BancTec Signs Distribution Agreement With PIRIT

London (ots/PRNewswire) -

- Relationship extends BancTec's reach into Russia and other
countries

BancTec, Inc., a global provider of advanced, high-volume,
document and payment processing solutions and services, has signed a
distribution agreement with Moscow-based PIRIT to sell BancTec
solutions in Russia and other Commonwealth of Independent States
(CIS) countries, including Ukraine, Kazakhstan and Belarus. The
agreement covers distribution of BancTec's highly acclaimed
IntelliScan(R) and E-Series high-speed document scanning and sorting
transports.

"PIRIT has built a solid business in these emerging markets, and
will provide an immediate presence for us that would have been
difficult to develop otherwise," said Darren Riley, sales manager,
EMEA Emerging Markets, BancTec. "PIRIT's strong reputation as a
provider of document management and scanning solutions, combined with
our enterprise-scale product line, will create a winning combination
for the region's largest organizations. We look forward to partnering
with PIRIT to extend the range of solutions it provides and expanding
BancTec's participation in the region."

"BancTec is a well-known vendor of solutions that help
organizations make their document and payment processing operations
more efficient and cost-effective," said Natalya Vrublevskaya,
marketing manager, PIRIT. "BancTec's enterprise-scale solution
expertise and our market coverage will serve customers well in the
region."

Russia and the other CIS states have made significant
improvements in recent years in building infrastructure, reducing the
state's role in the economy, reforming the tax and financial systems
and lessening their reliance on energy and raw materials. Still,
strong legislative requirements necessitate much paperwork and
recordkeeping, creating a need for high-speed transports that can
scan documents and generate electronic archives, especially in large,
document-intensive organizations.

PIRIT is well positioned to fulfill this need as it has an
extensive customer base of administrative bodies (Presidential
Administration, Federation Council and State Duma) and other
large-scale organizations including ministries, banks, insurance
companies, major manufacturers and universities.

About PIRIT

PIRIT was founded in 1990. PIRIT focuses on activities that can
provide distribution market leadership with key document scanner
vendors (more than 80% market share). PIRIT offers competitive
software products of ABBYY
(http://www.docscan.ru/kofax.asp?overview_id=97306), EMC
(http://www.docscan.ru/kofax.asp?overview_id=97282), Kofax
(http://www.docscan.ru/kofax.asp?overview_id=93923) - the world
leaders of capture software engineering. A dealers' network consists
of more than 660 companies of all Russian regions (from West-edge
Kaliningrad to East-edge Vladivostok).For more information you can
visit http://www.docscan.ru or call +7-495-785-55-54

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.

ots Originaltext: BancTec, Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
James Silcock of BancTec, Ltd., +44-01753-778813,
james.silcock@banctec.co.uk