Scan-Optics, Inc., Ships System to Japan for New Health Claims
Processing Segment
MANCHESTER, Conn., Dec. 15 /PRNewswire/ -- Scan-Optics, Inc., (Nasdaq: SOCR - news) a leading provider of high
volume document processing systems, today announced that the Company has completed the previously announced
development project, valued at over $800,000, to provide a high speed image and data capture solution for another segment
of the medical claims processing requirements of Japan. The initial system has completed acceptance testing and is being
shipped to Japan.
Medical claims processing in Japan reaches volumes estimated at 100 million claim forms per month. The Company is in
the process of fulfilling the requirements of the Japanese health organization which processes 60% of the claim forms on a
countrywide basis. The new system will be focused on processing the remaining 40% of the claim forms. This system is
based on the Company's highly successful Series 9000 Medical Claims Processing Solution currently utilized in Japan and
the United States.
The system is being delivered to its longtime Japanese distributor, Toyo Officemation, Inc., a subsidiary of Mitsui & Co.,
Ltd., and Oki Electric Industry Company Ltd., with whom the Company has teamed to complete this development.
In discussing this initial system delivery, Mr. Richard C. Goyette, Vice President of Sales and Marketing for Scan-Optics,
said, ''As we released earlier, the delivery of this initial system is expected to be the forerunner for additional systems
extending over the next several years.'' Mr. Goyette added, ''We are very pleased with the results of this development
effort and the potential for this program as we take this exciting new product into the Japanese market with our valued
partners, Oki Electric Industries, Ltd. and Toyo Officemation. From both a business and social perspective, we are pleased
to be playing a key role in the Japanese health care industry.''
Scan-Optics, Inc., is recognized internationally as an innovator in the information management and imaging systems
business. The Company provides products and systems for character recognition, image processing and display, data
capture, data entry, and multi-user business computers. Scan-Optics' systems and software are marketed worldwide to
commercial and government customers either directly or through distributors.
SOURCE: Scan-Optics, Inc. |
