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Panini Announces Agreement with TASQ Technology.

TASQ Offers Single Source Solution with the Panini My Vision X

DAYTON, Ohio -- Panini, the leader in the transformation of paper checks into digital advantage, is announcing an agreement with TASQ Technology, a subsidiary of First Data Corp and one of the largest providers of Point of Sale (POS) and check scanner equipment and services in North America. TASQ has added the Panini My Vision X check scanner to their single-source solution for Remote Deposit Capture (RDC), providing customers with the hardware, support and services necessary for successful distributed capture implementations.

"We recognize that check capture technology is one of the most important developments in the U.S. Banking Industry," says Earney Stoutenburg, president, TASQ Technology. "We added Panini to our RDC solution because they're a leading hardware provider in Check 21 environments and have a proven track record of turning out a reliable product."

TASQ will provide the Panini My Vision X through a variety of purchase, rental and lease options while offering a suite of customer services including phone training, fulfillment service, call center services, supplies and inventory management. Additionally, TASQ will continue to offer a wide range of service programs that complement their RDC solution, including asset and warranty management.

"TASQ is an industry leader in providing RDC solutions and deployment services to the banking industry," adds Kevin Kunz, Director of Sales, Panini North America. "We are pleased the Panini My Vision X is an integral element of their check capture solution."

Panini offers check capture solutions with unparalleled image capture quality, MICR read rates, document handling capabilities, and device reliability. The company's My Vision X solution portfolio has been widely accepted by financial institutions as the standard for distributed check capture.

About Panini

Founded in Turin, Italy, Panini has a successful sixty year history of enabling clients to capitalize on shifts in the global payments processing market. Panini has a rich history of technology innovation, leveraging the company's expertise in research & development. With state-of-the-art engineering resources and ISO-9000 quality certified production, Panini will continue to deliver market leading solutions. Panini North America, established as a wholly owned subsidiary in 1995, offers check capture solutions that help customers fully realize the advantages and efficiencies available with the digital transformation of the paper check. Panini's scalable check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter, corporate capture, cash vault, microfilm replacement and remittance processing. For more information please call 937.291.2195 or visit www.panini.com.

About TASQ Technology

TASQ Technology, a subsidiary of First Data Corporation (NYSE:FDC), is one of the largest providers of Point of Sale (POS) equipment and services in North America. For over a decade, TASQ has been known as a premier one-source solution for deployment, call center services and supplies. TASQ's high quality, single-source solutions and progressive end-to-end service offerings allows the company to provide its customers - Financial Institutions, transaction processors, and ISO's alike - with all of the equipment, support and service necessary to be successful. For more information, visit www.tasq.com and www.firstdata.com.
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Publication:Business Wire
Date:Nov 1, 2006
Words:513
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