ATLANTA, Dec. 9, 2005 (PRIMEZONE) -- Further enabling clients to maximize their investment in check imaging technology, Harland Financial Solutions, Inc. today announced it has partnered with Panini North America to complement its existing Encore!(r) Teller software with the strength of Panini's image capture hardware. Panini is a leading provider of branch image capture technology, serving the top 100 banks in the U.S., as well as community banks and credit unions. Harland Financial Solutions is a division of John H. Harland Company (NYSE:JH).
Through this partnership, Harland Financial Solutions' Encore! Teller customers will be able to seamlessly integrate teller line automation software with Panini's My Vision X(tm) image capture device. Digital check imaging, made possible by Check 21 legislation, allows financial institutions using the technology to capture items presented for payment electronically at the teller line, which could result in significant cost savings by reducing the number of staff and equipment needed to process paper checks. Additionally, users could experience a reduction in fraud resulting from faster processing times and quicker funds availability for consumers.
"We are pleased to be working with an outstanding organization like Harland Financial Solutions," said Dave Youngerman, president, Panini North America. "The combination of our mutual strengths will provide tremendous value to our current and future customers."
Tom Richards, executive vice president and general manager of Retail Solutions for Harland Financial Solutions, concludes, "We believe our partnership with Panini North America provides numerous benefits to our clients who will realize increased operational efficiency, workflow improvement at the teller line, improved balancing and earlier fraud detection enabled by branch image capture integrated with Encore! Teller."
Encore! is a registered trademark of Harland Financial Solutions, Inc. All other brands and products or services are trademarks and/or service marks of their respective owners, may be registered, and should be treated appropriately.
About Harland Financial Solutions
Harland Financial Solutions (www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. Harland Financial Solutions is a leader in core systems, item processing, payment processing, electronic document management, financial accounting systems, electronic documents, deposit and loan origination, customer relationship management, compliance training, branch automation, check and MICR printing, mortgage lending, and solution consulting.
About Harland
Atlanta-based John H. Harland Company (NYSE:JH) (www.harland.net) is listed on the New York Stock Exchange under the symbol "JH." Harland is a leading provider of software and printed products to the financial institution market. Harland's software solutions include deposit and loan origination, platform, teller, call-center, mortgage, business intelligence, core systems and customer relationship management systems. Harland's printed products offerings include checks, direct marketing and financial forms. Scantron Corporation (www.scantron.com), a wholly owned subsidiary, is a leading provider of software services and systems for the collection, management and interpretation of data to the financial, commercial and educational markets.
About Panini North America
Founded in 1945 in Turin, Italy, Panini has a successful sixty year history of enabling clients to capitalize on shifts in the payments processing market. Panini North America, established as a wholly owned subsidiary in 1995, offers check capture solutions that help customers fully realize the advantages and efficiencies available with the digital transformation of the paper check. Panini North America's scalable check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter, corporate capture, cash vault, microfilm replacement and remittance processing. For more information please call 937.291.2195 or visit www.panini.com.
This press release contains statements, which may constitute "forward-looking statements." These statements include statements regarding the intent, belief or current expectations of John H. Harland Company and members of its respective management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Reference is made to the Risk Factors and Cautionary Statements in Harland's Form 10-K and Form 10-Q filed under the Securities Exchange Act.