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ACOM Computer Takes New Name, ACOM Solutions, Reflecting More Diverse Product Line, Expanded Corporate Mission.


Business Editors

LONG BEACH, Calif.--(BUSINESS WIRE)--Feb. 1, 2000

ACOM (language) ACOM - An early system on the IBM 705.

[Listed in CACM 2(5):16 (May 1959)].
 Computer Inc., which was founded in 1983 as a computer equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
 company and which evolved as an industry leader in MICR (Magnetic Ink Character Recognition) The machine recognition of numeric data printed with magnetically charged ink. It is used on bank checks and deposit slips. MICR readers detect the characters and convert them into digital data.  laser payment processing technology, has changed its name to ACOM Solutions Inc. to reflect the diversified diversified (di·verˑ·s  product line and expanded corporate mission stemming from the 1999 acquisitions of three companies in key related fields, it was announced today by Patrick McMahon, president.

ACOM now markets not only its QuickCheck(TM) integrated payment solutions, but also the EZPrint/400 electronic document printing solution for the IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  AS/400 user community; the Paragon(TM) and Paragon-Net(TM) e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers.  solutions, now in use by an international customer base; and the MICRPro(R) suite of products that banks and credit unions use to generate MICR laser financial documents. The units have been integrated with the ACOM corporate structure and operate as related profit centers.

&uot;ACOM is well known as the premier single source for integrated secure MICR laser payment processing solutions, an area where the company continues to compete aggressively,&uot; McMahon said.

&uot;The EZPrint/400 forms solution has repeatedly won awards for excellence in its field. Paragon and Paragon-Net solutions have established credibility with installations at more than 100 high profile firms in fields such as aerospace, manufacturing, banking and retail. The developer of the MICRPro solutions has been pressed to keep up with market demand.

&uot;By merging with ACOM, the developers and marketers of these excellent solutions gain the resources needed to move forward vigorously with their respective visions. ACOM gains access to new markets, substantial new revenue growth, and extremely valuable new talent and skill sets.&uot;

ACOM Solutions products serve the following business purposes:

-- QuickCheck/400 and QuickCheck for Windows enable businesses to

generate complete, signed checks from electronically stored check

forms on blank safety check stock using Xerox DocuPrint

MICR-Enhanced Network Laser Printers that have been engineered

for MICR applications by ACOM.

-- EZPrint/400 enables businesses to design customized business

forms, checks and labels, to store them as electronic overlays,

and to merge them with data to produce quality, laser-printed

finished documents as needed as needed prn. See prn order. .

-- The MICRPro suite of products enables banks and credit unions to

produce quality MICR financial documents, such as starter and

cashier's checks cashier's check n. a check issued by a bank on its own account for the amount paid to the bank by the purchaser with a named payee, and stating the name of the party purchasing the check (the remitter).  on demand; to perform back-office batch printing

of documents such as accounts payable, payroll, and other types

of checks, and loan and deposit coupons; and to fill check orders

in-house.

-- Paragon and Paragon/Net e-commerce solutions enable businesses to

connect internal departments and external sites, providing a

secure, Internet-based EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect.  system that trading partners use for

purchase orders, availability and delivery tracking, and secure

electronic transfer of funds.

About ACOM

ACOM Solutions Inc. is an international developer and marketer of advanced business solutions that provide companies with a choice between conventional hard copy processes, pure electronic processes, and solutions which advantageously combine desirable elements of both.

ACOM solutions include platform-independent integrated hardware-software MICR laser payment processing systems; Internet-based electronic data interchange See EDI.

(application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce.
 (EDI) for synchronizing synchronizing,
n a technique that a therapist uses to coordinate his or her breath with that of the client; builds trust and establishes relationship.
 documents between multiple trading partners for e-commerce applications; and electronic document printing systems for laser printer generation of business and financial forms, checks and labels.

ACOM is located at 2850 E. 29th St., Long Beach, Calif. 90806; telephone 562/424-7899; fax 562/424-8662; e-mail gchurch@acom.com; Web: www.acom.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 1, 2000
Words:558
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