Press Release

VICOR Adds BancTec’s DocuScan as Scanner Option for RIDS Platform


Contact:
Bob Murphy
VICOR, Inc.
510-621-2047
rmurphy@vicor.com

Julie T. Brown
BancTec, Inc.
(972) 821-5837
Julie.Brown@BancTec.com

RICHMOND, CA, June 13, 2006 – VICOR, Inc. today announced that its Receivables Information Delivery System (RIDS) solution now will support BancTec, Inc.’s DocuScan family of scanners. As a result, financial institutions and businesses have a new way to leverage the power of the RIDS platform in receivables environments.

The DocuScan is a high-speed, mixed document scanner. Among its key capabilities are the ability to automatically process co-mingled checks, envelopes, tri-fold letters and legal sized pages in a single batch; the ability to process extra thick or extra long documents; ink-jet printing; XML and ASCII output; and low and high-resolution scanning. The DocuScan also eliminates the need to manually pre-sort documents by size and type, or to hand-feed difficult documents.

With today’s announcement, VICOR builds upon the most complete receivables offering in the industry, with unparalleled flexibility, scalability and operational efficiencies. RIDS support of BancTec’s DocuScan scanners delivers greater customization for customers, allowing them to choose from a family of VICOR-supported scanners based on their business requirements and hardware preferences.

“Our support for the DocuScan comes in response to customer demand for expanded hardware options for complex receivables applications,” said VICOR President and CEO Bob Kirk. “From the start, VICOR has been committed to delivering solutions that offer users a range of hardware choices to achieve greater flexibility, improve customer service, and drive operational efficiencies. Certifying the BancTec scanners is at the core of that effort.”

“BancTec is pleased to work with a company as well-regarded as VICOR,” said Jerry Brown, vice president of global reseller relationships for BancTec. “VICOR products are the foundation to some of the largest and most demanding receivables environments in the world. By offering support for the DocuScan, VICOR can help its customers optimize complex payments applications, no matter the document size or type.”

About VICOR, Inc.

VICOR, Inc. is the leading provider of solutions that optimize the processing of complex payments for businesses and financial institutions. By managing multiple payment types and formats across diverse distribution channels, VICOR helps businesses and financial institutions save time and money, attract new customers, generate revenue, and leverage existing technologies. In 2005, VICOR’s solutions processed over $1.4 trillion in payment volume, 222 million payment transactions and 335 million payment related documents. VICOR owns and manages the Corporate Payment Progress Index (CPPI), an industry initiative that quantitatively measures the progress of corporate payments. VICOR is headquartered in Richmond, CA. For more information about VICOR and its solutions, contact 510-621-2000 or visit www.vicor.com.

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, manufacturing, government, services and utilities industries. BancTec's offerings include business solutions, business process outsourcing, and infrastructure services. With headquarters in Dallas and London, BancTec is privately owned with annual revenues of $345 million and serves more than 50 countries. To learn how BancTec can help your organization reduce costs, increase productivity, and improve quality, visit our corporate Web site at www.banctec.com or call 1-800-BANCTEC.