BancTec and Apptricity Create Service and Distribution Partnership

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Tue Sep 8, 2009 1:00pm EDT

DALLAS, Sept. 8 /PRNewswire/ -- BancTec, a global provider of advanced,
high-volume, document and payment processing solutions and services, announced
today that it has signed a joint service and distribution agreement with
Apptricity, a fast-growing provider of enterprise service-oriented
architecture (SOA) software solutions for supply chain, workforce and
financial management.  

Under the agreement, BancTec will provide Apptricity and their customers with
advanced enterprise transaction management, process transformational
consulting, and leveraged multi-document processing from its network of 9
operating sites in the U.S., and potentially from its overseas operations.

BancTec will also utilize Apptricity software in its business process
outsourcing (BPO) centers across the U.S., offering the software as a
value-added module that its customers can select when contracting for other
processing services.  As a result of the distribution relationship, BancTec is
helping Apptricity reach a broader set of customers.

"Apptricity has a strong suite of enterprise software applications that has
attracted many commercial and government clients, including Wal-Mart and
AT&T," said Jeff Brown, BancTec vice president for Business Process
Outsourcing in the Americas.  "We look forward to using their distinctive and
valuable technology as a differentiating tool-set in process transformation
opportunities."

"BancTec has significant experience providing outsourced services for some of
the largest corporate and governmental organizations in the U.S. and Europe,"
said Tim Garcia, president for Apptricity Corporation.  "Their expertise in
imaging and data extraction will add significant value to some of our most
important engagements, while their offering our solutions in their BPO centers
will open new channels of business in the BPO market space."

About Apptricity
Apptricity Corporation is a leading provider of enterprise software
applications and services for the commercial and federal sectors. Since 1999,
Apptricity has provided enterprise software applications for supply chain,
logistics, finance and workforce management. All of our applications are built
on an advanced service-oriented architecture (SOA) framework. Apptricity's SOA
Framework guarantees a low cost, non-resource intensive implementation,
configuration, and deployment.  By implementing a SOA technology platform,
Apptricity has succeeded in delivering both highly scalable enterprise
application technology and best practices configuration, which complement,
extend and/or replace legacy systems. As organizations seek to further
automate their application and infrastructure investments and adopt commercial
best practices, Apptricity provides the roadmap and software applications that
allow its customers to achieve their end goals incrementally or enterprise
wide.  For more information, visit the Apptricity website at
www.apptricity.com or call (214) 596-0601.

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

Chuck Corbin of BancTec, +1-972-821-4970, chuck.corbin@banctec.com
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