Business Services Industry

Unisys Announces New Intelligent Speed Series Document Transports for Payment Processing

Business Wire, April 19, 1999

MIAMI--(BUSINESS WIRE)--April 19, 1999--

First-day installation at Milwaukee's Associated Bank

Unisys Corp. today announced the NDP2000 and NDP1600 document transports, the latest in the company's family of Network Document Processor (NDP) systems for payment processing.

The NDP2000, which processes 2000 documents per minute (dpm), and the 1600-dpm NDP1600 join the NDP1825 and NDP1150 in Unisys Intelligent Speed Series of NDP transports. Unisys also announced a first-day installation of the NDP2000 at Associated Bank, Milwaukee.

The NDP1600 and NDP2000, like the NDP1825, are ideally suited for high volume clearing and Proof-of-Deposit processing in commercial banks, central banks and service bureaus worldwide, as well as for processing checks, statements and remittances.

The entry level NDP1600 and the NDP1825 transports are field upgradable to 2000 dpm and 48 pockets to enable customers to start on a lower cost platform and upgrade as their volumes increase. An NDP2000 configured with 48 pockets has an effective document throughput similar to that of an IBM3890 and provides a superior price/performance ratio.

Unisys NDP transports significantly reduce the total cost of ownership by accommodating scalable configurations, industry-standard development tools and open connectivity. The Unisys unique Intelligent Speed Selection feature enables transport operators to select the most effective operational speed based on the type of work being processed to maximize the system's throughput.

Multimedia, Advanced Features and IBM 3890 Plug and Play

Unisys NDP transports provide operator video/audio help and training right on the transport. This enables operators to learn interactively how to use the transports, increase their efficiency and productivity and access Internet-based support and documentation.

The NDP1600 and NDP2000 provide all the features of the NDP1825, including advanced JPEG and CCITT dual image capture capabilities. In addition, they also offer an unrivaled range of features including image quality monitoring, Courtesy Amount and Intelligent Character Recognition, endorsement flexibility, OCR read and secondary document feed.

Unisys NDP transports also feature SortLogic, which enables Unisys transports to operate in an IBM host environment, providing plug-compatibility with the IBM-3890 document processors. This enables customers to have the benefits of new technology, more pockets and lower MICR reject rates at a lower cost.

Windows NT and CAPI

Unisys NDP transports employ the powerful Microsoft Windows NT operating environment and the Unisys Common Application Programming Interface (CAPI).

Unisys CAPI provides the full line of Unisys NDP transports with a common user interface that enables customers to easily cross train operators on multiple transport platforms. CAPI also provides a common application interface to a large variety of NT-based applications from Unisys and Unisys business partners.

First-day installations at Associated Bank

Associated Bank, of Milwaukee, is beginning to use an NDP2000 to help process the more than 875,000 checks that it receives daily. "We are excited about the Unisys NDP2000, because it will enable us to process our work faster and meet tight processing windows," said Jeanne Meidenbauer, Item Processing Manager at Associated Bank. "We especially like the ability to control the speed of the transport depending on the amount of the work we need to process. We are very impressed by Unisys' continued leadership in the financial marketplace and its commitment to customers."

Availability and Pricing

The NDP2000 and NDP1600 are available for immediate shipment. Pricing varies with configuration requirements.

About the Company

Unisys is more than 33,000 employees helping customers in 100 countries apply information technology to solve their business problems.

Unisys solutions are based on a broad portfolio of global information services including electronic business, systems integration including custom and "repeatable" application solutions, outsourcing, Microsoft Windows NT services, network services, and multivendor maintenance and support, coupled with enterprise-class servers and associated middleware, software and storage.

Repeatable solutions are focused on key vertical markets including financial services, transportation, telecommunications, government, publishing, and other commercial markets. The company is headquartered in Blue Bell, Pa., in the Greater Philadelphia area.

For more information on the company, access the Unisys home page on the World Wide Web at www.unisys.com. Investor information can be found at www.unisys.com/investor.> Unisys is a registered trademark of Unisys Corp. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.