Open Scan Technologies to Distribute DocuTran, AutoEncode

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HOFFMAN ESTATES, Ill., August 5, 2002 -- Tangent Systems Inc. today announced that Open Scan Technologies Inc. has become a distributor of Tangent's DocuTran® software.

Open Scan will concentrate on selling Tangent's popular new AutoEncode™ feature, which seamlessly integrates check encoding and clearing to any payment or forms solution.

The agreement allows Open Scan to resell the AutoEncode software as part of its standard offering, thus providing a complete solution that includes the preparation of checks for deposit.

"Open Scan's exception mail processing system has changed the way people think about exception and white mail," said Steve Mack, president of Tangent Systems. "We are pleased to play a part in Open Scan's 'exceptions revolution.' We have been jointly installing systems with Open Scan for four years, and this is a natural extension of our relationship."

Nadine Lange, president of Open Scan Technologies, said, "Now AutoEncode is an option available to Open Scan customers under their existing license agreements. With Open Scan providing AutoEncode as a standard part of their solution, customers will receive the maximum return on their investments while gaining more control over their cash."

AutoEncode is currently in production in conjunction with Open Scan solutions at four locations, and a number of pending installations will come on line in the next few months.

AutoEncode uses the same technology as Tangent's proven and reliable DocuTran II transaction and document processing solution. The seamless integration between Open Scan's mail scanning solution and AutoEncode's automated check encoding and clearing provides customers the benefit of improved check encoding accuracy, tighter financial control, enhanced productivity and easier returned-check research. AutoEncode runs on all major transports, including those from BancTec, CTS, Fuji, NCR, Panini, SEAC and Unisys.

Under the agreement, Tangent Systems also will offer Open Scan's exception handling solutions to current DocuTran users.

"Tangent customers also can benefit from this relationship with improved efficiency in handling exception work," Mack said.

About Tangent Systems

Tangent Systems Inc., headquartered in Hoffman Estates, Ill., specializes in the development of software solutions designed to process high-volume and unique or complex paper-based transactions. Founded in 1984, Tangent is well known for its proven and flexible DocuTran software, which has been used on hundreds of systems worldwide and has earned a reputation for quick and reliable implementation. In addition to software, the company also provides on-site training, application maintenance support and software customization tools. For more information on Tangent Systems Inc. or any of its solutions, call 847/882-3833 or visit www.tangent-systems.com.

About OpenScan

Open Scan® Technologies Inc. was founded and established in Denver, Colo., in July of 1998. Open Scan has produced a solution for the remittance industry that automates a traditionally labor intensive, high cost mail application. Once the mail has been opened, it is then prepped and scanned in one pass, while the integrity and management of all documents is maintained throughout the process. Open Scan specializes in innovative methods of data extraction and processing. For more information on Open Scan solutions call 303/333-7444 or visit the Open Scan Web site at www.openscantech.com.