Captovation Releases ecCheckScan for eCapture; New Software Program Provides eCapture with Check-Imaging Capability.

Business Editors/High-Tech Writers

AIIM 2003

Booth 1957

MINNEAPOLIS--(BUSINESS WIRE)--April 7, 2003

Captovation, a leading provider of production-level and browser-based document capture software, has officially released ecCheckScan for eCapture. ecCheckScan is the newest addition to the eCapture suite of document capture modules, and will provide users with an interface to electronically capture the image and MICR (magnetic ink character recognition) data off of monetary checks so that they can be easily archived into virtually any electronic content management (ECM) system.

"ecCheckScan is an excellent addition to our eCapture product suite that allows us to further diversify our total product offering," said Ken Peterka, Captovation's President and CEO. "We are very excited to provide our resellers and customers with a robust and affordable check scanning solution."

This first version of ecCheckScan supports the TellerScan and Buic check scanners provided by Digital Check Corporation (www.digitalcheck.com). These scanners range in speeds from the manually fed TS200, to the 90 checks per minute TS400E. These scanners are all under $5000, and do not require a third-party scanner driver to interface with ecCheckScan.

"ecCheckScan's intuitive interface and unique architecture provides an excellent method to capture check images and MICR data," said Mark Vose, National Accounts Manager at Digital Check Corporation. "The program easily integrates with our check scanners and provides customers with a robust solution to scan and archive check images."

Traditionally, banks and other financial institutions have implemented microfilm systems to store/retain check images. Although microfilm provides a reliable method to "back up" hard copy documents, the labor and hardware costs associated with such systems is fairly expensive and the actual microfilm process can be very time-consuming. Conversely, ecCheckScan offers electronic check imaging that is not only faster when compared to microfilming but also more efficient.

ecCheckScan uses the check scanner's built-in MICR reader to capture the MICR data off of checks. MICR data typically includes a Routing Number, Account Number, Check Number and Check Amount. During the scanning process, this data is automatically parsed into index fields within eCapture. After scanning is complete, the check images and index data can be stored in virtually any ECM system. Since ecCheckScan was built on eCapture's architecture, it automatically inherits all the ECM systems integrations supported by eCapture. eCapture integrations (provided free from Captovation) currently exist for such systems as Optika Acorde, DocuWare, Microsoft SharePoint, IBM Content Manager, Legato ApplicationXtender and TOWER Software's TRIM Context. The ECM integrations offered by Captovation separates ecCheckScan from competitive check scanning solutions because many competitive systems would require expensive custom programming to perform the same level of integration.

ecCheckScan can be used independently, but it can also be implemented to complement other eCapture modules. For example, ecCheckScan can be implemented with ecIndex, eCapture's production-level indexing module, to provide enhanced indexing capabilities such as external database queries to obtain additional index data. The program is also VBA-compatible, meaning it can be further customized to fit the customer's exact business needs.

Captovation will be demonstrating ecCheckScan and the entire eCapture production line in booth number 1957 at the 2003 AIIM Exposition and Conference in New York City from April 7th through April 9th. Retail Pricing for ecCheckScan starts at $2495 for the TellerScan 300, 350, 400 and Buic 1000/1500. ecCheckScan for the TellerScan 200 starts at $695. ecCheckScan and the rest of the eCapture product suite can be purchased through Captovation's eCapture Certified Resellers.

About Captovation

Captovation, Inc. is a privately held company established in 1994, which specializes in the design and development of document capture products for the electronic document management industry. Their software products and custom integration services provide paper-intensive organizations with the ability to streamline and tailor the document capture process to meet their needs. eCapture, the company's flagship product, is a suite of document capture modules for the Enterprise. The software modules include: ecScan (production-level scanning), ecIndex (production-level indexing), ecNet (distributed, web-based capture), ecAutoFile Server (bar code recognition server), ecCommit Server (schedule batch commits), ecImport Server (import images directly into eCapture), and ecCheckScan (production-level scanning interface for check scanners). For more information, visit the company's web site at www.captovation.com.

About Digital Check Corporation

Digital Check Corporation (DCC) specializes in providing check scanning equipment to banking and financial markets around the world through a network of systems integrators, resellers, and solution providers. Digital Check has manufacturing in the U.S. and Europe with a growing list of service providers around the world. Through their line of TellerScan and Buic check scanners, Digital Check is a leading provider of branch and teller scanners worldwide. For more information about Digital Check, visit their web site at: www.digitalcheck.com

Trademarks

eCapture, ecIndex, and ecCheckScan are trademarks of Captovation, Inc. in the United States. Other company or product names may be trademarks of others.