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BancTec Enhances CenterVision(TM) Transactional Content Management Solution Through Partnership With Captaris Document Technologies
Monday, October 13, 2008
DALLAS, Oct. 13 /PRNewswire/ -- BancTec, a global provider of advanced,
high-volume document and payment processing solutions and services, has
partnered with Captaris Document Technologies GmbH to incorporate the Captaris
DOKuStar and RecoStar technologies into its enterprise level transactional
content management solution, CenterVision. The partnership will provide
customers with industry-leading data extraction and classification
capabilities when they implement the CenterVision solution, leading to a more
robust platform that helps rationalize content processing costs on a global
basis.
"The CenterVision solution is designed to work with a variety of
image-based document processing components, but we have selected the Captaris
technologies as the default choice for classification and extraction of data
from both structured and unstructured document images," said Mark Fairchild,
senior vice president and chief technology officer for BancTec. "The Captaris
technologies significantly enhance the CenterVision solution and business
process outsourcing (BPO) offerings, and will support our vision of helping
organizations reduce the cost of capturing, delivering and managing all
inbound communications."
"We look forward to partnering with BancTec on a global basis to provide a
solution that helps organizations speed up the delivery of business-critical
information," said Manfred Mertgen, CEO, Captaris Document Technologies.
"This partnership will help reduce the pressure companies are under to lower
their document processing costs and improve the efficiency level of their
internal content processes."
Captaris Document Technologies, located in Germany, is a worldwide leader
in document interpretation, character recognition, archiving and document
management and an early innovator in high speed color scanning. RecoStar is
the industry's leading character recognition engine for machine print and
handwriting, while the DOKuStar product family provides advanced, rule-based
and adaptive document classification and extraction.
The worldwide agreement between BancTec and Captaris includes both the
Classic and Professional editions of DOKuStar, and extends to the integration
of the design studio components and runtime engines into the core CenterVision
system. Captaris will support the deployment of its technology for both
solution sales and BPO agreements, and will enable BancTec to provide a global
service on a standard platform.
The CenterVision platform helps converge departmental capture applications
and complex mailroom centers onto a common platform. With its unique capture
interface, management dashboard, and automated processing and distribution
capabilities, the CenterVision platform helps organizations speed up the
delivery of business-critical information, streamline existing document
processes, and more easily adapt to changing business requirements.
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 Captaris Document Technologies GmbH
Captaris Document Technologies GmbH is industry leader and competent
partner in the fields of input management and business process optimization.
The company is a global player in scanning, character recognition document
classification and document analysis core technologies and related products
like RecoStar, DOKuStar, Single Click Entry or Invoice CENTER. Thanks to its
innovation, experience and team of select specialists, Captaris Document
Technologies GmbH is in demand worldwide as a document technology vendor. The
company is headquartered in Constance, Germany and has around 180 employees.
http://www.Captaris-dt.com
Captaris Document Technologies is the international competence center for
data processing solutions from Captaris Inc., one of the leading providers of
software products for automating document-centered business processes.
Captaris' product portfolio includes a wide range of solutions, including
RightFax(R), Captaris Workflow, Alchemy und FaxPress. Captaris customers
include all of the Fortune 100 companies and many Global 2000 firms. Captaris
was founded in 1982 and is headquartered in Bellevue, Washington, USA. The
company's shares are traded on the NASDAQ under CAPA. http://www.captaris.com
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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