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02/22/2008

Michael Iadarola Promoted to Vice President, Supply Chain for BranchServ and CustomVault

BETHEL, CT - February 22, 2008 - BranchServ (www.branchserv.com), the leading supplier of physical and electronic security equipment and service to U.S. branch banking networks, today announced the promotion of Michael Iadarola to Vice President, Supply Chain for BranchServ and it’s sister division, CustomVault.

Mr. Iadarola, who had previously been the company’s Supply Chain Director, joined BranchServ in early 2007 with over 20 years of supply chain experience, including leadership positions at Penzoil Quaker State, Nash Engineering and The Siemon Company. 

“In less than a year, Michael has built a best-in-class Supply Chain Organization and has centralized ninety percent of our purchasing activities,” said Roy Messing, President of BranchServ.  “Michael exemplifies the supply chain professional who understands the role of supply chain in satisfying our customers’ needs with the greatest efficiency and highest quality,” added Mr. Messing.

As corporate Vice President, Supply Chain, Mr. Iadarola also has responsibility for BranchServ’s sister division, CustomVault.  CustomVault supplies technologically advanced high-security modular vault systems to pharmaceutical manufacturing and distribution companies, armored car carriers, jewelry manufacturers and multiple branches of the U.S. government.

Mr. Iadarola is based in BranchServ’s corporate headquarters located in Bethel, Connecticut.

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Founded in 1999 as a division of Custom Vault Corporation, BranchServ provides physical and electronic 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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