Silver Bullet - Press

Silver Bullet's Ranger Software Now Available for MagTek®'s MICRImage™ Check Scanner

Banks to take advantage of affordable small footprint capture device for branch and remote capture applications

PENSACOLA, FL., June 29, 2005 - Silver Bullet Technology, Inc. announced today that its Ranger™ Transport API product is now available for MagTek's MICRImage check reader and scanner. This solution provides the banks a new dimension for branch and remote capture applications enabling a proven and affordable check scanner solution for lower volume capture sites.

"Bankers need flexibility in implementing their Check 21 capture solutions," said Ray Higgins, director of business development for Silver Bullet. "Ranger allows them to mix and match hardware and software solutions to best fit the diverse range of check volumes processed at teller or remote capture sites. Ranger is combined with FSTC/ANSI compliant Image Quality Assurance to ensure that only high quality images are processed."

As the industry standard, Silver Bullet's Ranger software allows customers to use virtually any item-processing software with virtually any check-scanning hardware. The inclusion of MagTek's MICRImage product allows banks to incorporate this small footprint, attractively priced scanner without replacing their current software solutions.

"We are very pleased with the growing demand for check scanning devices like MICRImage," said Andy Deignan, MagTek's Business Unit Manager for Financial Products. "As a US manufacturer, we have always worked hard to engineer and manufacture high-quality, reliable products. We are pleased that Silver Bullet recognizes the value in working with MagTek and look forward to many successful endeavors."

The MICRImage scanner is designed to offer a robust solution delivering high quality imaging and precise MICR reading using MagTek's Enhanced Reading (ER) technology in a small footprint. It reads E13B and CMC7 MICR data and scans a check image in a single pass. Its attractive, ergonomic design includes visual cues for ease of use and faster training.

MICRImage also supports an optional 3-track Magnetic Stripe Reader that reads both ISO standard cards and new AAMVA driver's license formats. MICRImage scans check images in either black-and-white or grayscale, using the TIFF file format. Each MICRImage model supports USB, Serial, and Ethernet connectivity.

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 MagTek
Since 1972, MagTek has been a world leader in electronic transaction technology, from magnetic stripe card readers and writers to high-accuracy MICR check readers and scanners, secure PIN issuance and cardholder verification systems. The company's products and components are in use today at point-of-sale (POS) and back-office locations in thousands of companies around the world; incorporated into kiosks and ATMs, banking customer service terminals, custom retail POS terminals, and restaurant and hospitality equipment.

Recent MagTek innovations have included MICR check readers/scanners to meet the growing demand for check conversion, encrypting PINpads with magstripe and smart card capability, high-reliability motorized card encoding technology, USB-enabled interface readers and PIN pads, an integrated customer PIN selection and management system, and hybrid magnetic-stripe/smart card reader/writer technology. MagTek has been a leading proponent of electronic payment standards for over three decades. MagTek has 250+ employees at its Carson, California headquarters, and sales offices throughout the United States, Europe, and Asia, with independent distributors in over 40 countries. For more information, visit www.magtek.com.



Media Contacts

Rick Schwab
Director of Sales
Silver Bullet Technology, Inc.
(850) 437-5880
Rick.Schwab@SBullet.com

Andy Deignan
Business Unit Manager, Financial Products
MagTek
(800) 421-5208 x6603
andy.deignan@magtek.com