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Panini Launches NEW Small Business RDC Check Scanner

2/23/2009 --(BUSINESS WIRE)--Today, at the Bank Administration Institute´s (BAI) TransPay Conference & Expo in San Diego, Panini is introducing their newest check scanning platform designed specifically for small business remote deposit capture (RDC). Incorporating the industry-leading reliability, quality and performance customers expect from Panini, the Panini I:Deal™ features unparalleled affordability combined with best total quality.

Leading financial institutions and distributed capture technology companies have already selected the Panini I:Deal for small business RDC, and most will be featuring the new product at BAI TransPay. Among these early adopters are NCR, WAUSAU Financial Systems, Metavante, Jaguar Software, Heartland Payment Systems, J&B Software, Jack Henry ProfitStars, Silver Bullet, and Edward Jones.

"We´re very fortunate to have such a highly esteemed group of industry influencers get behind this product so early," notes Doug Roberts, President, Panini North America. "We´re not surprised, however. The distributed capture market needed a product with the ability to facilitate downstream adoption of RDC to small businesses, so we worked together to deliver the ideal solution."

The conception and design of the Panini I:Deal is based on extensive market research to identify the specific and unique requirements of small business RDC users. Small business users, financial institutions, and Panini partners directly contributed to the design and development of this breakthrough solution.

The Panini I:Deal utilizes patented technologies to deliver capabilities critical for RDC success including high quality dual-sided image capture, document franking, and advanced reading technologies in the areas of MICR and OCR. A pocketing capability minimizes paper handling, providing document storage while ensuring transaction sequence integrity. Additionally, through self-adjusting capabilities, the Panini I:Deal provides an optimal user experience in the wide variety of environmental conditions encountered in small business RDC implementations.

Not only does the Panini I:Deal address the operations needs of small business, but, consistent with Panini tradition, the Panini I:Deal is unique in terms of visual appeal, fitting naturally and comfortably into any office or SOHO environment. With careful attention to an intuitive and ergonomic design, the I:Deal solution readily anticipates and accommodates users lacking familiarity with check processing.

"As we deliver this breakthrough solution to the market, we haven´t forgotten about the current economic conditions," adds Doug Roberts, President, Panini North America. "The Panini I:Deal boasts an unprecedented MSRP of $299 providing small businesses with a product they can afford for immediate and long term cost savings and operational efficiencies."

The new Panini I:Deal can be viewed at Panini´s booth #202 in the BAI TransPay Expo Hall (San Diego Convention Center, San Diego, California). The product will also be featured in BAI´s Solutions Theater, with guest presenter Edward Jones, Tuesday, February 24 at 12:30pm PST.

About Panini

Founded in Turin, Italy, Panini has enabled clients to capitalize on shifts in the global payments processing market for more than sixty years. Panini has a rich history of technology innovation, leveraging the company´s expertise in research & development. Panini´s market leading solutions are based on state-of-the-art engineering resources and ISO-9000 quality certified production. Panini North America, a wholly owned subsidiary, offers check capture solutions that enable customers to fully realize the advantages and efficiencies available with the digital transformation of the paper check. Panini´s scalable check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter capture, corporate capture, merchant back office conversion (BOC), cash vault, microfilm replacement and remittance processing. For more information please visit www.panini.com.





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