Affirmative Technologies, Inc. Selects Silver Bullet’s Ranger™ as Portability Strategy

Silver Bullet - Press Release Archive

PENSACOLA, Fl., July 6th, 2005 – Affirmative Technologies, Inc. announced that it has integrated Silver Bullet’s Ranger API with many of its electronic payment applications, including NSF Check Recovery application (www.nsfcheckprocessing.com); Remote Electronic Deposit application (www.achred.com); Financial Institution Core ACH Processing Application (www.achhub.com); and its Third Party Sender ACH Processing Application (www.achprocessor.com), in order to expand its options for hardware portability.

Ranger is an industry standard software tool designed to allow item processing applications to run unchanged on a wide variety of check scanner types manufactured by BancTec, Canon, Digital Check, Epson, Maverick, NCR, Panini, Seac Banche and Unisys.

George Bassous, CEO and CTO of Affirmative Technologies, said, “Silver Bullet is in a leadership position by providing item processing software and solutions to Affirmative that help our customers realize the efficiencies of processing payments electronically almost regardless of the scanning equipment in use. Our customers focusing on Check 21 solutions, and customers utilizing our technology to process ARC, POP, and RCK transactions will find the equipment options available very valuable to their businesses.

“Our partnership with Silver Bullet represents an important step in our company’s strategy to create real value in helping businesses process payments more efficiently,” Bassous said. “In our rapidly changing industry, Check 21 solution providers need options,” said Bryan Clark, chief executive officer of Silver Bullet. “Software developers enjoy the benefits of a single check scanner interface and the freedom to mix and match check scanner types. Now that image quality assurance (IQA) is a standard feature, Ranger has become an obvious choice for large banks and Check 21 software vendors. We are excited about our partnership with Affirmative Technologies, Inc. and the opportunities ahead for them.”

About Silver Bullet Technology, Inc.
Pensacola, Fla.-based Silver Bullet Technology, Inc., the world’s foremost check scanner experts, provides item processing software and solutions that have come to serve as the de facto standard for financial institutions. Silver Bullet’s Ranger Transport API enables end users to utilize virtually any item-processing software with virtually any check-scanning hardware. The firm provides professional services, including contract programming and project management, to banking, mortgage and related industries. For more information, visit www.sbullet.com.

About Affirmative Technologies, Inc.
Established in 1998, Affirmative Technologies, Inc. is a leading technology provider to the electronic payments industry, marketing software and Internet applications for processing consumer payments electronically via established Financial Institution-ODFIs, the ACH Network and Federal Reserve Banking System, through standalone or multi-client electronic payment processing Applications for Retail Merchants, Internet Merchants, Financial Institutions, Third Party ACH Processors-Senders, Independent Software Vendors, and Payment Aggregators. For more information, visit www.affirmativeusa.com.

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