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Ricoh and Rosetta Technologies Team up on Check 21 Solutions.
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Ricoh Printing Systems
America and Rosetta Technologies Alliance to Provide Check 21 Compliant Solutions
Companies Committed to Providing Banking
Customers Simi Valley, CA – November 29, 2004, 08:01 Business Wire – Ricoh Printing Systems America, Inc. (RPSA), a leading provider of high-performance printing systems, and Rosetta Technologies (Rosetta), a leader in secure enterprise printing solutions, today announced product support for banking customers and financial institutions looking for complete “Check 21” printing solutions. The Check Clearing Act for the 21st Century, or “Check 21,” changes the process by which banks and financial institutions process and reproduce checks, establishing legal support for banks and financial services companies to implement more advanced and cost-effective item processing. RPSA and Rosetta are working to help banks understand and meet the new requirements for the printing of substitute checks, commonly referred to as Image Replacement Documents, or IRDs. RPSA products, with MICR capability provided by Rosetta, have been designed to meet the needs of Check 21. RPSA MICR printers comply with ANSI and ABA MICR output standards, enabling customers to meet production printing deadlines with high quality magnetic ink documents. The MICR DDP 184 is especially unique for production IRD print applications in that it prints at a full 184 impressions (or up to 276 IRDs) per minute in duplex (printing on both sides of a page). All IRDs require duplex printing. In combination with the MICR DDP 70e, MICR DDP 92 and MICR DDP 184, Rosetta offers IRD Print Director software to aid in the assembly and printing of Image Replacement Documents, a key Check 21 requirement for banks and other financial institutions. The IRD Print Director is a powerful, fully featured print server solution that assembles and prints IRDs, including check images, associated IRD processing data, and MICR line information. It is designed to handle printing in large data centers and service bureaus as well as small regional bank or branch locations. Other key components of solutions offered by RPSA and Rosetta include:
"RPSA and Rosetta Technologies have worked together since 2002 on providing major financial institutions with total solutions," said Mr. Namikawa, president and CEO, Ricoh Printing Systems America. "Our combined strengths in printing hardware, MICR printing and software provide efficient solutions and we are committed to providing both our current customers and potential customers with a range of products that can support the printing requirements defined by the Check 21 legislation." "Check 21 represents an important and significant change in our current banking system, as well as a tremendous opportunity to implement new and more efficient processes and infrastructure that will streamline the way transactions are processed across the system," said Rob Hullar, president of Rosetta Technologies. "In close alliance with RPSA and other thought leaders in the industry, we are committed to providing customers with the information and answers they need, as well as the complete solutions they now require." About Rosetta Technologies Corporation Rosetta Technologies Corporation is a leader in secure enterprise printing solutions for the banking, financial services, healthcare and insurance industries as well as federal, state and local government. The company's offerings include a complete family of Hewlett Packard, IBM and Ricoh laser printers that are re-engineered for optimal MICR output by Rosetta Technologies. These provide high quality MICR output solutions to
Information about Rosetta's complete
range of products and services can be accessed on the world wide web at
www.rosettatechnologies.com.
Ricoh Printing Systems America, Inc. (RPSA)
is a leading provider of production printing systems, including spot
color and black & white digital printers, scanners, and software
solutions. RPSA offers printing solutions through OEMs, resellers, and
directly to end-users. RPSA and its subsidiary Ricoh Printing Systems
Europe markets and distributes products in North, Central and South
America, Europe and the Middle East. Digital Document Publisher, DDP 70e, DDP 92, and DDP 184 are trademarks of Ricoh Printing Systems America, Inc. All rights reserved. Rosetta Technologies Media Contact: |
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PRESS RELEASES
Rosetta Technologies Worldwide
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