Panini Continues to Lead Industry with New Maintenance Strategy.

Superior Device Quality Allows Significant Changes to Panini Maintenance Program

DAYTON, Ohio -- Panini, the market leader in distributed check capture, is changing the way banks and partners will service deployed My Vision X[TM] check scanners. The company is launching a new maintenance program at the Bank Administration Institute's TransPay Conference and Expo in Orlando, Florida this week. The new program provides an exciting combination of services accompanied by a significant price reduction and access to Panini's best-in-class service and support staff.

Panini's new maintenance program includes the bundling of Advanced Unit Exchange (AUE). With AUE, Panini provides a replacement check scanner while the customer's My Vision X[TM] is shipped to the Panini Depot Repair Center for service - maximizing system availability. The new maintenance package also provides access to major and minor firmware/API releases, hardware services, documentation, and web access to Panini service materials.

The superior quality and reliability of the Panini My Vision X, proven by the nation's top banks, is the unique and enabling foundation for Panini's dramatic change in maintenance structure and pricing; providing customers and partners with a lower total cost of ownership. With deployed device acceptance rates at 99.7% in 2006, Panini continues to set the standard for the industry in the critical areas of out-of-box quality and field reliability.

"Panini's commitment to total quality, through programs such as our ISO-9000 certification and Q-Test Quality Testing Procedures, allows us to provide this valuable program to our customers and partners," states Doug Roberts, President, Panini North America. "It is exciting to be in the unique position to offer our customers more value at a lower cost via our new combination of maintenance services."

For additional information on Panini's new maintenance program, please contact Greg Brown, Product Marketing Manager, at 937.291.2195 x29 or [e-mail].

Panini's My Vision X solution portfolio has been widely accepted by financial institutions as the standard for distributed check capture and confirmed by Celent as the market share leader with two-thirds of the installed check scanners in the distributed capture market1.

About Panini

Founded in Turin, Italy, Panini has a successful sixty year history of enabling clients to capitalize on shifts in the global payments processing market. Panini has a rich history of technology innovation, leveraging the company's expertise in research & development. With state-of-the-art engineering resources and ISO-9000 quality certified production, Panini will continue to deliver market leading solutions. Panini North America, established as a wholly owned subsidiary in 1995, offers check capture solutions that help customers fully realize the advantages and efficiencies available with the digital transformation of the paper check. Panini's scalable check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter, corporate capture, cash vault, microfilm replacement and remittance processing. For more information please call 937.291.2195 or visit www.panini.com.

1 Based on Celent research conducted October 2006 among top 100 U.S. Banks for distributed check capture (branch, corporate), inclusive of all Panini sales channels.