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Source Technologies Announces Smart Printer with Embedded Server; Charlotte-based MICR Industry Leader Releases First in a Series of Intelligent, High-Performance Desktop Printers
[October 11, 2005]

Source Technologies Announces Smart Printer with Embedded Server; Charlotte-based MICR Industry Leader Releases First in a Series of Intelligent, High-Performance Desktop Printers


CHARLOTTE, N.C. --(Business Wire)-- Oct. 11, 2005 -- Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announces the availability of the ST9530 desktop MICR printer, the first in a series of intelligent, high performance printers with built-in server technology.

The ST9530 features improved duty cycles and higher toner yields, along with embedded server technology that enables remote monitoring of the printer from any location.

"With secure IP access to the printer, you are never more than a click away from real-time status information on the function of your printer," said Miles Busby, President, Source Technologies. "The embedded server also provides a direct link to Source Technologies' web site for consumables management, fulfillment and technical support."


This new generation of printers also includes MICRpoint(TM) technology, which allows for repositioning of the MICR line at the printer's control panel. "The ability to adjust the MICR line at the printer eliminates the need for time-consuming and complicated programming, prevents costly rejects and improves readability," added Mike Bailey, VP Engineering, Source Technologies.

As with all of Source Technologies' MICR printer products, exceptional dependability and print quality are guaranteed. Every one of Source Technologies' printers is supported by their MICR Check Printing Performance Guarantee, which ensures the MICR readability of documents produced on its printers when used in conjunction with Source Technologies' MICR toner and approved check stock.

About Source Technologies

Founded in 1986, Charlotte, N.C.-based Source Technologies is a leading provider of integrated solutions for managing financial transactions and other secure business processes. In addition to its family of magnetic ink character recognition (MICR) printers and consumables, Source Technologies offers secure disbursement software and the groundbreaking concourse(TM) family of branch automation and self-service solutions. Customers include nine of the top ten U.S. Banks, plus hundreds of Fortune 1000 and mid-sized companies. Source Technologies has created more than $400 million in economic value for its customers in the last ten years. For more information, visit www.source-us.com.

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