Silver Bullet Technology and Glory FSM Announce Strategic Ranger® Licensing Agreement

Silver Bullet - Press Release Archive

PENSACOLA, Fl., October 16th, 2008 – Silver Bullet Technology and Glory FSM announced today that they have engaged in a strategic partnership to develop Silver Bullet’s Ranger® API for Glory FSM’s FB-10 and FB-8 (also known as REINER RS 900) check scanners.

Glory FSM’s compact scanners handle a full range of documents targeted to the financial and banking industries. The FB-10 and the FB-8 (RS 900) have the ability to read MICR, endorse, capture images, and sort documents at a rate of 70 DPM at USB2.0. This innovative scanner gives companies the ability to put distributed processing to work instantly.

Silver Bullet’s Ranger software allows customers to use virtually any item-processing software with virtually any check-scanning hardware. The addition of Glory FSM’s product to the Ranger family will allow banks and other financial institutions to incorporate these scanners into their programs without replacing their current software solutions.

“We believe that this partnership with Silver Bullet represents an important and logical step,” said Arimitsu Zendo, International Sales Manager for Glory FSM. “It will allow all our customers, through this universal API from SBT, to easily adapt our large range of unique and innovative document scanners and processing systems to their existing applications.”

“We are delighted to partner with Glory FSM,” said Jamille Ellingson, National Account Executive for Silver Bullet. “Ranger, the industry standard universal API, is sure to rapidly increase adoption and add value to Glory FSM’s newest additions to their check scanning and MICR read products.”

About Glory FSM, Ltd.
Tokyo-based Glory FSM is a leading developer, manufacturer and provider of document scanners that are able to handle a full range of documents, targeting the financial and banking industries. Its compact scanners, the FB-10 and the FB-8 (RS 900), have the ability to read a MICR line, endorse, capture front/back images and transmit the data through a USB2.0 interface. Furthermore, the FB-10 can sort documents into one of its two pockets at a rate of 70 DPM and offers internal image compression. The FB-8 (RS 900) has the unique capability to process any plastic or laminated ID or driving license. These innovative scanners provide the ability to put distributed processing to work instantly in any company. Glory FSM is also known worldwide for its range of MICR encoders and high-speed check processing systems. For more information, visit www.glory-fsm.co.jp/eng/.

About Silver Bullet Technology, Inc.
Pensacola, FL-based Silver Bullet Technology, Inc. is the industry’s foremost check scanner software developer, offering a comprehensive suite of Check 21 solutions and software tools. Silver Bullet has considerable experience working directly with financial institutions, scanner manufacturers and software vendors. Silver Bullet’s newest software tool, Scout™, remotely tracks MICR and image quality and hardware performance, and displays the results in a concise web-based format. For more information, visit www.sbullet.com

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