SOURCE: BankServ

October 17, 2008 09:00 ET

BankServ Pairs With Ambir Technology to Bring Affordable, Secure Online Check Deposits to the Medical Office Desktop

SAN FRANCISCO, CA--(Marketwire - October 17, 2008) - BankServ (www.bankserv.com), worldwide experts in payments, today announced its partnership with Ambir Technology, Inc. (www.ambir.com), a manufacturer and marketer of scanners and digital imaging software solutions. Together, BankServ and Ambir bring to market a packaged online check deposit solution designed specifically for the healthcare industry. This bundled online deposit system will include BankServ's award-winning DepositNow software and Ambir's cost-effective duplex ID and insurance card scanner.

Using the DepositNow solution with an Ambir document scanner, healthcare providers -- including doctors, dentists, hospitals and other medical offices -- can securely and easily deposit check payments right from the medical office desktop into their existing checking account. Online check deposits can be made to any U.S. bank account, without the need to change banking relationships.

"This partnership with BankServ enables a powerful and new capability for users of Ambir document scanners," said Mike O'Leary, CEO, Ambir. "Medical offices can now use one piece of technology, their Ambir scanner, to scan medical documents and check payments. With DepositNow, our medical office clients can electronically make deposits to their existing checking account, letting them get paid faster and save valuable time and money."

Medical offices save time and money with DepositNow by streamlining their payments workflow and removing the delay between receiving a check and depositing the check. With their Ambir scanner, office staff can instantly convert printed documents such as insurance cards, driver's licenses or other paperwork into easily shared electronic files and can now use that same scanner to safely and quickly deposit checks online.

"Research shows that online check deposit adoption can be accelerated with reduced up-front cost of check scanners," said Dave Kvederis, CEO, BankServ. "This exciting partnership allows medical offices to use the Ambir scanner they already own or that they purchase to perform multiple tasks essential to running a healthcare service. The cost of a check scanner is eliminated as a reason businesses might not switch to online check deposits."

For a first-hand demonstration of DepositNow, visit Ambir Technology at booth #2019 during the Medical Group Management Association (MGMA) Annual Conference in San Diego, October 19-22. Or, visit BankServ at booth #344 at the Association for Financial Professionals (AFP) Conference in Los Angeles, also on October 19-22.

About DepositNow

DepositNow, BankServ's award-winning payment solution for businesses of all sizes, enables safe, secure online check deposits of paper checks and remains the only product to automate the accounting related to online deposits for QuickBooks® and Peachtree® users. More information about DepositNow can be found at www.depositnow.com.

About BankServ

Since 1996, BankServ has been developing and delivering electronic payments technology for financial institutions across the globe, including systems for Fedwire, SWIFT, person-to-person payments and Check 21. More information about privately held BankServ can be found at www.bankserv.com.

About Ambir Technology

Founded in 2001, Ambir Technology, Inc. has proved to be the industry leader in digital capture products. We provide hardware and software solutions for ID card and document management in business processes. Our products provide quick digital scan and capture of text and images from documents, IDs, photos and all other printed materials. Ambir solutions are specifically designed to maximize workflow, increase productivity and improve data security to save time and reduce costs.

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