VisionShape Introduces CS-500 Family of Check and Small Document Scanners.

PLACENTIA, Calif.--(BUSINESS WIRE)--May 27, 1999--

VisionShape, a leader in document scanners, today introduced a new line of desk-top check and small document scanners. These are based on the popular BUIC 1500 check scanner but have been adapted by VisionShape to support a broader range of document types and applications.

The CS-500 series consists of three desktop production scanners.

The CS-500 is a desktop duplex check scanner designed for financial transaction applications in banks, credit unions, remittance processing centers and casinos. Apart from standard retail banking, suitable applications include tax collection, travelers checks and many others. The scanner provides simultaneous image capture from both sides of the document with the capture of the magnetically encoded MICR data line that is printed at the bottom of all checks. The CS-500 supports both the CMC-7 MICR code popular in Europe and South America and the E13-B fonts used in the US and UK.

The CS-500 can scan up to 60 checks or 120 images per minute and includes MICR data line recognition; a built-in automatic feeder for 200 checks. Options for programmable printing on the back of the check and/or endorsement with a stamp on the front of the check are also available.

The CS-500-10 and CS-500-20 models are smaller desktop check and small document scanners which do not include MICR reading. The simple transport allows these models to handle a whole range of small documents such as vouchers, coupons and credit cards slips. Both models scan at a rate of 60 documents per minute. The 500-10 scans both sides in one pass while the 500-20 scans one side of the document.

Both the CS-500-10 and 500-20 are also ideal as the scanners for automated data collection or forms processing of these smaller documents, due to the excellent skew-less transport. A key feature is the exit tray of these models, which is designed to accommodate documents longer and thicker than checks.

All the models interface over a SCSI link for both images and data information and can be integrated using an API or VisionShape OCX tool-kit. ISIS drivers are also available. For those requiring simple implementation, VisionShape's AutoScan batch scanning software is available.

Dan Borrey Vice President Sales and Marketing at VisionShape said, "VisionShape is expanding its market reach into specialized areas, such as the processing of checks and small documents. We are doing this through strategic alliances with several forms processing companies such as Captiva and Mitek, and through several vendors of CD publishing software such as LaserFiche. The CS-500 series provides us with a wider range of scanning products for these markets".

All CS-500 models are available immediately and can be ordered from VisionShape directly or through VisionShape's approved resellers. Quantity one pricing in the US for the CS-500 is $6,750. The 500-20 simplex unit starts at $6,000, and the 500-10 starts at $6,250. All include a one-year warranty.

VisionShape designs scanners and software toolkits for production document imaging and forms processing systems. Its products include high performance page and check scanners, industry leading barcode reading, image manipulation, character recognition and OMR as well as image viewing software for the Internet with unique OCR features.

For more information please contact Dan Borrey at VisionShape (Phone: [phone], FAX: [phone]), or via e-mail at [e-mail]. Information on VisionShape is available on the worldwide web at http://www.visionshape.com