DALLAS, August 25 /PRNewswire/ --

BancTec, Inc., a global provider of advanced, high-volume, document and
payment processing services and solutions, today announced that it plans to
file a registration statement with the U.S. Securities and Exchange
Commission for a proposed initial public offering of up to US$50 million of
its common stock, subject to market conditions. BancTec expects the proceeds
of the offering will be used for general corporate purposes including
pursuing strategic growth opportunities.

This sale of common stock has not been registered under the Securities
Act of 1933, as amended, and such stock may not be offered or sold in the
United States absent registration or an applicable exemption from
registration requirements. This release does not constitute an offer to sell
or the solicitation of an offer to buy any shares of common stock, and shall
not constitute an offer, solicitation or sale in any jurisdiction in which
such offer, solicitation or sale is unlawful.

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 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.