VisionShape Distributes Jara Diversified Services' Draft Conversion Plus -ARC- & Draft Control Processing Systems Software; ARC Remittance Demonstration at TAWPI show.Business Editors TAWPI (The Association for Work Process Improvement, Boston, MA, www.tawpi.org) A membership organization dedicated to the improvement of work processes in data capture, document and remittance processing. Show Booth No. 208 CHICAGO--(BUSINESS WIRE)--June 7, 2004 VisionShape announced an agreement to become a national VAR for Jara's Draft Conversion Plus(TM) for ARC (Accounts Receivable Conversion), and Draft Control Processing System(TM) for the financial services market. VisionShape also announced the integration of their CS 500 and CS 550 desktop check scanners with the Jara software. "With the addition of Jara's software we can offer our resellers and customers a full range of low volume check processing solutions whether ARC for remittance processing, or Check 21 compliant processing to financial institutions of any size," said Warren D'Avirro, Vice President of VisionShape. "Our customers can select from a wide selection of hardware as we offer a comprehensive range of check scanners - our own CS line, 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 , 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. (Digital Check Corporation), and Aim/SEAC scanners. The CS 500 and CS 550 scanners are ideal for the type of small office check processing used in distributed ARC and Check 21 installations." Stephen Jara, President of Jara Diversified Services, said, "Our product has been selling very well. We would like to make it available to more institutions and we think a great method of doing that is using VisionShape's distribution network. VisionShape has a comprehensive knowledge of check scanning, and has been selling desktop check scanners for the last 5 years - they have the contacts and connections nationwide to further promote the product. We look forward to working with them to increase the Jara user base." VisionShape will be showing Jara's complete ARC solution at their Booth #208 at the TAWPI Show to capture and process the images of the check and remittance stub. A TS 350 scanner will image the checks and payment stubs while capturing the 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. Jara's Draft Conversion Plus will perform the post processing, including check repair, MICR recognition, ICR (Intelligent Character Recognition or Image Character Recognition) The machine recognition of hand-printed characters as well as machine printing that is difficult to recognize. for non-MICR information on checks, remittance stubs and financial institution internal documents. About Draft Control Processing System and Draft Conversion Plus Draft Conversion Plus is a low-cost, high-quality solution for Accounts Receivable Conversion that uses check image readers to capture check and remittance stub information. MICR line information is converted into ACH form for clearing, and remittance stub information is captured to facilitate accounts receivable updates. Draft Control Processing Systems ("DCPS DCPS District of Columbia Public Schools DCPS Duval County Public Schools DCPS Defense Civilian Pay System (US DoD) DCPS Digital Copy Protection System DCPS Defense Civilian Payroll System DCPS Data-Centric Publish-Subscribe ") is a low-cost, high-quality solution for Day 1 and Day 2 transaction processing for financial institutions that provides support for operations under the new 'Check 21' legislation. DCPS supports branch and centralized check image capture, posting, transit operations, and archiving. The Draft Conversion Plus and Draft Control Processing Systems are designed to save time and overhead cost. Image Character Recognition and auditing functions facilitate accuracy and error correction. A powerful Export Utility accommodates most general ledger and other accounting programs without costly customization. About Jara Diversified Services Jara Diversified Services is a privately owned technology provider in the electronic payments industry. We offer consulting services and market NACHA NACHA National Automated Clearing House Association NACHA National Agency Clearing House Association compliant software for Accounts Receivable Conversion ("ARC") services via the Automated Clearing House See ACH. Network ("ACH") and Federal Reserve Banking System, and Check21, COF and ECCHO ECCHO Electronic Check Clearing House Organization ECCHO Emerald Coast Coursing Hound Organization (Florida) compliant software for check truncation and Day 1 and Day 2 processing for financial institutions. We have worked with Fortune 100 companies and financial institutions to create software, hardware and service-based solutions for their payment processing systems. For more information, please visit the company's Web site at www.jaradiversifiedservices.com. About VisionShape VisionShape, a fully owned subsidiary of Peripheral Dynamics Inc (www.pdiscan.com), designs scanner software and software toolkits for production document imaging, forms processing users and developers of document imaging or capture solutions. Its products include high performance page and check scanners, industry leading barcode reading, image manipulation, character recognition and OMR (Optical Mark Reader) A scanner that reads marks on specific areas of the page. See mark sensing. OMR - Optical Mark Reader , as well as browser based image viewing software with OCR OCR in full optical character recognition Scanning and comparison technique intended to identify printed text or numerical data. It avoids the need to retype already printed material for data entry. , PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. and e-mail features. Information on VisionShape and its products can be found at: www.visionshape.com VisionShape is a trademark of VisionShape Inc. All other companies and products mentioned are trademarks or registered trademarks of their respective companies. |
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