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THE BANK OF SCOTLAND PURCHASES BANCTEC 5500 TPS CHECK CLEARING SYSTEM

THE BANK OF SCOTLAND PURCHASES BANCTEC 5500 TPS CHECK CLEARING SYSTEM
 DALLAS, Feb. 19 /PRNewswire/ -- BancTec, Inc. (NASDAQ: BTEC) announced today that it has received an order from the Bank of Scotland for approximately $3.7 million.
 The bank, headquartered in Edinburgh, will utilize four BancTec 5500 Reader Sorters in its Edinburgh clearing center and two BancTec 5500 Reader Sorters in its London clearing center. In addition, BancTec's Transaction Processing System (TPS) software will be customized to the bank's requirements for host independent check clearing in Edinburgh and London.
 All BancTec 5500 Systems have been configured with power encoders to enable the bank to encode transactions that have been captured through its on-line branch network.
 TPS is one of the new generation of software applications being developed by BancTec based on open system architecture and will provide the bank with a clear migration path to image processing.
 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- 2/19/92
 /CONTACT: Gary Robinson, vice president and chief financial officer of BancTec, 214/450-7713/
 (BTEC) CO: BancTec Inc.; Bank of Scotland ST: Texas IN: FIN SU: CON


CK -- NY050 -- 0456 02/19/92 12:30 EST
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Publication:PR Newswire
Date:Feb 19, 1992
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