Altec Announces General Release of Acuity's MICR Check Printing Solutions.Business Editors &High Tech Writers LAGUNA HILLS La·gu·na Hills A city of southern California southeast of Santa Ana. Population: 33,600. , Calif.--(BUSINESS WIRE)--Feb. 7, 2000 Developed Using Seagate Crystal Reports(TM) Capabilities Along With Firmware Incorporated on DIMM (Dual In-Line Memory Module) A printed circuit board that holds memory chips and plugs into a DIMM socket on the motherboard. See memory module. DIMM - Dual In-Line Memory Module Memory Chips, 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. Check Printing Solutions Seamlessly Integrate With Sage Software's Acuity Accounting Applications Altec Products, Inc., the Authorized Print Provider for Sage(TM) Software's Acuity(R) applications, today announced the general release of the Acuity MICR Check Printing Solutions, an electronic check printing application developed to exclusively and seamlessly integrate with Sage Software's Acuity accounting applications. It was developed using Seagate's Crystal Reports capabilities in Acuity financials, along with firmware incorporated on DIMM memory chips installed within selective Troy(R) and HP LaserJet LaserJet is the brand name used by the American computer company Hewlett-Packard (HP) for their line of dry electrophotographic (DEP) laser printers. Technology HP LaserJets employ electro-photographic laser marking engines sourced from the Japanese company Canon. (R) printers. Acuity MICR Check Printing Solutions removes the need to manage multiple preprinted check stock, as multiple logos and signatures can reside on a secure DIMM. This comprehensive solution is compatible to Acuity version 4.1 and above. &uot;Altec's historical association with the financial software market since the early 1980's has allowed us to embrace the technology of electronic forms solutions and the concept of a 'paperless accounting environment,'&uot; said Mark Ford, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Altec. &uot;This solution utilizes the power inherent in Sage's Acuity software and combines it with output enhancements that allows you to print multiple company checks in house in a secure environment.&uot; &uot;We are excited about Altec's contribution to further maximize the power of the Acuity suite of accounting applications,&uot; said David R. Butler, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Sage Software, Inc. The offering from Altec includes hardware, digitized logos and signatures stored on the DIMM, MICR toner, and check stock with security features. Additional customization features include adding unique threshold dollar amounts for signature approval, as well as personalized verbiage verbiage - When the context involves a software or hardware system, this refers to documentation. This term borrows the connotations of mainstream "verbiage" to suggest that the documentation is of marginal utility and that the motives behind its production have little to do with often required on a company's check. Acuity MICR Check Printing Solutions are available directly through Altec and through Sage's Acuity Solution Provider channel. About Acuity The Acuity suite of products comprises a comprehensive set of accounting, distribution and project accounting solutions. These solutions are optimized to meet the needs of mid-sized companies typically of up to $500 million in revenue. Additionally, Acuity Visual Tools allows for easy customization of Acuity modules and rapid development of custom applications. Acuity delivers an advanced feature set, flexibility, scalability and powerful reporting developed exclusively for the Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. (TM) and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. (R) environments. Acuity is a three-time winner of the Microsoft Industry Solution Award for Best Technology Integration. About Sage Software, Inc. Headquartered in Irvine, Calif., Sage Software, Inc. (www.us.sage.com) is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of The Sage Group plc, the world's leading PC-based accounting software company with more than two million customers. Sage Software markets five major accounting software packages. Peachtree(R), DacEasy(R) and BusinessWorks(R) are easy to use and provide the full accounting features needed by most small businesses of up to 50 employees. MAS 90(R) is the leading accounting software for medium-sized businesses with up to 500 employees, and is recommended by more CPAs than any other mid-range accounting product. Acuity is perfect for larger businesses or business units of up to 1,000 employees. About Altec Headquartered in Laguna Hills, Altec Products, Inc. (www.altec-inc.com) develops, sells and supports electronic and paper based printing solutions for financial software users in all horizontal markets in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Altec markets Acuity compatible products and is considered an innovative printing and marketing partner. Altec and Acuity utilize cutting-edge technologies to provide solutions that increase productivity and security, while reducing printing and overhead costs overhead costs see fixed costs. . Altec has over 15 years of experience developing printing solutions for leading financial software companies. It is named one of the Top 100 Distributors in the document management industry by FORM Magazine in its 1999 rankings of the industry's largest companies. |
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