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05/28/2007

BranchServ Announces Acquisition of Gallian Enterprises

BETHEL, CT - May 28, 2007 - BranchServ (www.branchserv.com), the leading supplier of physical security equipment and service to U.S branch banking networks, today announced the acquisition of Gallian Enterprises, a leading lock shop operation servicing the southeastern United States. Details of the transaction were not released.

"The Gallian acquisition gives us a full-range of lock shop capabilities and will enable us to fully centralize our lock operations," commented Tim Layaou, BranchServ's Southeast Regional Manager. Mr. Layaou also announced BranchServ's plans to move the former Gallian operations to its new Southeast service and operations center, currently under construction in Charlotte, North Carolina.

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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