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Panini North America Adds Receipt Printing Capability to My Vision X(TM); Only Company to Offer an Integrated Check Scanner and Receipt Printer.


DAYTON, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873.  -- Panini Panini (pä`nēnē), fl. c.400 B.C., Indian grammarian. His Ashtādhyāyī [eight books] (tr. 1891) is one of the earliest works of descriptive linguistics and is also the first individually authored treatise on Sanskrit.  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.  is the first company to combine advanced check scanning capabilities and receipt printing into one device with the announcement of the Advanced Graphic Printing (AGP (Accelerated Graphics Port) A high-speed 32-bit port from Intel for attaching a display adapter to a PC. It provides a direct connection between the card and memory, and only one AGP slot is on the motherboard. ) capability on the Panini My Vision X(TM) scanner. AGP offers the ability to print up to four lines in two columns, and was specifically designed for customer receipt printing.

This new cost effective solution provides an additional component to the compelling business case for distributed image capture by eliminating the capital, maintenance, and supplies costs associated with a separate receipt printer. The AGP function continually validates items without the additional requirement for high priced roll-tape, and has already been adopted in a large bank environment by The Northern Trust Company.

"Northern Trust needed a cost effective, high quality imaging solution with a built-in receipt printer that could accommodate the needs of multiple users, occupy a small space, and reliably handle a variety of transaction volumes in different branch locations," says Mike Valdez, vice president, Northern Trust Personal Financial Services. "We believe we've found the perfect solution with the Panini My Vision X."

Dave Youngerman, president, Panini North America adds, "We will continue to listen to our customers and focus on innovation that enables banks to lower costs while improving service opportunities. As a result, we are now releasing the only scaleable check scanner in the industry with an integrated receipt printer."

The Panini My Vision X(TM) with the integrated AGP receipt printer will be featured in booth #745 during the BAI n. 1. a language spoken in the Dali region of Yunnan.

Noun 1. Bai - the Tibeto-Burman language spoken in the Dali region of Yunnan
Baic
 Retail Delivery Conference & Expo at the Orange County Convention Center The Orange County Convention Center (OCCC) is the primary public convention center in Central Florida. The large complex is located on International Drive, a major tourist area in Orlando, Florida. , Orlando FL (November 15-17).

A compact, yet powerful check scanner, the Panini My Vision X(TM) reads the check 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.  line and captures a high quality, digital image of the front and back of the check. The small footprint, sleek design, and quiet operation of the device allow for easy placement at the branch or in the corporate office location. This year, Panini North America has sold over 40,000 My Vision X scanners.

About Panini

Founded in 1945 in Turin, Italy, Panini has a successful sixty year history of enabling clients to capitalize on shifts in the payments processing market. Panini North America, established as 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.
 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 North America'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.
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Publication:Business Wire
Date:Nov 8, 2005
Words:439
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