Cummins-Allison ULC Introduces High-Speed Banknote Processing Solution

The JetScan iFX i100 scanner reads notes accurately the first time — greatly reducing time lost due to machine stoppage

JUNE 28, 2011 — MT. PROSPECT, IL — Cummins-Allison ULC, the leading innovator and provider of coin and currency handling solutions, today introduced the JetScan iFX™ i100 desktop banknote solution to the Canadian market. The device scans at a rate of 1,200 notes per minute — including the new polymer notes. Organizations can now benefit from faster throughput, higher levels of counterfeit detection and lower note rejection rates.

The JetScan iFX i100 sets new industry standards and is the first desktop currency scanner to offer high-speed serial number capture and instant database storage. The i100 also comes standard with a currency scanning and counting feature at an industry-leading rate of 1,200 notes per minute.

Cummins-Allison President Doug Mennie said, "This new product is another milestone in our long tradition of developing game changing technology. The addition of serial number capture to our portfolio gives customers the ability to quickly and easily record and track currency."

The i100 is part of Cummins-Allison revolutionary iFX document imaging platform, which features advanced currency processing capabilities. With the JetScan iFX, documents are processed quicker, accurately and with fewer stops for unmatched productivity.

According to Mennie, the JetScan iFX product line will continue to get more exciting. "This new technology paves the way for the ultimate in deposit processing. With a single machine that images and processes currency and checks companies can streamline Accounts Receivable functions and reduce deposit processing costs."

For more information on the new JetScan iFX i100 and other JetScan iFX products, visit www.cumminsallison.com/ifx.



About Cummins-Allison

Cummins-Allison is a global leader in developing technologies which count, sort and authenticate currency. The U.S.-based company has a 100+ year heritage of leadership in technology and product innovation and currently serves the majority of financial institutions worldwide, as well as leading organizations in retail, casinos, law enforcement and government. The company holds more than 350 U.S. patents and has ongoing research and development (R&D) investments double the industry average. Cummins-Allison is headquartered near Chicago, IL with R&D centers near San Diego, CA and Philadelphia, PA and wholly owned subsidiaries in Canada, the United Kingdom, Ireland, Germany and France. The company also has an extensive sales and service network with more than 50 offices in North America and is represented in over 70 countries. For more information visit cumminsallison.com.

Contacts

Carol Moore – Vice President Marketing
Cummins Allison Corp.
Tel: 847.759.6403
moorec@cumminsallison.com

Suzy Watson
Outlook Marketing Services, Inc
Tel: 312.873.3423
sgwatson@outlookmarketingsrv.com