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Integrated Bank Technology and Canon U.S.A. Inc. Announce Alliance
--Companies will offer combination of innovative software and leading scanner technology to mutual customers--

CEDAR PARK, Texas, Oct. 22, 2007 – Integrated Bank Technology, a provider of a suite of data consolidation technology-based products and services to community financial institutions, announced that Canon U.S.A., Inc., has named Integrated Bank Technology as one of its vendors in Canon’s Alliance Marketing Program. The program will allow the two companies to promote the innovative software of Integrated Bank Technology and Canon’s leading scanner devices to all of their mutual customers.

Integrated Bank Technology is the creator of Integrated Bank Environment (IBE), a software application that serves as a repository for a bank’s core and ancillary systems so that everything can be managed from a single point. Within IBE, the company offers Check21 solutions, such as Integrated Image Teller, merchant capture, back office and branch capture. IBE writes natively to the drivers in Canon’s CR line of check scanners, allowing a Check21 solution to be used and eliminating the added cost of middleware. Users directly benefit from higher read rates, experience better image quality control and take advantage of all of the scanner’s capabilities, such as MICR to OCR comparison.

"We are pleased Integrated Bank Technology has compatibility tested the CR-180, CR-55 and CR-25 scanners and to have them as participants in Canon’s Alliance Marketing Program,” said Mark Machida, director of the Image Filing Systems Division for Canon U.S.A., “Our Canon Alliance Marketing Program Partners are a critical component in helping us deliver end-to-end solutions to our end-users. The Integrated Bank Environment together with Canon’s check scanners bring the benefits of decentralized check image processing to merchants, corporations and banks. These are economical check scanners that combine high-quality image capture with ease of use.”

Quitman, Texas-based Bank Texas is an existing Integrated Bank Technology customer that recently began experiencing the benefits of the new partnership. The bank is using branch capture to eliminate courier costs and provide better service to its customers.

“We were already using Integrated Bank Technology for all of our imaging solutions and we’ve had such a successful relationship that when we decided to search for a branch capture product, IBE was the perfect choice,” Kay Newland, vice president at Bank Texas, explained. “Prior to installation, there was a deadline of when customers had to make their deposits to access the funds on the same day. With the new software and scanners, funds are not only available to our customers in a shorter amount of time, but all deposits that are made before the branch closes are available that day.”

“Integrated Bank Technology is very passionate about not only delivering a reliable and user friendly product, but also about finding other ways to improve the work environments of our customers,” Mark Dittman, president of Integrated Bank Technology, said. “We are pleased to partner with a leading technology provider such as Canon U.S.A., Inc, and to use this relationship to continue to surpass the expectations of our customers.”

About Integrated Bank Technology

Cedar Park, Texas-based Integrated Bank Technology (IBT) is a provider of software applications that facilitate electronic exchange in order to manage and protect financial data. IBT has successfully integrated more than 125 individual financial institutions. IBT’s flagship solution, Integrated Bank Environment, provides users a single, centralized database to view and manage all customer relationships. For more information, visit www.ibanktech.net.

About Canon U.S.A., Inc.

Canon U.S.A., Inc. delivers consumer, business-to-business, and industrial imaging solutions. Its parent company, Canon Inc. (NYSE:CAJ), a top patent holder of technology, ranking third overall in the U.S. in 2006†, with global revenues of $34.9 billion, is listed as one of Fortune's Most Admired Companies in America and is on the 2006 Business Week list of "Top 100 Brands." To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/pressroom.

   
 
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“We were already using Integrated Bank Technology for all of our imaging solution and we've had such a successful relationship that when we decided to search for a branch capture product, IBE was a perfect choice.

"Prior to installation, there was a deadline of when customers had to make their deposits to access funds on the same day.  With the new software and scanners, funds are not only available to our cusotmers in a shorter amount of time, but all deposits that are made before the branch closes are available that day." 

Kay Newland
Vice President 
Bank Texas

 
     

 

 

 

 

 

 

 

 

 
 
2007 Integrated Bank Technology