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Silver Bullet Check Image Quality Software to Be Used In Banking Industry Study

PENSACOLA, Fl., June 16, 2005--Today Silver Bullet Technology announced that its check Image Quality Analysis (IQA) software will be used by the Financial Services Technology Consortium (FSTC) in their Image Quality and Usability Assurance Phase Two study. Silver Bullet's IQA software is a standard part of its Ranger Check 21 toolkit. Ranger allows banks to mix and match check scanning software and hardware to suit their needs. Over 25,000 copies of Ranger have been purchased to date.

Silver Bullet's Ranger IQA software is one of several software packages that will be used by FSTC to measure the frequency and severity of check image defects. The FSTC first phase of testing involved rigorous accuracy testing against a set of FSTC test images. "The FSTC staff and members have done a wonderful job of creating a detailed accuracy testing process. Since many of the test images have multiple problems, such as too light, skewed, folded corners, the accuracy test is a good stress-test of our IQA software," said Joe Dean, VP of Product Development at Silver Bullet Technology. The second phase of testing will involve running the IQA software on millions of check images.

"In a Check 21 world checks can be destroyed after the check images have been captured. As an industry, it is critical to verify that the check images are acceptable before the paper checks are destroyed. Since our Ranger software is present on thousands of check scanners, we will detect many check image quality problems at the source. Of course it makes good sense to test the image quality at the check scanner. It is much easier to correct an image quality problem when you still have the paper check in your hand," said Bryan Clark, CEO of Silver Bullet Technology, Inc.

About Silver Bullet Technology, Inc.
Pensacola, Fla.-based Silver Bullet Technology, Inc., the world's foremost check scanner experts, 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.

About FSTC and the Image Quality and Usability Assurance Initiative
The Image Quality and Usability Assurance initiative is a project of the FSTC Advisory Council's Check Truncation Special Interest Group. FSTC is a consortium of leading North America-based financial institutions, technology vendors, independent research organizations, and government agencies that sponsors collaborative technology development pilots, proofs-of-concept, tests, and demonstrations. Its aim is to bring forward interoperable, open-standard technologies that provide critical infrastructures for the financial services industry. For more information on the Image Quality and Usability Assurance initiative or FSTC visit www.fstc.org.



Media Contact

Sonia Livingston
Chief Operations Officer
Silver Bullet Technology, Inc.
(850) 437-5880
Sonia.Livingston@SBullet.com