BancTec Provides Online Check Archive and Retrieval for Allied Irish Banks

LONDON - BancTec Ltd., a global provider of advanced, high-volume, document and
payment processing services and solutions, has signed a three-year agreement
with Allied Irish Banks (AIB) to image-enable AIB’s cheque clearing system
with an online archive and retrieval solution. The automated solution
replaces AIB’s legacy microfilm system.

“BancTec has developed a robust archive and retrieval solution that will
significantly increase the efficiency of our clearing operation,” said Donal
Coogan, Clearing Operations Manager, AIB. “This managed service will deliver
operational efficiencies, reduce operational risk and help us deliver better
customer service.”

AIB has been a BancTec customer since 1994, when it originally purchased
a cheque processing system. To deliver the business benefits sought by AIB,
BancTec is upgrading the scanning system’s image cameras in order to capture
the fidelity required by an online system. In addition, BancTec’s eFIRST(TM)
solutions are being utilised to capture and store the cheque images, which
will reside in a BancTec-hosted and managed archive. When fully operational,
AIB personnel will be able to access online cheque images, replacing the
time-consuming process of looking up cheques on microfilm.

“AIB’s need to improve the efficiency of its check clearing and archive
process is a common one among large, multi-national financial institutions,”
said Steve Downey, General Manager, BancTec Ltd. “Our experience delivering
leading edge capabilities in a managed-service environment was a perfect fit
for AIB’s requirements. We look forward to expanding the capabilities of this
solution as AIB expands its business.”

About AIB

AIB Group is Ireland’s leading banking and financial services
organization. It operates principally in Ireland, Britain, the USA and
Poland.

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.

Source: BancTec Ltd.

James Silcock of BancTec Ltd., +44-01753-778750, james.silcock at banctec.co.uk