BancTec Taps SeeSam Solutions as Pakistan Distribution Partner
By Banctec Inc., PRNEMonday, January 18, 2010
LONDON, January 19 - BancTec, Inc., a global provider of advanced, high-volume, document and
payment processing solutions and services, has signed a distribution
agreement with Pakistan-based SeeSam Solutions, a leading enterprise
solutions provider and the key player in the country's document management
industry. The agreement covers the distribution in Pakistan of BancTec's
highly acclaimed IntelliScan(R) and E-Series high-speed document scanning and
sorting transports, as well as the eFIRST family of software products.
"SeeSam possesses an excellent set of technical and operational
credentials, with particular expertise in the document capture, imaging and
workflow sectors. The company's impressive client base has been built upon
sound ethics and forward thinking professionals, led by an impressive
management team," said Jim Forkin, vice president, international business
development, BancTec. "We look forward to developing many innovative
solutions with SeeSam over the coming months and years, and are happy to
extend again our international partner channel business."
"We have an extended offering now with the BancTec portfolio of hardware
and software in our arsenal to address many more opportunities in our markets
here in Pakistan and further help our customers enhance productivity, control
costs and share information across distributed locations," said Nasimullah
Siddiqui, chief executive officer, SeeSam Solutions. "We are confident about
taking a leading role in this emerging region of new prospects and look
forward to a long lasting business relationship with BancTec."
Improved economic performance in Pakistan is creating additional demand
for business and technology solutions. Financial services, government and
private businesses are seeking innovation and are playing a part in the
country's emerging global economy.
About SeeSam Solutions
SeeSam Solutions mainly works in the areas of technology and solutions,
converting desire into reality and offering a full range of services in the
field of digital document management. SeeSam offers services such as
consultation, application design, software development, hardware selection
and integration, installation, conversion services, training and support.
SeeSam has strategic partnerships with a host of industry leaders to help
provide customers with enterprise-class solutions through their country-wide
network. To learn more about SeeSam visit www.seesam.biz or call the customer
desk at +92-21-34301934-36.
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
Tags: Banctec Inc., France, Germany, London, United Kingdom