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10/14/2008

BranchServ Announces New Commercial Credit Facility with M&T Bank

BETHEL, CT - October 14, 2008 - BranchServ (www.branchserv.com), the leading supplier of physical and electronic security equipment and service to U.S. branch banking networks, today announced that the company has established a new, multi-million dollar commercial credit facility with M&T bank.

“We have been growing over 35% per year for the past five years and we’ve simply outgrown our previous lenders,” said Roy Messing, President of BranchServ. “M&T understands our business and our needs and we think they will be a great partner in our continued growth. The fact that we were able to establish this new facility in what can only be described as a challenging credit environment, is a testament to the company’s underlying strengths and great prospects for continued growth,” added Mr. Messing.

“We’re delighted to add BranchServ to our portfolio,” commented John Parisio, Vice President of the Commercial Middle Market Group at M&T Bank. “This company has all of the fundamentals that we look for and we’re looking forward to financing their growth well into the future,” added Mr. Parisio.

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

M&T Bank Corporation (NYSE:MTB) is a bank holding company with $66 billion in assets. Its banking subsidiaries, M&T Bank and M&T Bank, National Association, operate branch offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, Delaware, New Jersey and the District of Columbia.

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