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PST DEBUTS EZ-SCAN,NET WEB-BASED CHECK CAPTURE.

Imaging Update • Sept 1, 2008 •

Precision Software Technologies of Tampa, Florida has launched of its EZ-Scan.Net online check capture, data archiving and remote deposit solution. Historically, PST has provided software solutions to large financial service companies, which use PST's EZ-Scan software to process over $4 billion in transactions every day.

Now, with the release of its easy-to-use, affordable EZ-Scan.Net product, PST is making its check image and remote deposit expertise available to the point-of-sale market, including small businesses, banks, churches, charities, local government agencies and any business that receives a significant volume of customer payments by check.

Using EZ-Scan.Net, subscribers can scan checks at the point of sale or receipt, automatically upload the check data in the form of a Check 21 file to PST's secure server and then digitally deposit the check to any bank. PST provides the scanning hardware free of charge -- the client pays only a per check fee, which depends on the suite of services selected by the client, and the number of checks scanned each month. "This is an important distinction from most remote deposit plans, which require users to buy scanning equipment, pay a monthly fee and technical support charges, in addition to per check fees," according to Martin Doyle, PST's head of business development. "While many large banks are offering remote deposit to their customers, those systems are generally limited to only deposits, and only at one bank by definition. Our .Net product can be used for deposits in multiple accounts at multiple banks. Also, the user can custom configure its files on our server to download seamlessly into their existing accounting package such as QuickBooks, Peachtree, or Microsoft Money," continued Doyle.

"We also offer a package of optional services such as check verification and guarantee through our industry partners, that the banks usually don't provide. Our .Net is an end-to-end solution just like the big banks. However, ours is geared toward the customer end," said Doyle. "Our multiple account deposits, 'Pay as You Scan' model and wide selection of services have all proven very popular with our initial clients," he added.

PST is projecting 10,000 subscribers in its first year for .Net, processing 90,000,000 checks at an average of $.12 per check, according to PST President Charlie Parks. "We have been in this business for over 15 years, providing enterprise and work stations solutions to thousands of customers," said Parks. "This move to an online, 'Pay as You Scan' service is very exciting for us and our clients. Users are excited about the flexibility of depositing checks into several different banks, not having to buy any hardware, paying only for the services they use, seamless integration into their accounting software and the other unique features of our EZ-Scan.Net," added Parks.

PST has partnered with leading companies to process .Net check transactions, provide scanning hardware, and to market the .Net solution to small businesses, banks and government agencies, among others.

About PST

Precision Software Technologies, Inc. is a Tampa-based financial software company which provides enterprise and small business digital data capture, archiving and retrieval solutions to clients around the world. Each business day over $4 billion in financial transactions are processed using PST's EZ Scan family of software products.

For more information. call 813/508-5555 or visit http://www,pstinc.net.


COPYRIGHT 2008 Worldwide Videotex Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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