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BancTec News

BancTec Opens New Market Through Agreement With Sensible Technologies

DALLAS, April 17 PRNewswire — BancTec, a global provider of advanced, high volume document and payment processing solutions and services, has signed an agreement to provide support and installation services for mail inserting equipment sold by Sensible Technologies. This agreement adds another product line to the growing capabilities of BancTec's infrastructure services group, which in addition to its traditional expertise servicing check processing equipment, began providing maintenance on high-speed, continuous form printers last year.

"Sensible Technologies has built a thriving business rebuilding and adding unique technology to mail inserters, which must then be serviced after the sale," said Terry Holash, vice president Americas infrastructure services, BancTec. "This exclusive agreement enables us to leverage our national coverage model as well as the ability of our technicians to provide a wide variety of maintenance services within the mailroom environment. We look forward to working with Sensible Technologies to build a robust partnership that facilitates the mailroom process for both new and existing customers."

"BancTec's infrastructure services group has deep technical understanding and a wide service footprint," said Earle Painter, executive vice president, Sensible Technologies. "These factors were important in our decision to establish this partnership, as was BancTec's familiarity with the mailroom environment. We're confident that the combination of our proprietary inserting technology and BancTec's service responsiveness will provide our customers with an extremely cost effective, productive solution."

Under the agreement, BancTec will provide Sensible Technologies' customers with service and support on mail inserters to which it has added proprietary technology, including its Document Reliable System (DRS). The DRS system is designed to provide accurate verification, reporting of transactional documents and accountability for statement and check processing.

Sensible Technologies serves nearly any large mailroom-processing environment, with particular expertise in Direct and First Class service bureaus.

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 Sensible Technologies, Inc.

Sensible Technologies Inc. designs & manufactures cost effective, innovative solutions for Direct and First Class Service. In business since 1999 and selling over 400 systems to companies across North America, Sensible Technologies is expanding into financial institutions such as banks, insurance companies and printing companies. Sensible Technologies' staff of engineers develop software and hardware in-house, giving the company the unique ability to provide customers with completely integrated solutions. Investing in their innovation, Sensible Technologies develops and builds quality solutions with simple user interfaces, reliability and high speed output. For more information on Sensible Technologies innovative solutions please visit http://www.sensibletech.com or call 888-646-9003.

Sensible Technologies — The Sensible Choice

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

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