Silver Bullet Technology Releases Ranger for BancTec High-Speed Sorters

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BancTec Item Processing Transport Owners Now Have Extended Application Options

Irving, Texas and Pensacola, Florida- April 12th, 2005 – BancTec, a leading provider of document management solutions and services, and Silver Bullet Technology, Inc., a provider of item processing software and solutions, today announced the release of Ranger™ interface for BancTec’s X-Series multi-functional item processing transport. Silver Bullet’s Ranger interface will allow users of a wide variety of check processing applications to run on BancTec’s X-Series transport.

“The availability of Ranger for the X-Series transports supports BancTec’s strategy of open architecture for all of our equipment and gives check and remittance processors more options to intermix hardware and software platforms to optimize the use of their infrastructure,” said Mark Fairchild, Senior Vice President, BancTec Global Products and Operations.

BancTec’s X-Series is a multi-functional transport for check and remittance processing, using one or two-pass applications. It is designed for companies that process high check volumes at speeds of 350 or 600 items per minute. By placing the Ranger interface on BancTec’s X-Series transport, users have the benefit of accessing a broader selection of equipment to run on their applications.

Through the release of Ranger for BancTec’s X-Series, Silver Bullet continues to bring greater efficiency to the financial services development environment. The Ranger Transport API, Silver Bullet’s flagship product, is a software tool that allows item-processing applications to run unchanged on virtually every transport type. Silver Bullet’s latest Ranger release brings BancTec sorters into its stable of “Ranger Compatible” transport and check scanners.

Reducing item processing costs by leveraging existing hardware, as well as greater control over system configurations, are a few of the benefits financial services companies will receive. These benefits are particularly important to maximizing existing resources and transports obtained through bank acquisitions.

“In these rapidly changing times, banks need options,” said Bryan Clark, CEO of Silver Bullet Technology, Inc. “Ranger allows banks to mix and match software applications and transport types to leverage their existing investments and support evolving needs. With the implementation of Check 21, Ranger is a powerful weapon in a bank’s competitive arsenal.”

About BancTec
Founded in 1972, BancTec is the most recognized name worldwide in transaction processing. BancTec has deployed transaction solutions in over 50 countries, counts among its customers some of the most prominent companies in the world, and is honored to be a member of the TAWPI Hall of Fame. BancTec’s product suite combines unique flexibility, scalability, and connectivity to provide unprecedented levels of automation in the capture, processing, and distribution of electronic and paper documents and transactions. BancTec complements its product suite with a line of proven hardware solutions, and dependable service and support. To learn how BancTec can help your organization reduce IT costs, increase productivity, and improve quality, visit our corporate Web site at www.banctec.com or call 1-800-BANCTEC.

About Silver Bullet Technology, Inc.
Pensacola, Florida-based Silver Bullet Technology 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

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