BancTec and Apptricity Create Service and Distribution Partnership


DALLAS, September 8 /PRNewswire/ --

BancTec, a global provider of advanced, high-volume, document and payment
processing solutions and services, announced today that it has signed a joint
service and distribution agreement with Apptricity, a fast-growing provider
of enterprise service-oriented architecture (SOA) software solutions for
supply chain, workforce and financial management.

Under the agreement, BancTec will provide Apptricity and their customers
with advanced enterprise transaction management, process transformational
consulting, and leveraged multi-document processing from its network of 9
operating sites in the U.S., and potentially from its overseas operations.

BancTec will also utilize Apptricity software in its business process
outsourcing (BPO) centers across the U.S., offering the software as a
value-added module that its customers can select when contracting for other
processing services. As a result of the distribution relationship, BancTec is
helping Apptricity reach a broader set of customers.

"Apptricity has a strong suite of enterprise software applications that
has attracted many commercial and government clients, including Wal-Mart and
AT&T," said Jeff Brown, BancTec vice president for Business Process
Outsourcing in the Americas. "We look forward to using their distinctive and
valuable technology as a differentiating tool-set in process transformation
opportunities."

"BancTec has significant experience providing outsourced services for
some of the largest corporate and governmental organizations in the U.S. and
Europe," said Tim Garcia, president for Apptricity Corporation. "Their
expertise in imaging and data extraction will add significant value to some
of our most important engagements, while their offering our solutions in
their BPO centers will open new channels of business in the BPO market
space."

About Apptricity

Apptricity Corporation is a leading provider of enterprise software
applications and services for the commercial and federal sectors. Since 1999,
Apptricity has provided enterprise software applications for supply chain,
logistics, finance and workforce management. All of our applications are
built on an advanced service-oriented architecture (SOA) framework.
Apptricity's SOA Framework guarantees a low cost, non-resource intensive
implementation, configuration, and deployment. By implementing a SOA
technology platform, Apptricity has succeeded in delivering both highly
scalable enterprise application technology and best practices configuration,
which complement, extend and/or replace legacy systems. As organizations seek
to further automate their application and infrastructure investments and
adopt commercial best practices, Apptricity provides the roadmap and software
applications that allow its customers to achieve their end goals
incrementally or enterprise wide. For more information, visit the Apptricity
website at www.apptricity.com or call +1-214-596-0601.

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.

© PR Newswire Association LLC.

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