CheckWorks Expands its Image Archive and Distribution Solutions in Response to Market Endorsement and Growing Customer Base.Business Editors/High-Tech Writers ATLANTA--(BUSINESS WIRE)--Sept. 22, 2003 Product restructuring reflects imminent changes in the face of document imaging CheckWorks, Inc., a Georgia-based enterprise-wide document imaging solutions company for financial institutions, announced that it is extending its document and check image solutions for financial institutions, client application and vendor archives in three specific directions: ImageExplorer(TM) Enterprise and ImageExplorer Network; Image Utilities and ImageInsight(TM) viewers; and integration solutions to bank applications. This restructuring of the company's product direction is designed to offer more comprehensive solutions to CheckWorks customers, which includes many of the top 25 financial institutions 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. . CheckWorks solutions work with products developed by Viewpointe Archive Services, 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) , Sterling Commerce, Verisign, Computer Sciences Corporation, Magnet Communications, Corillian and Micrographic mi·cro·graph n. 1. A drawing or photographic reproduction of an object as viewed through a microscope. 2. An instrument used to make tiny writing or engraving. Sciences, Inc. ImageExplorer Enterprise and ImageExplorer Network are designed to offer financial institutions a full check image solution suite for both internal and enterprise-wide application. Image Utilities and ImageInsight viewers provide specific solutions for all aspects of image retrieval An image retrieval system is a computer system for browsing, searching and retrieving images from a large database of digital images. Most traditional and common methods of image retrieval utilize some method of adding metadata such as captioning, keywords, or descriptions to the , distribution, enablement and management. The integration solutions to bank applications - which include item processing, customer service and call center applications - meets the needs of bank/client applications as well. "We have drastically reduced the expense of implementing an image strategy for financial institutions," says Allan Edmonds, president and co-founder of CheckWorks. "We allow the bank to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. its existing image archives, whether they are internal or external to the enterprise. This way, they can focus on their customer service, productivity and revenue opportunities." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Edmonds, the discovery phase for many financial institutions embarking on enterprise-wide image access has been surprising. "As banks have begun to explore the possible use of image throughout the organization, not only for research but for generating revenue and improving customer service, they found that they have a higher number of archives in more image formats than they realized they had. The idea of consolidating them can be overwhelming." CheckWorks' ImageExplorer solutions are robust, platform- and archive-independent image suites that deliver images from multiple archives to any desktop within seconds. This enables bank personnel to take advantage of research and customer service utilities that streamline their efforts, as well as bank customers who want to view images through their Internet banking and treasury management applications. Along with its full image solution suite, CheckWorks has continued to provide its specialized middleware Software that functions as a conversion or translation layer. It is also a consolidator and integrator. Custom-programmed middleware solutions have been developed for decades to enable one application to communicate with another that either runs on a different platform or comes from a solutions to facilitate integration with bank-client and image archive vendors. Despite current wranglings on Capital Hill, the passage of Check 21 seems inevitable. With its passage, substitute checks will become legalized and check truncation for image statements and image presentment to other institutions will become the norm. This has created urgency among financial institutions to resolve the issue of enterprise-wide and archive-independent image access, distribution and management. "The cost of inaction in·ac·tion n. Lack or absence of action. inaction Noun lack of action; inertia Noun 1. will be high," Edmonds stresses. "It is in the best interest of financial institutions that they have solutions in place prior to the foreseeable fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. enactment of the Check Truncation Act. Our product repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. reflects our continued commitment to support financial institutions and vendors as they image-enable their applications and environments." About CheckWorks Inc. CheckWorks is a document image technology firm, supporting financial institutions, image vendors and archive providers with image access and distribution solutions. Solutions are designed to minimize the complexity involved in implementing cross-application image browser browser Software that allows a computer user to find and view information on the Internet. The first text-based browser for the World Wide Web became available in 1991; Web use expanded rapidly after the release in 1993 of a browser called Mosaic, which used , viewer and management applications across the enterprise. Visit CheckWorks on the Web at www.checkworks-inc.com. |
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