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Technology Stocks : Anacomp(ANCO) ready to rock

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To: Paul Lee who wrote ()6/29/1999 8:11:00 AM
From: Paul Lee   of 90
 
Anacomp to Provide Digital Document-Management Solution For BICS-Banque Populaire

Leading French Bank Chooses Anacomp's ImageSTAR System to Enhance Operations

SAN DIEGO, June 29 /PRNewswire/ -- Anacomp(R), Inc. (Nasdaq: ANCO), a world leader in digital document-management solutions, today announced an agreement with BICS-Banque Populaire of France to implement an in-house ImageSTAR(R) digital document- management system to provide delivery, retrieval, and storage of BICS' customer account statements and transaction records.

ImageSTAR is Anacomp's enterprise-wide digital document-management offering in the European market providing extensive capabilities in document acquisition, storage, and delivery. Under this agreement, Anacomp has initially installed the ImageSTAR application to manage computer-generated documents and will next implement the scanning and image capture components. In total, the system will sort and store in excess of 70 million pages annually. Documents will be indexed by account number and will be immediately available to BICS' back-office personnel who support the 90 branch locations concentrated in Paris and surrounding areas. ImageSTAR, which replaces BICS' existing film-based system, significantly reduces access time and delivers increased productivity through rapid availability of customer information.

"Anacomp is pleased to have been selected by BICS to provide a solution that offers both enhanced customer service and the ability to grow as our customer's business expands," said Peter Williams, executive vice president of Anacomp. "This agreement reflects Anacomp's commitment to the continued growth of our digital offerings in Europe and strengthens Anacomp's position in the global financial services market."

"Anacomp has a unique solution that fit our distinct needs in the computing environment of our choice," said Jean-Claude Beaujot, managing director of BICS-Banque Populaire. "We were especially impressed with Anacomp's technical competence and its commitment to this solution."

Anacomp images more customer documents than anyone else in the world. The company is a leading provider of digital document-management outsource services, field maintenance services, and document-management systems and supplies. For more information, visit Anacomp's web site at www.anacomp.com.
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