TROY 24 ppm MICR printer based on HP LaserJet 5Si -- 'printer of choice for large workgroups'; check printing in networked environments.SANTA ANA, Calif.--(BUSINESS WIRE)--May 8, 1996--Responding to growing demand within large departments and networks for fast, affordable laser printers used in high-volume check printing applications (e.g. payroll, accounts payable, insurance claims benefits), TROY Systems Inc. Wednesday broadened its product line of desktop check printers with the 24 ppm TROY 524 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. Printer. TROY, with headquarters in Santa Ana, based its TROY 524 MICR printer on the HP LaserJet 5Si printer, designated by BYTE Magazine as the "best low-cost printer on the LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. " and "the printer of choice for large workgroups" (January 1996). With the new TROY 524 MICR printer, check providers printing on the LAN/WAN LAN/WAN Local Area Network/Wide Area Network get a fast, multi-user network printer at the low end of the price range ($6,995). The printer is competitive with more expensive 25-to-32 ppm printers, but at a significantly lower price. The TROY 524 printer provides complete check printing -- including MICR (magnetic ink character recognition (business, printer) Magnetic Ink Character Recognition - (MICR) A character recognition system using special ink and characters which can be magnetised and read automatically. ) encoding, logo and signature -- from blank cut sheet check stock. It offers financial control, security and remote check disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money. 2. capability with minimal changes to most accounting and cash management software. The printer is designed with a 100,000 page-per-month duty cycle to handle high-volume printing runs in both local and remote applications. Bidirectional printer communications enable users to track check printing jobs over a LAN in real time. The TROY 524 printer is the latest release in a series of TROY MICR products for the desktop check printing market developed in alliance with Hewlett-Packard Co. TROY serves as HP's exclusive U.S. source for MICR solutions based upon the popular HP product line of desktop LaserJet printers. The TROY MICR printer line includes: High-End (20-100k checks per month) 24 ppm TROY 524 MICR Printer, $6995 Mid-Range (10-20k checks per month) 12 ppm TROY 512 MICR Printer, $3295 Low-End (1-10k checks per month) 6 ppm TROY 506 MICR Printer, $1799 "With this entry into the networking arena, TROY has now extended our product line to cover the range of desktop check printing needs," said Robert S. Messina, TROY's executive vice president/general manager. The TROY 524 MICR printer provides 600 x 600 dpi printing resolution, can handle 11 x 17 inch paper, and comes with bidirectional The ability to move, transfer or transmit in both directions. management software that supports real-time monitoring and control of the printer by administrators and users. TROY's exclusive "personality" single in-line memory module See SIMM. (storage) Single In-line Memory Module - (SIMM) A small circuit board or substrate, typically about 10cm x 2cm, with RAM integrated circuits or die on one or both sides and a single row of pins along one long edge. (SIMM), with MICR fonts and other features required for MICR printing, actually alters the functionality of the HP LaserJet printer in ways that are critical for MICR applications sensitive to security and print-quality demands. The TROY 524 MICR printer features 4MB RAM, a 40MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. RISC-based processor with cache, enhanced HP PCL (Printer Command Language) The page description language for HP LaserJet printers. It has become a de facto standard used in many printers and typesetters. PCL Level 5, introduced with the LaserJet III in 1990, also supports Compugraphic's Intellifont scalable fonts. 5, genuine Adobe PostScript Level 2 language (optional), and 45 scalable typefaces. In addition, TROY and HP have developed print job language (PJL (Printer Job Language) A printer command language from HP that adds control for individual print jobs and also includes the ability to set printer default settings. See PCL. ) commands for MICR mode activation and password protection. TROY Systems Inc. is based in Santa Ana, Calif. A full-service MICR supplier, TROY maintains a worldwide leadership position in MICR technology and computerized MICR printing systems. The company's products are available in the United States through TROY value-added resellers and major distributors. For more information, contact TROY at 714/250-3280 or 800/944-6757. CONTACT: Madden Communications Ned Madden, 714/863-0404 or TROY Thuy Davis 714/250-3280; 800/944-6757 (toll free) |
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