BancTec Inks Distribution Agreement With ImageTEK

Partnership extends BancTec's growth in Africa

LONDON, December 16 - BancTec, Inc., a global provider of advanced, high-volume, document and
payment processing solutions and services, has signed a distribution
agreement with South Africa-based ImageTEK, a leading provider of scanners
and document capture solutions. The agreement covers distribution in South
and sub-Saharan Africa of BancTec's highly acclaimed IntelliScan(R) and
E-Series high-speed document scanning and sorting transports.

"ImageTEK has a depth of experience and proven capability in delivering
document capture solutions and scanners throughout South Africa and beyond.
Combined with their superior technical support organisation, these
capabilities make ImageTEK the best partner for BancTec to further expand our
international footprint," said Jim Forkin, vice president of international
business development, BancTec. "Their market penetration and extensive
relationships, in conjunction with our enterprise-scale solutions, will
deliver significant benefits for large organisations throughout the region."

"There is a gap in the high-end production scanner technology market, and
we believe that BancTec will be able to furnish us with solutions that
enhance, and reduce the cost of, document and payment processing operations,"
said Ian Humphreys, CEO, ImageTEK. "We look forward to partnering with
BancTec to extend the range of solutions we offer and further our involvement
in the massive technology adoption initiatives being implemented by both
government and the private sector in the region."

The South African government has embarked on an ambitious 10-year, US$80
billion capital expenditure program, which will fuel significant growth in
both the public and private sectors. The major growth in business process
outsourcing (BPO) and service related industries will provide increased
demand for document capture and scanning related technologies.

About ImageTEK

ImageTEK is a member of the Premark Holdings Group of Companies.
Established in 1995, they are Africa's leading specialist distributor for
document capture products. They provide the market with hardware and software
through a dedicated channel of System Integrators and Imaging Solutions
Vendors (ISVs). Their portfolio of world leading products includes Fujitsu,
Kodak, Bell+Howell, Panasonic and PlusTEK document scanners, document
capture, indexing and quality control software from Kodak and Kofax. Their
"Custom Operations Group" provides customized development, system
integration, planning and implementation services. Sister company ServiceTEK
provides national on-site service, support and maintenance.

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.co.uk or call +44(0)1753-778888.

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.

James Silcock of BancTec Ltd., +44-1753-778813, james.silcock at banctec.co.uk