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Silver Bullet Technology
Releases Ranger for BancTec High-Speed Sorters
BancTec Item Processing Transport Owners Now Have Extended Application
Options
Irving, Texas and Pensacola, Florida- April 12, 2005 - BancTec, a leading
provider of document management solutions and services, and Silver Bullet
Technology, Inc., a provider of item processing software and solutions, today
announced the release of Ranger™ interface for BancTec's X-Series
multi-functional item processing transport. Silver Bullet's Ranger interface
will allow users of a wide variety of check processing applications to run on
BancTec's X-Series transport.
"The availability of Ranger for the X-Series transports supports BancTec's
strategy of open architecture for all of our equipment and gives check and
remittance processors more options to intermix hardware and software platforms
to optimize the use of their infrastructure," said Mark Fairchild, Senior Vice
President, BancTec Global Products and Operations.
BancTec's X-Series is a multi-functional transport for check and remittance
processing, using one or two-pass applications. It is designed for companies
that process high check volumes at speeds of 350 or 600 items per minute. By
placing the Ranger interface on BancTec's X-Series transport, users have the
benefit of accessing a broader selection of equipment to run on their
applications.
Through the release of Ranger for BancTec's X-Series, Silver Bullet continues
to bring greater efficiency to the financial services development environment.
The Ranger Transport API, Silver Bullet's flagship product, is a software tool
that allows item-processing applications to run unchanged on virtually every
transport type. Silver Bullet's latest Ranger release brings BancTec sorters
into its stable of "Ranger Compatible" transport and check scanners.
Reducing item processing costs by leveraging existing hardware, as well as
greater control over system configurations, are a few of the benefits financial
services companies will receive. These benefits are particularly important to
maximizing existing resources and transports obtained through bank
acquisitions.
"In these rapidly changing times, banks need options," said Bryan Clark, CEO
of Silver Bullet Technology, Inc. "Ranger allows banks to mix and match
software applications and transport types to leverage their existing
investments and support evolving needs. With the implementation of Check 21,
Ranger is a powerful weapon in a bank's competitive arsenal."
About BancTec
Founded in 1972, BancTec is the most recognized name worldwide in transaction
processing. BancTec has deployed transaction solutions in over 50 countries,
counts among its customers some of the most prominent companies in the world,
and is honored to be a member of the TAWPI Hall of Fame. BancTec's product
suite combines unique flexibility, scalability, and connectivity to provide
unprecedented levels of automation in the capture, processing, and distribution
of electronic and paper documents and transactions. BancTec complements its
product suite with a line of proven hardware solutions, and dependable service
and support. To learn how BancTec can help your organization reduce IT costs,
increase productivity, and improve quality, visit our corporate Web site at www.banctec.com or call 1-800-BANCTEC.
About Silver Bullet Technology, Inc.
Pensacola, Florida-based Silver Bullet Technology provides item processing
software and solutions that have come to serve as the de facto standard for
financial institutions. Silver Bullet's Ranger Transport API™ enables
end-users to utilize virtually any item processing software with virtually any
check scanning hardware. The firm provides professional services, including
contract programming and project management, to banking, mortgage and related
industries. For more information, visit
www.sbullet.com.
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Media Contacts
Dena T. Bauckman
Marketing Director, BancTec
972-821-4754
Dena.Bauckman@BancTec.com
Sonia Livingston
COO
Silver Bullet Technology, Inc.
(850) 437-5880
Sonia.Livingston@SBullet.com
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