Rosetta Technologies, NetDeposit and Ricoh Printing Systems America Complete the Coast-to-Coast Installation of IRD Production- Printing Systems

Rosetta Technologies, NetDeposit and Ricoh Printing Systems America Complete the Coast-to-Coast Installation of IRD Production- Printing Systems

TAMPA, Fla., Dec. 22 /PRNewswire/ -- Rosetta Technologies Corporation reported today that it has now completed the sale and installation of a number of turnkey Image Replacement Document (IRD) production printing systems at a major customer's locations across the U.S.A.

IRDs or substitute checks have been mandated as legal tender by the "Check Clearing for the 21st Century Act," a law that went into effect on October 28, 2004.

"These systems demonstrate that the Rosetta IRDPrint Director(TM) software is the only field-proven product that is available today with complete print management functionality to fully leverage the advantages of the Check 21 act," said Rob Hullar, CEO of Rosetta Technologies.

The systems each have the capacity to print up to 2.4 million IRDs per month. They represent the combined performance of NetDeposit, Inc.'s Distributed Print Server(TM), Rosetta's IRDPrint Director(TM), and Ricoh Printing Systems America's (RPSA) DDP 92 laser printer, engineered by Rosetta Technologies for ANSI-compliant MICR output.

The DDP 92 MICR printers are managed by Rosetta Technologies IRDPrint Director(TM), providing a complete and extensible printing solution that outputs substitute checks that meet the ANS X9.100-140-2004 standards in any of the required formats. The IRDPrint Director(TM) provides conversion, job sorting and re-composition, queue management, load balancing, audit and security functions, and printer fail-over protection.

In close partnership with NetDeposit, Inc., a leading innovator of Check 21 software products for the financial industry, Rosetta Technologies has created an input processing module for IRDPrint Director(TM) that accepts both ANS standard X9.90/100 input and the more efficient "Image Replacement Document Print Markup Language (IPML)" format created by NetDeposit. "The IRDPrint Director(TM) software allows for the effective rendering of IRDs and provides for very fine control over document composition. It was also designed to drive our MICR laser printers at rated speed, when most printers slow down due to the heavy data load of the IRD image files, a very important consideration for production print environments," said Hullar. "This was truly a team effort approach by NetDeposit, RPSA, Rosetta Technologies and our mutual customer," he added.

"As an Enterprise MICR Solution partner in NetDeposit's Printer Provider Partner Program, Rosetta Technologies provides robust MICR laser printing solutions from 20 to 184 impressions per minute. Using IRDPrint Director(TM) software, banks and third-party processors can now select the combination that best meets their output requirements."

"Endorsed MICR check printing systems like Rosetta Technologies' family of products, coupled with NetDeposit's Distributed Print Server product and Rosetta's IRDPrint Director(TM), provide tested solutions that bring a secure, integrated and cost-effective way to produce high quality IRDs," stated Danne Buchannan, CEO of NetDeposit, Inc. "As the first-to-market, standard-setting leader in IRD development and production solutions, it has been imperative that we acquire best-of- breed partners to deliver our end-product IRDs," he added. "Rosetta Technologies' MICR engineering skills, software capabilities and reputation makes them a valuable ally in addressing this vital new market."

Osamu Namikawa, CEO of RPSA, adds, "The DDP series laser printers have an established MICR printing track record, and they are the best selection for reliable production printing of IRDs with this new application."

Rosetta Technologies provides a range of printing solutions to accommodate banks and third-party check item processors in centralized and remote locations.

About Rosetta Technologies Corporation

Rosetta Technologies Corporation has been developing MICR printing solutions since the early 1990s. As a total solution leader for enterprise check printing, the Company delivers a full-service product set for business-critical applications such as check printing and secure documents. The Company's offerings include a complete family of MICR laser printers from 37 to 276 IRDs-per-minute engineered by Rosetta Technologies for ANSI-compliant MICR output, software packages for electronic document creation, output management and disbursement, post- processing equipment, supplies, and electronic document creation services. On the Web: http://www.rosettatechnologies.com/ .

About NetDeposit, Inc.

NetDeposit, Inc. is a leading innovator of Check 21 software products for banks, third-party processors, and commercial businesses to enable distributed capture, point-of-entry truncation, optimized clearing and full settlement reporting. NetDeposit's product suite operates from a robust and highly scalable technology platform that electronifies paper and manages item level clearing through the optimal eligible channel - whether a clearing house, Federal Reserve, or paying bank. NetDeposit, Inc. is a wholly owned subsidiary of Zions Bancorporation (NASDAQ:ZION) in Salt Lake City, Utah and San Mateo, California. More information can be found at http://www.net-deposit.com/ .

About Ricoh Printing Systems America, Inc.

Ricoh Printing Systems America, Inc. is a leading provider of production printing systems, including spot color and black & white digital printers, scanners, and software solutions. RPSA offers printing solutions through OEMs, resellers, and directly to end-users. RPSA, and its subsidiary Ricoh Printing Systems Europe, markets and distributes products in North, Central and South America, Europe and the Middle East. Information about RPSA's complete range of products and services can be accessed on the world wide web at http://www.rpsa.ricoh.com/ .


Source: Rosetta Technologies Corporation

CONTACT: Warren Denby of Rosetta Technologies Corporation,
+1-813-623-6205

Web site: http://www.rosettatechnologies.com/
http://www.net-deposit.com/
http://www.rpsa.ricoh.com/


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