Canon U.S.A. Showcases Its Image Capture Technologies at BAI Retail Delivery Show

Canon Displays Award-Winning Check Transport and Digital Scanning Solutions for Financial Marketplace

• Press Release
• Source: Canon U.S.A., Inc.
• On 9:00 am EST, Tuesday November 3, 2009

BOSTON--(BUSINESS WIRE)--Demonstrating its ability to improve efficiency, control and security for financial institutions and their customers through the use of its check transports and scanning hardware, Canon U.S.A., Inc., a leader in advanced digital imaging technologies and supplier of check capture devices, will showcase the versatility and benefits of its check transports and digital document scanners, including the top-of-the-line imageFORMULA CR-180II and CR-55 Check Transports, at the Bank Administration Institute (BAI) Retail Delivery Show, beginning today in Boston, Booth # 438.

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“Today’s financial marketplace is at a critical crossroad of finding ways to streamline business practices while keeping overhead costs down and still improving the payment and transaction process,” said Jim Rosetta, vice president and general manager, Imaging Systems Group, Canon U.S.A. “As a recognized provider of advanced image capture and scanning solutions, we will demonstrate how our document scanners and check transports offer customers and financial institutions a practical solution to meet the real-world needs of the financial marketplace at BAI’s show.”

Canon solutions on display during this year’s show include:

• imageFORMULA P-150 Personal Scanner: Launching later this year, the P-150’s compact size and simple use liberates document capture by taking it beyond the walls of the office to the convenience of any user location. Its innovative design and outstanding value make it ideal for use by “road warriors” and office users for general-purpose distributed document scanning applications to improve personal efficiency and productivity, as well as check scanning in remote deposit capture applications. Measuring only 11 inches long, 3.7 inches wide and 1.6 inches high and weighing just over two pounds, the P-150 redefines the minimum dimensions of a document scanner with automatic document feeder. The Canon P-150 can scan a batch of up to 20 letter-sized documents at up to 15 pages-per-minute (ppm) and 30 images-per-minute^I (ipm), yet still fits easily into a briefcase. For quick use and minimal setup, the P-150 can use electrical power via a single USB cable connected to a PC, and when first connected will immediately launch Canon CaptureOnTouch Lite. This “Plug-and-Scan” capability lets users easily and instantaneously start scanning without installing drivers or imaging applications, decreasing the time needed to initiate a scan and simplifying the scanning process.
• imageFORMULA CR-180 II Check Transport: Offering a fast, reliable solution for batch conversion of paper checks into electronic images, the CR-180II is perfect for high-volume distributed or branch capture, and remittance / lockbox processing applications. It can scan up to 180 double-sided checks per minute^II (cpm), while simultaneously reading Magnetic Ink Character Recognition (MICR) data. The CR-180II delivers high-quality images compliant with Check 21 and features two output pockets for easier post-scan sorting, and a built-in endorser. It comes bundled with Silver Bullet Ranger Transport API software that allows users to mix and match the types of item processing software and hardware they select.
• imageFORMULA CR-55 Check Transport: The CR-55 is a convenient, compact solution to decentralize payment processing from the first point of presentment to settlement. Ideal for teller and branch capture, it offers high-quality scanning, at speeds of up to 55 cpm,^II and is compliant with Check 21. The CR-55 simultaneously reads MICR data and features a built-in endorser. It is bundled with the Silver Bullet Ranger Driver as well as Infrared Double Feed Detection and Paper Thickness Adjustment capabilities for reliable paper feeding and image capture.
• imageFORMULA CR-25 Check Transport: Compactly designed, the CR-25 is an easy-to-use solution perfect for remote deposit/merchant capture applications. It can scan up to 25 cpm,^II and is compliant with Check 21. The CR-25 reads MICR data, comes bundled with the Silver Bullet Ranger Driver, and includes features such as Infrared Double Feed Detection and Paper Thickness Adjustment capabilities for reliable check feeding.

About Canon U.S.A., Inc.

Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions. Its parent company, Canon Inc. (NYSE:CAJ - News), a top patent holder of technology, ranked third overall in the U.S. in 2008†, with global revenues of US $45 billion, is listed as number four in the computer industry on Fortune Magazine's World’s Most Admired Companies 2009 list, and is on the 2009 BusinessWeek list of "100 Best Global Brands." Canon U.S.A. is committed to the highest levels of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. At Canon, we care because caring is essential to living together in harmony. Founded upon a corporate philosophy of Kyosei – "all people, regardless of race, religion or culture, harmoniously living and working together into the future" – Canon U.S.A. supports a number of social, youth, educational and other programs, including environmental and recycling initiatives. Additional information about these programs can be found at www.usa.canon.com/kyosei. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss.

†Based on weekly patent counts issued by United States Patent and Trademark Office.

All referenced product names, and other marks, are trademarks of their respective owners.

Specifications, availability and prices are subject to change without notice.

^I Examples based on typical settings, rated in pages/images per minute with letter- sized documents, landscape feeding direction, up to 200 dpi. Actual processing speeds may vary based on PC performance and application software.

^II Examples are rated in checks/images per minute with U.S. personal checks at 200 dpi in black-and-white or grayscale.

Canon U.S.A. Web Site:
http://www.usa.canon.com
or
For sales information/customer support:
1-800-OK-CANON
or
Editorial:
Canon U.S.A., Inc.
Mike DeMeo, 516-328-4928
mdemeo@cusa.canon.com
or
Christopher Smith, 516-328-5184
chsmith@cusa.canon.com