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UNISYS AND LITTLEWOOD SHAIN TEAM UP TO DELIVER SPECIALIZED CONSULTING SERVICES TO BANKS CONSIDERING CHECK IMAGING TECHNOLOGY

 UNISYS AND LITTLEWOOD SHAIN TEAM UP TO DELIVER SPECIALIZED
 CONSULTING SERVICES TO BANKS CONSIDERING CHECK IMAGING TECHNOLOGY
 BLUE BELL, Pa., Dec. 18 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) and Littlewood, Shain & Company today announced they will work together to deliver specialized consulting services to financial institutions considering investment in Unisys check imaging technology.
 A Need for Specialized Consulting Services:
 When considering an investment in check image technology, bank management often needs additional expertise to assist in evaluating and preparing a comprehensive image check business plan. To assist bank management, Littlewood, Shain & Company will work with Unisys to:
 -- Develop a business case analysis for implementing image processing, including identification and assessment of image-based opportunities, workflow modeling, quantification of benefits, and financial analysis.
 -- Assist financial institutions in developing profit-enhancement strategies for float and deposit products.
 -- Perform operational and clearing analysis to identify cost- improvement opportunities in item processing.
 John Shain, president of Littlewood, Shain & Company, said, "The teaming of Unisys and Littlewood Shain provides bank management with the industry's best available resources to ensure a successful approach to building a profitable imaging strategy."
 The team of Unisys and Littlewood, Shain & Company will help financial institutions leverage the check imaging investment. Specifically, check imaging enables a financial institution to generate new fee income, expand its business opportunities, differentiate its products, enhance the quality and timeliness of customer services, and reduce additional non-interest expense.
 Unisys director of InfoImage payment systems marketing, Brian Blair, commented, "Littlewood, Shain & Company has a proven track record in check imaging consulting and we are pleased to be working with them. We are certain that our cooperative efforts will result in sound business case development and strategic planning for check imaging implementation."
 The State of the Check Image Market:
 Image check processing technology is rapidly evolving. Several banks using the Unisys InfoImage Image Item Processing System (IIPS) have successfully implemented image-enabled proof-of-deposit during the past year. Initial results have been impressive, with business projections meeting or exceeding the users' original business plans.
 Additional capabilities for check image platforms, such as image export and image statements, will have a profound effect on the development of new banking products marketed by cash management, correspondent banking, and commercial services departments.
 Leveraging Check Imaging Investment Opportunities:
 From a financial perspective, the business case for acquiring check imaging systems has shown excellent unit cost advantages, when compared to conventional processing methods. However, most business cases have been based on cost-savings assumptions as the only factors used to finalize financial justifications. With the identification of new, revenue-generating banking products made possible by check imaging, banks need to make a comprehensive analysis of total potential impact, including the existing need for imaging and the opportunity for leveraging an imaging investment.
 Littlewood, Shain & Company (LSC), headquartered in Exton, Pa., provides financial institutions with consulting services, products, and publications related to cash management and check processing. LSC services over 200 banks in the United States in the areas of check processing, float management, and customer profitability. LSC developed the banking industry's original float analysis check clearing management tool -- The Check Services Model -- currently used by more than 75 major banks.
 Unisys is a registered trademark and InfoImage is a trademark of Unisys Corporation.
 /delval/
 -0- 12/18/91
 /CONTACT: J.K. Maxfield of Unisys, 215-986-2243, or Ned Miltko of Littlewood, Shain & Company, 215-524-0400/
 (UIS) CO: Unisys Corporation; Littlewood, Shain & Company, ST: Pennsylvania IN: CPR SU: JVN


LJ -- PH002 -- 3279 12/18/91 09:09 EST
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Date:Dec 18, 1991
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