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NetDeposit to Sell Digital Check's TellerScan Products; Digital Check's Scanners to Enhance NetDeposit's Capture Option for Electronic Check Capture.


NORTHFIELDS, Ill. -- Digital Check Corporation (www.digitalcheck.com) announced today that NetDeposit, Inc. (www.net-deposit.com) will resell the full range of TellerScan(R) compact desktop check scanners, and will integrate the TellerScan compact desktop check scanners with all of NetDeposit's NetCapture(TM) family of products.

NetDeposit's Franchise Building Technology Platform allows checks to be captured at remote locations and sent electronically to the financial institution for clearing. NetDeposit's NetCapture family of products enables corporate customers, bank branches, correspondent banks and cash vaults to electronically capture checks remotely. The company's solutions not only capture the check image and 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.  information, but also assure the quality of the image and MICR.

"Digital Check is a leader in the desktop scanning market and has a known reputation for providing quality products," said Danne L. Buchanan, 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.  at NetDeposit. "This is extremely important in a remote capture environment where our bank customers will support hundreds and maybe thousands of remote hardware devices."

Digital Check's TellerScans are used in a wide variety of payment processes around the globe and are the scanner of choice in Singapore's Check Truncation System, the world's first end-to-end check image exchange. The TellerScans are also used in payment systems where the check image is captured and then converted to a direct debit direct debit
Noun

an order given to a bank or other financial institution by an account holder to pay an amount of money from the account to a specified person or company at regular intervals

direct debit n
, for example under NACHA's ACH rules in the USA.

"We are very pleased that NetDeposit has decided to integrate Digital Check's TellerScans with their software," said John Gainer, Executive vice-president of sales and marketing at Digital Check. "Our US-built scanners are produced with the high quality required to support NetDeposit's solutions. NetDeposit's unique position in the market to assist their customers in remotely capturing checks makes their solutions particularly germane ger·mane  
adj.
Being both pertinent and fitting. See Synonyms at relevant.



[Middle English germain, having the same parents, closely connected; see german2.
 to today's fast changing payments environment. The TellerScans, with the new Check 21 compliant API, capture clear legible images to facilitate the electronic processing of checks in the new C21 Marketplace."

About NetDeposit, Inc.

NetDeposit, Inc., an innovator of Check 21 software, through its Franchise Building Technology Platform, delivers the power and promise of check electronification to financial institutions, third party processors and corporations. NetDeposit's NetCapture(TM) and NetConnect(TM) solutions help financial institutions take advantage of the new marketplace enabled by enactment of the Check 21 legislation -- the C21 Marketplace. The company's solutions include tools for distributed capture as well as sorting and routing of electronic items.

For over three years, NetDeposit has been remotely capturing and electronically routing items, and currently powers two of the nation's largest IRD IRD Institut de Recherche pour le Développement (French)
IRD Inland Revenue Department (New Zealand's tax revenue collection department)
IRD Integrated Receiver Decoder
 print networks. The company has processed millions of electronic items. NetDeposit, an experienced leader in the financial software industry, provides solutions that help financial institutions win in the C21 Marketplace.

NetDeposit is a wholly-owned subsidiary of Zions Bancorporation Zions Bancorporation (NASDAQ: ZION) is a member of the S&P 500, a bank holding company headquartered Salt Lake City, Utah. Its star subsidiary is NSB Public Finance.  (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:ZION), located in Salt Lake City, UT and San Mateo San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , CA. For information call 1 (801) 273-6067, email: info@net-deposit.com or visit www.net-deposit.com.

About Digital Check

Digital Check Corporation (DCC (1) (Direct Cable Connection) A Windows 95/98 feature that allows PCs to be cabled together for data transfer. DCC actually sets up a network connection between the two machines. ) is the leading manufacturer of compact countertop check scanners. This privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 was founded in 1959, and renamed Digital Check Corporation in 1995 to specialize in check imaging scanners targeted at the banking, point-of-sale and financial marketplaces. DCC is the manufacturer, at its plant in Rancho Cucamonga, CA, of the market leading Tellerscan(R) product line, including TS 200, TS 210, TS 220, TS 300, TS 350, and TS 400ES, and is a North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 distributor of BUIC BUIC Bangkok University International College
BUIC Backup Intercept Control
BUIC Back Up Interceptor Control
BUIC Basic Units of Information and Communications
BUIC BUPERS Unit Identification Code
 scanners. DCC check scanners, along with the DCC 'Check 21' compliant API, are being used by most banking software vendors involved in Check 21 implementations. For further information, please call 847-446-2285, e-mail: info@digitalcheck.com, or visit our web site at: www.digitalcheck.com.

TellerScan is the registered trademark of Digital Check Corporation. NetDeposit, NetCapture and NetConnect are trademarks of NetDeposit, Salt Lake City, UT. All other brand and product names are registered trademarks, trademarks or servicemarks of their respective holders.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 17, 2005
Words:645
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