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BANCTEC ANNOUNCES ACQUISITION OF SPRINGFIELD COMPUTER CONSULTANTS, INC.

BANCTEC ANNOUNCES ACQUISITION OF SPRINGFIELD COMPUTER CONSULTANTS, INC.
 DALLAS, Aug. 25 /PRNewswire/ -- BancTec, Inc. (NASDAQ: BTEC) announced today that it has acquired Springfield Computer Consultants, Inc., which markets under the name of Access Banking Systems (Access), for approximately $2.9 million. Headquartered in Springfield, Mo., Access is a provider of retail customer banking hardware and software to small and medium size banks and has annual revenues of approximately $6.0 million with a customer base concentrated primarily in the Midwest. The Access acquisition will complement the prior year acquisition by BancTec of Monitronics, a supplier of banking hardware and software for proof-of-deposit check processing applications. The combination of these two companies will provide a full range of software applications that will be marketed nationwide to community banks and the thrift industry.
 BancTec, Inc. is a leading worldwide provider of integrated financial transaction processing systems, application software and support services. BancTec develops turn-key document image processing and data capture solutions for the banking, financial services, insurance, government, utility, telecommunications and retail industries. The company also designs, manufactures and markets document processing equipment for OEM customers and provides third-party maintenance and support services for local area networks and personal computers.
 -0- 8/25/92
 /CONTACT: Gary Robinson, vice president and chief financial officer of BancTec, 214-450-7753/
 (BTEC) CO: BancTec, Inc.; Springfield Computer Consultants, Inc. ST: Texas, Missouri IN: CPR SU: TNM


TM -- NY082 -- 3224 08/25/92 17:42 EDT
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Publication:PR Newswire
Date:Aug 25, 1992
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