SYS-CON MEDIA Authors: Roberto Medrano, Dmitriy Stepanov, Gilad Parann-Nissany, Srinivasan Sundara Rajan, Sean Houghton

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Panini in CIAB 2014 to Announce Four Strategic Partnerships for Latin America

TORINO, ITALY and SAO PAULO, BRAZIL -- (Marketwired) -- 06/02/14 -- Panini, the global market leader in distributed check capture, is participating in CIAB FEBRABAN, one of the world's largest financial services events, in São Paulo, Brazil, for the seventh consecutive year.

Panini has been engaged in the Latin American financial services market for many years and has experienced growing success. For the 2014 edition of this major event, Panini is announcing its partnership with solution leaders in the financial and payments industry, extending its reach and capability to offer customers comprehensive deposit and payment solutions.

The following strategic partners will be emphasized by Panini at this year's CIAB event.

TDS Informática, a Brazilian technology leader active in data capture, financial transactions and POS systems will address the retail, merchant and correspondent bank market segments with their Panini integrated solutions.

Urmet Daruma, a major player in solutions and services for banking, telecommunications, retail automation, and IT in Brazil, will be a Master Distributor for Panini products and will be certified as a PASP (Panini Authorized Service Provider).

WAUSAU Financial Systems, the provider of best-of-breed financial technology, services and solutions, has selected Panini as an exclusive reseller for its Deposit 24/7 Suite™ for Brazil and Latin American markets. WAUSAU's advanced remote deposit capture (RDC) platform will be marketed by Panini Limitada in conjunction with the full range of Panini check scanning platforms and maintenance services.

Telefónica, one of the largest telecommunications firms in the world, has already launched its SmartCheck service -- including Panini technology -- to Brazil and several other Latin American markets to enable check capture in retail and corporate environments using desktop, traditional POS, and virtual POS (tablet-based) systems.

"As the global leaders in distributed capture, we are committed to the success of this market and have been involved from the beginning in many aspects of Brazil's new check truncation legislation," says Rodrigo Assis, Latin America Sales Director, Panini. "The establishment of important partnerships for Brazil and the rest of our Continent allows us to continue to support the industry's transition to check truncation while enhancing our market capabilities and expanding the use of Panini technology within new and strategic areas such as remote deposit, retail capture, bill payment, and more."

CIAB FEBRABAN 2014 will take place at the Transamerica Convention Center, São Paulo, Brazil, on June 4-6. Panini will be exhibiting in Booth S of Espaço Emprendedor.

About Panini
Founded in Turin, Italy, Panini has enabled clients to capitalize on shifts in the global payments processing market for more than sixty years. Panini has a rich history of technology innovation, leveraging the company's expertise in research & development. Panini's market leading solutions are based on state-of-the-art engineering resources and ISO-9001 quality certified production. Panini offers check capture solutions that enable customers to fully realize the advantages and efficiencies available with the digital transformation of the paper check, resulting in the world's largest deployed base of check capture systems, now approaching one million devices. Panini's scalable check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter capture, remote deposit capture and remittance processing. The company provides solutions on a global basis, and has direct subsidiary operations in the United States covering North America and in Brazil covering Latin American markets. For more information visit www.panini.com.

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