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Technology Stocks : Anacomp(ANCO) ready to rock

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To: Paul Lee who wrote ()7/22/1999 4:21:00 PM
From: Paul Lee   of 90
 
Anacomp Signs Digital Document-Management Services Agreement with NCR Corporation

CD Services Provide Cost-Effective Solution for Delivery Of

Financial Reports to NCR's Bank and Credit Union Customers

SAN DIEGO, July 22 /PRNewswire/ -- Anacomp(R), Inc. (Nasdaq: ANCO), a leading provider of digital document-management services, reported today that it has signed an outsource services agreement with NCR(R) Corporation to provide CD services for the storage and delivery of financial reports to NCR's bank and credit union customers.

NCR, a leading provider of information technology solutions that enable businesses to capture and analyze data, looked to Anacomp when its financial services customers asked to receive financial reports on a medium that offers rapid accessibility and easy storage. Under the two-year agreement, Anacomp will transform the electronic data it receives daily from NCR to CD media, index the financial reports for easy access and retrieval, and distribute the CDs directly to NCR's customers. Anacomp is providing CD services for the NCR data centers located in Dallas, TX; Virginia Beach, VA; Columbia, MD; and Framingham, MA. The four centers have a combined customer base of 250-300 banks and credit unions.

"Anacomp's focus is on providing proven solutions which utilize the latest technology to enable our customers to better serve their customers," said Donald W. Thurman, executive vice president of Anacomp. "Our CD services offering is an affordable tool that allows companies to focus on core competencies by outsourcing non-core functions. As NCR's business partner, Anacomp adds value through fast, reliable document delivery, retrieval and storage."

NCR Corporation (NYSE: NCR) is in the business of transforming transactions into relationships. NCR is a recognized world leader in data warehousing solutions, ATMs, point-of-sale, high performance scanners, and support services for retail, financial and national accounts markets. NCR's business solutions are built on the foundation of the company's long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and world-leading hardware technology. More information about NCR and its products may be found on the World Wide Web at www.ncr.com.

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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