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Digital Check Announces Record 2006 Results at BAI TransPay

ORLANDO, Fla., Feb. 12, 2007Digital Check Corporation, a leading provider of electronic check scanners for the distributed check capture industry, announced record results for 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.  In addition, Digital Check shipped its 100,000th TellerScan check scanner.

“Our achievements are the result of broad acceptance of our products by financial institutions and their remote deposit capture customers as well as solution providers delivering a variety of 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.”

“We believe that teller, branch and remote deposit capture will continue to show impressive growth during 2007,” said Anderson.  “We are well positioned to capitalize on these growth trends due to expanded production capacity at our Rancho Cucamonga, Calif. facility and second factory in Nagano, Japan through our partnership with Shinano Kenshi Corporation.  We are one of the few 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 of the business.”

Digital Check scanners - logo - check capture

Digital Check Corp.
630 Dundee Rd. Suite 210
Northbrook, IL 60062  

Phone:
+1-847-446-2285