BancTec Signs Service Agreement With BMO Capital Markets

DALLAS, January 21 - BancTec (www.banctec.com/), a global provider of advanced, high
volume document and payment processing solutions and services, announced
today that BMO Capital Markets (www.bmocm.com/), the investment and
corporate banking arm of BMO Financial Group (TSX, NYSE: BMO) has signed a
long-term business process outsourcing
(www.banctec.com/services/bpo-services/) (BPO) agreement continuing
retail remittance processing services. In the United States, BMO Capital
Markets provides its U.S. corporate and commercial clients banking and
operating services through Harris N.A., part of BMO Financial Group. Under
the agreement, BancTec will handle tens of millions of payments per year.

BancTec previously provided lockbox services to BMO Capital Markets
through a contract with another service provider. "This strategic
relationship with BancTec allows us to provide our clients full treasury
management services and meet their working capital and cash flow needs," said
Steve Rogers, Managing Director, Head of U.S. Global Treasury Management, BMO
Capital Markets.

"Through Harris N.A., one of Chicago's largest financial institutions,
BMO Capital Markets has built a robust treasury management practice that
serves a wide variety of customers," said Jeff Brown, BancTec vice president
for Business Process Outsourcing in the Americas. "Our enterprise-scale,
remittance processing BPO solution provides BMO Capital Markets with the
capabilities it needs to continue growing this important line of business. We
look forward to building our direct relationship."

BancTec utilizes its PayCourier(R) (www.banctec.com/products/paycourier/)
and PayCourier(R) Archive (www.banctec.com/products/paycourier-archive/)
solutions to form the core of its service offering for BMO Capital Markets.
Each month, BMO Capital Markets directs millions of invoices to BancTec's
facilities, where they are scanned, processed and archived for backup.
Additionally, paper checks are converted to electronic images, providing BMO
Capital Markets clients the improved processing and productivity benefits
that come with image exchange.

BMO Capital Markets clients are also able to manage exception items-such
as late payments or checks missing customer account detail-utilizing
BancTec's online Interactive Exception Processing service. The advanced
technologies built into BancTec's solution have proven read accuracy rates,
resulting in fewer bad checks, earlier fraud detection and lower costs
overall.

About BMO Capital Markets

BMO Capital Markets is a leading, full-service North American financial
services provider, with over 2,200 employees operating in 14 North American
offices and 27 worldwide, offering corporate, institutional and government
clients access to a complete range of investment and corporate banking
products and services. BMO Capital Markets is a member of BMO Financial Group
(NYSE, TSX: BMO), one of the largest diversified financial services providers
in North America with US$359 billion total assets and more than 36,000
employees as at October 31, 2009. For more information, visit www.bmocm.com.

In the United States, banking and operating services are provided to BMO
Capital Markets clients through Harris, a member of BMO Financial Group.

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; or Kim Hanson, Senior Manager, Media Relations, +1-416-867-3996, kim.hanson at bmo.com, for BMO Capital Markets