Next-Generation Multi-Function Printer Designed for On-Demand Check Printing

- Source Technologies’ ST9551 MICR MFP a cost-effective alternative to dedicated MICR printers -

CHARLOTTE, N.C., June 27, 2006-Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announced the availability of it’s second-generation magnetic ink character recognition (MICR) multi-function printer, the ST9551.

Printing checks securely and on-demand using MICR toner and blank check stock has often been too costly for small companies and small remote branches or offices of larger organizations that did not have the check volumes to justify the purchase. Combining MICR printing with other functions reduces the overall acquisition cost of this capability.

“The ST9551 offers the same security and functionally as our most advanced MICR printers,” said Rodger Morrison, vice president of payment solutions, Source Technologies. “By offering MICR printing along with copying, scanning, faxing, and regular printing, customers get more value for their dollar. Now even the smallest company or remote office can afford the best MICR printing solution on the market.”

The ST9551 is the follow-on product to Source Technologies’ first MICR MFP, the ST9325MFP, introduced last year. It prints up to 50 pages per minute and offers audit trail reporting, lockable paper tray options, software and hardware password controls, and MICR toner sensing. In addition, the ST9551 features “MICR MFP Protection”, a unique set of configurable security features that lets end-users manage copy usage to prevent unauthorized or inadvertent copying of checks using MICR toner.

About Source Technologies
Founded in 1986, Charlotte, N.C.-based Source Technologies is a leading provider of integrated solutions for managing financial transactions and other secure business processes. In addition to the concourse™ family of self-service kiosks, Source Technologies offers secure disbursement software solutions and magnetic ink character recognition (MICR) printing solutions and consumables for secure document applications. Customers include nine of the top ten U.S. Banks, plus hundreds of Fortune 1000 and mid-sized companies. Source Technologies has created more than $400 million in economic value for its customers in the last ten years. For more information, visit www.sourcetech.com.