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Integrated Bank Technology To Operate Integrated Image Teller Product in Thin Client...

Tue Jun 3, 2008 9:00am EDT
Integrated Bank Technology To Operate Integrated Image Teller Product in Thin Client Environment

   New Offering Adds Additional Benefits to Innovative Image Teller
                                Product
CEDAR PARK, Texas--(Business Wire)--
Integrated Bank Technology (IBT), a company that specializes in
engineering robust software applications and provides 24/7 support
services to community financial institutions, announced that it will
offer its Integrated Image Teller product in a thin client
environment. This will give current and future customers the
opportunity to reap the benefits of changing the transaction process
model and increasing branch services to their customers, while still
operating in their existing thin client environment. Financial
institutions can save thousands of dollars in reduced courier costs
and data processing fees while substantially reducing new hardware
investment.

   "We recognized the need to be able to offer our Integrated Image
Teller Product in a thin client environment so that our customers that
have sizable investments in this type of architecture are able to take
advantage of the benefits our system offers without reengineering
their networks," said Mike Golebiowski, president of IBT.

   Integrated Image Teller eliminates paper by producing "virtual
tickets" replacing all internal documents and the cumbersome
management of this inventory. Furthermore, back office personnel needs
are reduced due to the virtual elimination of encoding read failures.
One of the key fraud features is that every item that is scanned goes
through 15 different algorithms and sent to a review process based on
confidence levels defined by the bank. This review is divided among
several employees at the bank, providing rapid and thorough electronic
analysis, thus significantly reducing the risk of every transaction.

   When operating in a thin client environment, banks experience
additional benefits such as lower information technology
administrative costs, enhanced data security, lower hardware costs,
less energy consumption and the more efficient use of computing
resources. Overall, this announcement is a significant value-add to
IBT's proven technology and, coupled with the change in business
process and virtual infrastructure, it is a green conscious solution
for the market as well.

   "Ozona National Bank will be our first customer to use Integrated
Image Teller in a thin client environment and we look forward to the
continued growth of that customer list," Golebiowski added.
"Innovation is critical in the banking technology industry and IBT
always seeks to remain in the forefront with offerings that bring the
most value to banks and their customers."

   About Integrated Bank Technology

   Cedar Park, Texas-based Integrated Bank Technology (IBT) provides
software applications and support services to community financial
institutions across the country. The company's flagship product,
Integrated Bank Environment, is a robust software application that is
designed to enhance a financial institution's overall customer
experience while making the cost of ownership affordable.

   For more information, visit www.iBankTech.net.

For Integrated Bank Technology
Media Contact
Nneka Egwuatu, 678-781-7229

Copyright Business Wire 2008



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