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From the Wires
BancTec Enhances CenterVision(TM) Transactional Content Management Solution Through Partnership With Captaris Document Technologies

By: PR Newswire
Oct. 13, 2008 10:30 AM

DALLAS, Oct. 13 /PRNewswire/ -- BancTec, a global provider of advanced, high-volume document and payment processing solutions and services, has partnered with Captaris Document Technologies GmbH to incorporate the Captaris DOKuStar and RecoStar technologies into its enterprise level transactional content management solution, CenterVision. The partnership will provide customers with industry-leading data extraction and classification capabilities when they implement the CenterVision solution, leading to a more robust platform that helps rationalize content processing costs on a global basis.

"The CenterVision solution is designed to work with a variety of image-based document processing components, but we have selected the Captaris technologies as the default choice for classification and extraction of data from both structured and unstructured document images," said Mark Fairchild, senior vice president and chief technology officer for BancTec. "The Captaris technologies significantly enhance the CenterVision solution and business process outsourcing (BPO) offerings, and will support our vision of helping organizations reduce the cost of capturing, delivering and managing all inbound communications."

"We look forward to partnering with BancTec on a global basis to provide a solution that helps organizations speed up the delivery of business-critical information," said Manfred Mertgen, CEO, Captaris Document Technologies. "This partnership will help reduce the pressure companies are under to lower their document processing costs and improve the efficiency level of their internal content processes."

Captaris Document Technologies, located in Germany, is a worldwide leader in document interpretation, character recognition, archiving and document management and an early innovator in high speed color scanning. RecoStar is the industry's leading character recognition engine for machine print and handwriting, while the DOKuStar product family provides advanced, rule-based and adaptive document classification and extraction.

The worldwide agreement between BancTec and Captaris includes both the Classic and Professional editions of DOKuStar, and extends to the integration of the design studio components and runtime engines into the core CenterVision system. Captaris will support the deployment of its technology for both solution sales and BPO agreements, and will enable BancTec to provide a global service on a standard platform.

The CenterVision platform helps converge departmental capture applications and complex mailroom centers onto a common platform. With its unique capture interface, management dashboard, and automated processing and distribution capabilities, the CenterVision platform helps organizations speed up the delivery of business-critical information, streamline existing document processes, and more easily adapt to changing business requirements.

About BancTec

BancTec helps clients around the world simplify the process of managing their information. Founded in 1972, the company provides a wide range of solutions for automating complex, high-volume and data-intensive business processes for clients in the financial services, healthcare, manufacturing, government, services and utilities industries. BancTec's offerings include business solutions, business process outsourcing, and infrastructure services. With headquarters in Dallas, BancTec serves clients in 50 countries. For more information on how BancTec can help you optimize information management, visit http://www.banctec.com or call 1-800-BANCTEC.

About Captaris Document Technologies GmbH

Captaris Document Technologies GmbH is industry leader and competent partner in the fields of input management and business process optimization. The company is a global player in scanning, character recognition document classification and document analysis core technologies and related products like RecoStar, DOKuStar, Single Click Entry or Invoice CENTER. Thanks to its innovation, experience and team of select specialists, Captaris Document Technologies GmbH is in demand worldwide as a document technology vendor. The company is headquartered in Constance, Germany and has around 180 employees. http://www.Captaris-dt.com

Captaris Document Technologies is the international competence center for data processing solutions from Captaris Inc., one of the leading providers of software products for automating document-centered business processes. Captaris' product portfolio includes a wide range of solutions, including RightFax(R), Captaris Workflow, Alchemy und FaxPress. Captaris customers include all of the Fortune 100 companies and many Global 2000 firms. Captaris was founded in 1982 and is headquartered in Bellevue, Washington, USA. The company's shares are traded on the NASDAQ under CAPA. http://www.captaris.com

Forward-Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts are "forward-looking statements" describing BancTec's objectives, targets, plans, strategies, costs, anticipated capital expenditures and expected cost savings. These statements represent BancTec's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the Company's control. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled "Risk Factors" in the Company's Registration Statement on Form S-1, as amended, initially filed with the Securities and Exchange Commission on August 8, 2007. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent events or otherwise except as required by law.

SOURCE BancTec

Published Oct. 13, 2008
Copyright © 2008 SYS-CON Media. All Rights Reserved.
About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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