BancTec Goes Live With CenterVision(TM) Implementation for Canada's Federal Employee Pension Plan

By Banctec Inc., PRNE
Wednesday, February 17, 2010

DALLAS, February 18, 2010 - BancTec Inc. (www.banctec.com/), a global provider of advanced,
high-volume, document and payment processing solutions and services, has gone
into production with a major rollout of its CenterVision solution for Public
Works and Government Services Canada (www.tpsgc-pwgsc.gc.ca/comm/index-eng.html)
(PWGSC). CenterVision, which is BancTec's global platform for processing and
managing multiple streams of in-bound information, will improve the agency's
efficiency and speed of service as it processes approximately 6 million
paper, fax and electronic documents per year for the country's federal
employee pension plan, Superannuation Pension Transition and Client
Services.

As part of its Pension Modernization Project, the Canadian government
replaced a 35-year-old mainframe application with new imaging and document
processing technologies. CenterVision forms the core of the solution for
PWGSC. Three BancTec IntelliScan(R) (www.banctec.com/products/intelliscan/)
scanners already utilized by the Canadian government capture images, while
PayCourier(R) Archive (www.banctec.com/products/paycourier-archive/)
serves as the image repository, and Logistics Manager helps track and trace
documents as they are transported from one location to another.

CenterVision will process all incoming correspondence, original
documents, vital statistics documents, forms, payments, void checks and file
folders of pensioners. By converting all of these paper and electronic
documents into usable digital content, PWGSC will gain greater control and
efficiency over a process that can become unwieldy as volumes increase. In
addition, with a majority of the processing being completed within a short 24
hour window, the information can be sent much more quickly into PWGSC's
customer relationship management (CRM) system for case processing. Finally,
with so many different forms being processed, the solution provides automated
mechanisms to ensure data integrity, reduce unnecessary keystrokes and
decrease the processing cost per page. As a result, the organization saves
time and resources, with employees able to spend more time on value-add
activities.

"We are thrilled to go live with an integrated BancTec solution that will
save the Canadian government a significant amount of time and money in the
handling and processing of pensioner files," said Michael D. Fallin, senior
vice president and president, Americas, BancTec. "This project is a testament
to the strong footprint of the global BancTec organization, our ability to
deliver excellence using world-wide project teams, and our understanding of
how to integrate industry best practices into the core of the CenterVision
solution."

About BancTec

BancTec helps clients around the world simplify the process of managing
their information. Founded in 1972, the company provides a wide range of
solutions for automating complex, high-volume and data-intensive business
processes for clients in the financial services, healthcare, manufacturing,
government, services and utilities industries. BancTec's offerings include
business solutions, business process outsourcing, and infrastructure
services. With headquarters in Dallas, BancTec serves clients in 50
countries. For more information on how BancTec can help you optimize
information management, visit www.banctec.com/ or call 1-800-BANCTEC.

Forward-Looking Statements: All statements in this press release that do
not directly and exclusively relate to historical facts are "forward-looking
statements" describing BancTec's objectives, targets, plans, strategies,
costs, anticipated capital expenditures and expected cost savings. These
statements represent BancTec's intentions, plans, expectations and beliefs,
and are subject to risks, uncertainties and other factors, many of which are
outside the Company's control. These factors could cause actual results to
differ materially from such forward-looking statements. For a written
description of these factors, see the section titled "Risk Factors" in the
Company's Registration Statement on Form S-1, as amended, initially filed
with the Securities and Exchange Commission on August 8, 2007. The Company
disclaims any intention or obligation to update these forward-looking
statements whether as a result of subsequent events or otherwise except as
required by law.

Ross Coulter, +1-214-366-0090, ross.coulter at banctec.com, for BancTec

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