mount Saint Mary College.

Founded in 1999 as a division of Custom Vault Corporation, BranchServ provides physical security equipment and service solutions to over 3,000 bank and credit union branches from Maine to Florida, including 3 of the 10 largest branch banking networks in the United States. The fastest growing service provider in the industry, BranchServ combines unparalleled experience and product knowledge with a client-driven service focus—empowering branch networks to improve operational efficiency, lower overall costs, enhance the end customer experience and maintain security standards.

BranchServ is headquartered in Bethel, Connecticut with Service Centers in Boston, New York, Washington D.C., and Charlotte.

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