| [January 31, 2006] |
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Panini North America Announces Agreement with Ingenico; Ingenico Offers Comprehensive Financial Services Solution Based On Panini My Vision X(TM)
DAYTON, Ohio --(Business Wire)-- Jan. 31, 2006 -- Panini North America, a subsidiary of Panini S.p.A., is announcing an agreement with Ingenico, a leading provider of electronic payment terminals. Ingenico will utilize the Panini My Vision X(TM) check scanner to offer a comprehensive financial services solution.
Ingenico needed a dual-sided check imager to complete their check and banking automation product lines. "We provide solutions for markets that demand optimal security and efficiency," says Geoff Bowen, president, Ingenico North America. "We are pleased to offer the Panini My Vision X as an integral component of our solution portfolio because it already has a proven track record of success."
"Panini North America is pleased to provide a leader in the retail payments industry with a check capture solution for the financial services industry," states Dave Youngerman, president, Panini North America.
Ingenico also provides the Top 200 U.S. retail merchants with reliable, secure electronic transaction terminals designed to speed customer check-out while reducing the merchant's overall cost of business. The My Vision X allows them to provide new technology to these retail customers for back-office check image capture.
The Panini My Vision X(TM), a compact, yet powerful check scanner, reads the check MICR line and captures a high quality, digital image of the front and back of the check. The small footprint, sleek design, and quiet operation of the device allow for easy placement at the branch or in the corporate office location. Over the past year, Panini North America has sold over 40,000 My Vision X scanners.
About Panini
Founded in 1945 in Turin, Italy, Panini has a successful sixty year history of enabling clients to capitalize on shifts in the payments processing market. 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 North America'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 Ingenico
Throughout the world businesses rely on Ingenico for secure and expedient electronic transaction acceptance. Ingenico products leverage proven technology, established standards and unparalleled ergonomics to provide optimal reliability, versatility and usability. This comprehensive range of products is complimented by a global array of services and partnerships, enabling businesses in a number of vertical sectors to accept transactions anywhere their business takes them. For more information about Ingenico, a leading supplier of electronic acceptance technology, please visit www.ingenico-us.com.
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