BancTec Signs Agreement With Emitac

LONDON -

- Relationship expands BancTec’s reach into the Middle Eastern markets while extending customer value chain

BancTec, Inc., a global provider of advanced, high-volume, document and payment processing solutions and services, has signed a distribution agreement with Dubai-based Emitac Enterprise Solutions to sell BancTec solutions in Bahrain, Jordan, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates. The agreement covers distribution of BancTec’s highly acclaimed IntelliScan(R) and E-Series high-speed document scanning and sorting transports.

“Emitac is a highly respected IT leader with a strong presence in these markets. Their ability to design, build, and deliver IT infrastructure services solutions, as well as their extensive relationships with a broad set of customers, provide an ideal way for BancTec to establish a presence in the region,” said Darren Riley, sales manager, EMEA Emerging Markets, BancTec. “Emitac’s depth of experience providing document management and scanning solutions, and our enterprise-scale hardware, will fill a need for many large organizations. We look forward to working with Emitac to create synergy between our solutions and expanding business opportunities for both our companies.”

“BancTec has a strong record of helping organizations lower the cost and improve the efficiency of their document and payment processing operations,” said Amer Mubbusher DGM - SIMS, Emitac. “Their enterprise-scale solution expertise, combined with our global strategic delivery approach, will extend our customer’s value chains and provide them with a powerful competitive advantage. In this region there is a strong demand for well-established and proven technology solutions, and this partnership with BancTec will enable us to help organizations seeking to enhance their document processing and management operations.”

Emitac’s Enterprise Solutions Group (EES) has established itself as a leader and pioneer in IT infrastructure services, delivering superior services and solutions to clients in the UAE and other Middle Eastern markets. Emitac EES designs, builds and provides solutions for business applications and core infrastructure including systems and storage, data centers and enterprise wide communication and networking.

About Emitac

Emitac is a leading provider of information, communication technology and healthcare products, solutions and services to diversified sectors in the ME region. Emitac clients are assured of a transparent business partner with best in class processes, execution capabilities and support services. For more information, visit www.emitac.ae

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.

Source: BancTec, Inc.

James Silcock of BancTec, Inc., +44(0)1753-778813, james.silcock at banctec.co.uk