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Subject:
From:
Kelly Pierce <[log in to unmask]>
Reply To:
Kelly Pierce <[log in to unmask]>
Date:
Wed, 3 Apr 2002 07:06:54 -0600
Content-Type:
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text/plain (107 lines)
Business Wire
April 2, 2002

Banknorth and the National Federation of the Blind Announce Plan for
Talking ATMs

PORTLAND, Maine, April 2, 2002 Banknorth, NA ("Banknorth") will install
voice-activated ("talking") automated teller machines (ATMs) at its 400
ATM locations in Vermont, Maine, New Hampshire, Massachusetts,
Connecticut, and upstate New York, according to an agreement announced
today by the bank's holding company, Banknorth Group, Inc. (NASDAQ:
BKNG), and the National Federation of the Blind (NFB).

Banknorth plans to launch a pilot program to install talking ATMs in its
Vermont locations later this year. That pilot effort will be followed by
a five-year, $4.8 million rollout program in which talking ATMs will be
installed in all six states in which Banknorth operates.

Talking ATMs offer the only effective means for blind or visually
impaired persons to do their banking independently, according to NFB.
Banknorth's talking ATMs will enable blind persons to access accounts
held with Banknorth, as well as accounts with other banks. Banknorth
already provides Braille on its ATMs. "This plan continues our commitment
to offer all of our customers a full range of financial services," says
William J. Ryan, Banknorth Chairman, President and Chief Executive
Officer. "While we may not be as large as some of the banks in the nation
that have announced programs of this scope, we are just as committed to
serving our entire customer base, including those who face significant
challenges in fully participating in America's banking system."

"We applaud Banknorth for working with NFB to assure that all of its ATMs
are fully accessible to the blind community," notes NFB President Dr.
Marc Maurer. "In complying with the provisions of the Americans with
Disabilities Act that require all information used in ATMs to be
accessible to and independently usable by blind persons, Banknorth has
taken an important step toward helping blind people live and work
independently in today's technology-dependent world."

Talking ATMs provide step-by-step audio instructions that guide blind
customers through bank transactions independently, according to NFB. The
voice guidance technology employed in talking ATMs is accessed by
plugging personal headphones into a universal audio jack installed in the
ATM.

Dr. Maurer points out that while ATMs typically have Braille keypads and
labels for customers who are blind or visually impaired, that feature
represents an ineffective accommodation under the Americans with
Disabilities Act.

"Not all persons who are blind can read Braille," explains Dr. Maurer.
"Moreover, Braille keypads and labels are static. They do not provide
accessible and independently usable computer screen instructions to guide
a blind customer through a bank transaction. As a result, blind customers
who do not have access to talking ATMs have little choice but to rely on
others to do their banking for them."

Banknorth plans to install its first talking ATM in Burlington, Vermont
at the main office (111 Main Street) of Banknorth Vermont. After
installation and a period of monitoring that pilot location, Banknorth
will launch a staged program during which it will install voice-activated
ATMs at 20 to 30 percent of its current locations each year for the next
five years.

Banknorth will begin that effort by year-end 2002, with the more heavily
populated areas in each of the states in which it operates receiving
priority. Most of Banknorth's ATM locations have a single ATM that will
see installation of a voice-activated ATM. Where there is more than one
ATM at a given location, Banknorth will install one voice-activated ATM.

"We are very proud that Banknorth's first voice-activated ATM will be in
Burlington," says Brenda Jeanne Patterson, President of the National
Federation of the Blind of Vermont. "NFB's Vermont chapter played a major
role in developing this program with Banknorth and believes this kind of
partnership can serve as a model for all companies in assuring that blind
and visually impaired persons have full accessibility."

Banknorth Group, Inc. headquartered in Portland, Maine, is a $21.1
billion financial services holding company. Its banking subsidiary,
Banknorth, NA, in addition to Banknorth Vermont, operates banking
divisions in Maine (Peoples Heritage Bank), New Hampshire (Bank of New
Hampshire), Massachusetts (Banknorth Massachusetts), Connecticut
(Banknorth Connecticut) and in upstate New York (Evergreen Bank). The
Company and Bank also operate subsidiaries in money management,
investment services, insurance, mortgage banking, leasing, government
banking, merchant services and other financial services.

NFB is a consumer-based organization of more than 50,000 blind people
throughout the U.S. whose primary purpose is to promote security,
opportunity, and equality for those who are blind or visually impaired.

CONTACT:

Banknorth Group, Inc.
Brian Arsenault 207-761-8517 or

National  Federation of the Blind
Patricia Maurer 410-659-9314


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