ACOM Completes MICR Enhancement, Ships Xerox DocuPrint N24 MICR-Enhanced Laser Printer Solution.

LONG BEACH, Calif.--(BUSINESS WIRE)--Aug. 5, 1998--ACOM, a leading developer and integrator of MICR laser check processing solutions and a Xerox Corp. Xtra Partner, has completed the MICR enhancement of the Xerox DocuPrint N24 Network Laser Printer and it is now shipping the product, it was announced Wednesday by James R. Scott, vice president of sales.

The Xerox DocuPrint N24 MICR-enhanced Laser Printer Solution from ACOM is available immediately through ACOM's direct sales force.

"The Xerox DocuPrint N24 MICR-enhanced Laser Printer Solution from ACOM is the most affordable MICR desktop/workgroup network laser printer on the market today," Scott said.

"It includes all of the advanced features incorporated in the previously announced 32-page-per-minute Xerox DocuPrint N32 MICR-enhanced Laser Printer Solution from ACOM, but with its slightly lower, 24 ppm print speed, it can be offered at an even lower price. It makes efficient, secure laser check processing available and affordable to an extensive range of businesses that may be at serious risk of victimization by check fraud."

Like the MICR-enhanced DocuPrint N32 printer, the MICR-enhanced DocuPrint N24 comes in two versions. One version, designated MICR Only, is a dedicated tabletop printer designed for use in secure or limited access environments. It features a MICR toner sensor which prevents the printer from operating unless the specified MICR toner cartridge is installed.

The second version, designated Dual Mode, allows users the flexibility to print documents either with MICR toner or non-MICR toner. It features specially designed toner sensors and a MICR key lock that enables the operator to switch the unit between MICR and non-MICR mode.

The printer will operate only if switched to the mode for the toner cartridge installed, safeguarding against the production of checks and sensitive documents with non-MICR toner as well as preventing waste of MICR toner on documents that do not require it.

Base prices for the Xerox DocuPrint N24 MICR-enhanced Network Laser Printer Solution are $5,295 and $5,995 for the MICR-Only and the Dual Mode versions, respectively.

Options include Secure-A-Font(TM), a PCMCIA card reader which downloads MICR fonts, signatures and logos to the printer's memory for secure check processing jobs; a password-protected internal 1.4 gigabyte disk drive for storing and releasing print jobs; a duplex kit; 2,500-sheet feeder; and a 3,000-sheet finisher-stapler.

ACOM is the premier single source provider of integrated hardware and software MICR laser check processing solutions which utilize blank check stock rather than preprinted check forms. ACOM solutions generate checks in a single pass through a MICR laser printer, virtually eliminating the potential for check fraud while lowering overall costs of check disbursement operations.

The company's solutions interface with any host computer platform and with all financial software systems. ACOM is located at 2850 E. 29th Street, Long Beach Calif. 90806; telephone [phone]; fax [phone]; e-mail: [e-mail]. Web site: www.acom.com.

    CONTACT:  ACOM, Long Beach
               Gregg Church, 562/424-7899
                or
               Victor Wortman Co.
               Vic Wortman, 310/393 6281