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Technology Stocks : Anacomp(ANCO) ready to rock

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To: Paul Lee who wrote ()11/17/1999 9:15:00 AM
From: Paul Lee   of 90
 
Anacomp Introduces Internet-Based Item and Statement e-Warehouse for Banking

New Service Offering Delivers a Custom Banking Application Based on Anacomp's

Industry-Leading Internet Document Services

SAN DIEGO, Nov. 17 /PRNewswire/ -- Anacomp(R), Inc. (Nasdaq: ANCO), a leading application service provider (ASP) for digital document management, will exhibit its newest Internet-based service offering for the banking industry at the BAI Retail Delivery Conference in Miami, Florida, December 7 - 10, 1999. The Item and Statement e-Warehouse offers a new solution to a major challenge facing banks today-storage and retrieval of customer statements and other items. Anacomp's Item and Statement e-Warehouse, an application of the company's Internet Document Services(SM), gives banks a secure all-in-one storage and web-based delivery solution for these documents, provided as an economical, convenient outsource service.

Anacomp's Item and Statement e-Warehouse service provides efficient storage and online access for bank documents of virtually any type. Anacomp transforms statements, check images and other documents to a web-compatible format and hosts them in the company's "e-warehouse" of integrated storage systems and web servers. Bank personnel and customers can access specific information in these documents over secure private-network or Internet connections, using standard browser-based viewing tools. This service integrates information that is now commonly processed separately; for example, a CSR can quickly match the image of a customer's check with the corresponding statement to verify the date and place of payment.

"Customer service can be an important competitive advantage," says Anacomp Executive Vice President Donald W. Thurman. "Our Item and Statement e-Warehouse reduces the time it takes to retrieve customer documents from days to seconds, enabling banks to resolve customer inquiries on the spot. Banks can even provide information directly to customers on a self-service basis through their web sites."

For a demonstration of the new Item and Statement e-Warehouse, visit Anacomp at booth 2397 at BAI Retail Delivery Conference. Conference attendees can also register to win a Bose(R) Wave(R) Radio/CD, a $500 value.
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