BancTec Recognized as Global Top Four Accounts Payable Outsourcing Vendor

DALLAS, Sept. 16 /PRNewswire/ -- BancTec, a global provider of advanced, high-volume document and payment processing solutions and services, has been recognized as one of the top four global accounts payable outsourcing providers in Brown & Wilson's 2008 Black Book of Outsourcing. In addition to its number four overall ranking, BancTec ranked second or third in five of the study's 18 measurement categories.

"We're pleased to have ranked in the top 5 in categories such as client relationships and cultural fit, trust, customization, reliability and viability on a global basis," said Paul Diegelman, divisional vice president for BancTec's Finance and Accounting Business Process Outsourcing (F&A BPO) practice. "With many organizations focusing on and implementing accounts payable outsourcing for the first time, these characteristics are especially important."

"BancTec has built an outstanding global BPO practice, with accounts payable outsourcing as one of our core F&A offerings," said Jeff Brown, vice president of BancTec's business process outsourcing practice in the Americas. "Our F&A offerings have been well received, and complement our corporate and healthcare revenue cycle management and managed services capabilities."

Brown-Wilson Group annually evaluates leading global outsourcing service providers across 18 operational excellence key performance indicators, completely from the perspective of the client experience. Independent and unbiased from vendor influence, more than 400,000 global outsourcing users are invited to participate in the study. As a result, leaders in the accounts payable outsourcing study have demonstrated the expertise of market focus and customer centricity.

BancTec has built a global BPO practice with facilities throughout North America and Europe. The company is recognized for its expertise in remittance processing, revenue cycle management, and transactional content management, which help many of the world's largest organizations improve internal business processes while also reducing costs.

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 http://www.banctec.com or call 1-800-BANCTEC.

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.