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BANCTEC SELLS DOCUMENT PROCESSING WORKSTATIONS VALUED AT $5.7 MILLION

 DALLAS, April 26 /PRNewswire/ -- BancTec, Inc. (NASDAQ: BTEC) announced today that it has recently received orders valued at $5.7 million for workstation-based document processing systems. Contracts for the company's 9400 Document Processing System have been received from Public Service Electric & Gas Company, Deposit Guaranty Corp., Internal Revenue Service, PNC Corp., Canadian Imperial Bank of Commerce, Commerce Bank of Kansas City, Northern States Power Company and Tucson Electric Power Company. Orders for BancTec's model 4300 multi-application Document Processing System were received from Household International and Texas Commerce Bank.
 BancTec is a leading provider of workstation solutions for remittance payment processing and rejected check repair. There are currently over 1,600 of the company's model 9400 and model 4300 document processing systems installed in North America. BancTec's workstation products are used by banks, telephone companies, gas and electric utilities and companies in many other industries to efficiently process checks, remittance payments, sales drafts and related documents.
 Grahame N. Clark Jr., BancTec's chairman and chief executive officer states, "We are continuing to develop both image and non-image workstation-based solutions for our customers. Even though many document processors are beginning to transition to high-speed ImageFIRST(R) systems, there is a strong market for quality workstation- oriented solutions. The 9400 and the 4300 are acknowledged leaders in the document processing industry and we have recently added several advanced features to allow selected workstation applications to take advantage of PC and LAN technologies. We're looking forward to continuing our leadership position in the design, development and production of document processing workstations."
 BancTec, Inc. is a leading worldwide provider of integrated financial transaction processing systems, applications software and support services. BancTec develops turn-key document image processing and data capture solutions for a variety of 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- 4/26/93
 /CONTACT: Gary Robinson, senior vice president and chief financial officer of BancTec, Inc., 214-450-7753/
 (BTEC)


CO: BancTec, Inc. ST: Texas IN: FIN SU: TNM

TS -- NY063 -- 0638 04/26/93 11:27 EDT
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Publication:PR Newswire
Date:Apr 26, 1993
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