|
Silver Bullet Technology and Document Capture Technologies Announce Strategic Ranger®
Licensing Agreement
PENSACOLA, FL, August 25, 2008 - Today at The Association for Work Process Improvement (TAWPI) Forum &
Expo, Silver Bullet Technology, a leader in Check 21 data and image tools, and Document Capture Technologies Inc. (DCMT.OB)
, a leader in compact page-fed scanners, announced that they have engaged in a strategic partnership to develop Silver
Bullet's Ranger® for Document Capture Technologies' OEM and VAR line of check scanners. API Library integrations will
begin during the third quarter of 2008, with first anticipated Ranger integrated product delivery expected in the fourth
quarter of calendar 2008.
Document Capture Technologies' (DCT) Remote Capture product family presents an attractive combination of formats
(ISO A4, A6 & A8), functions (duplex-simplex), powered through a USB interface (no AC power) and value, producing a
cost-effective solution for remote check capture. The DCT Scanner platforms offer the ability to scan documents for remote
transactions, in applications that require checks, driver license and photo ID verifications, as well as the scanning of
page-oriented documents. The extremely small footprint of the scanner (< 12 oz) provides for low-volume images to be
transmitted simply and efficiently.
Silver Bullet's Ranger software allows customers to use virtually any item-processing software with virtually any
check-scanning hardware. The addition of Document Capture Technologies' product to the Ranger family will allow banks and
other financial institutions to incorporate this extremely low-priced scanner into their programs without replacing their
current software solutions.
"It has become clear that the remote capture check truncation market continues to proliferate and progress," stated
David P. Clark, CEO of Document Capture Technologies. "DCT has developed its line of check capture products to be the
simplest and most economical in the market to both operate and service. Our partnership with Silver Bullet to develop
Ranger for our Check Scanner solutions will provide a cost-effective alternative for most financial institutions and the
cash management needs of most professional offices, small business and healthcare facilities with low volume remote
deposit needs."
"We are delighted to partner with Document Capture Technologies as it offers a compelling low-cost entry opportunity to
meet the needs of the millions of businesses that could benefit from the utilization of remote deposit capture," said
Jamille Ellingson, national account executive for Silver Bullet. "Our partnership to develop Silver Bullet's Ranger for
their Check Scanner brings together two companies with a proven track record of quality and efficiency, and we're looking
forward to working with Document Capture Technologies."
About Document Capture Technologies, Inc.
Document Capture Technologies, Inc. (OTCBB: DCMT.OB), headquartered in San Jose, Calif., designs and manufactures document
capture solutions for OEM customers worldwide. The company currently manufactures over 20 proprietary document capture
products and has become one of the world's largest private-label manufacturers of USB-powered mobile document scanning
devices. The Company's growing intellectual property portfolio in document capture includes key patents with additional
patents pending. For more information, visit www.docucap.com.
About Silver Bullet Technology, Inc.
Pensacola, FL-based Silver Bullet Technology, Inc. is the industry's foremost check scanner software developer,
offering a comprehensive suite of Check 21 solutions and software tools. Silver Bullet has considerable experience
working directly with financial institutions, scanner manufacturers and software vendors. Silver Bullet's newest
software tool, Scout™, remotely tracks MICR and image quality and hardware performance, and displays the
results in a concise web-based format. For more information, visit www.sbullet.com.
Scout is a trademark and Ranger is a registered trademark
of Silver Bullet Technology, Inc. All other brands and products referenced herein are acknowledged
to be trademarks or registered trademarks of their respective holders.
|