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Monday, February 12, 2007
(Digital Check Corporation)
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ORLANDO, Fla.-(BUSINESS WIRE)-Digital Check Corporation, a leading provider of check scanners for the distributed check capture industry, announced record results in 2006 for revenues and shipments of its TellerScan® series of check scanners at the BAI TransPay conference. Company revenues for 2006 grew by more than 100 percent over the previous year. Another milestone for the TellerScan brand was surpassing 100,000 units shipped into distributed capture markets worldwide.
"Our achievements are the result of broad acceptance of our products by financial institutions and their remote deposit customers as well as our partnership with our solution providers and the value, support and cost benefits that they deliver for distributed check capture applications," said Tom Anderson, president and chief executive officer of Digital Check. "Our scanners are deployed within six of the top 10 banks, community banks, credit unions and a broad mix of corporate, small business and merchant customers of these financial institutions."
TellerScan scanners are certified by more than 70 of the leading distributed check capture solution providers, including eight of the 11 leading companies identified in the Celent 2006 Analysis of Remote Deposit Capture Vendors. "Our widespread acceptance within the solution provider and end customer markets comes from a number of factors, including our low total cost of ownership, superior image quality, MICR accuracy and exceptional reliability rates, as evidenced by an overall factory return rate of less than 0.5 percent in 2006," noted Anderson.
"We believe that teller, branch and remote deposit capture will continue to show impressive growth during 2007," said Anderson. "We are well positioned to help our solution partners and financial institutions capitalize on these growth trends with the addition of a second factory in Japan and expanded production capacity at our California facility. We are one of the only suppliers able to ship scanners within three days of receiving an order. As more bank customers seek remote deposit capture solutions, customer fulfillment will become an increasingly important requirement and strategic advantage for our bank customers."