CognitiveTPG Teams Up with Digital Check to offer a New Product to the Banking Industry

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LINCOLNSHIRE, IL – January 25, 2011
CognitiveTPG (www.cognitivetpg.com), leading provider of on-demand barcode and transaction printers, teamed up with Digital Check (www.digitalcheck.com) to develop and launch a combined check scanner and thermal receipt printer, called the TellerScan® TS240TT (teller transaction printer).   The TellerScan® TS240TTP delivers the ideal solution for bank teller counters and merchant environments where check scanning and receipt printing are required and counter space is limited. 

The device combines Digital Check’s reliable, 5th generation TS240 batch-fed scanner, which scans up to 100 documents per minute with CognitiveTPG’s fast and reliable A799 thermal printer with print speeds at 250 mm/sec. 
The combined development effort grew in response to ongoing feedback from the banking market over the need for enhanced scanning, printing and space savings. Combining both functions into one unit, one footprint, saves up to 50% of valuable counter space in the teller and retail markets. 

An additional feature of the TS240/TTP includes the ability to print branding and promotional messages on each receipt independent of the teller application, similar to the types of transactions customers’ value on their ATM receipts.

“Many financial institutions are rediscovering the value and power of teller image automation. Digital Check is pleased to be working with CognitiveTPG on this new product as they have a long history and solid reputation for making quality and dependable products,” said John Gainer, Executive Vice President for Digital Check. 

Kyle Turner, General Manager for CognitiveTPG added, “we are excited to be working with Digital Check to develop an innovative, market driven product and believe our combined technical and customer driven quality will assure great success with the TS240/TTP.”

The TS240/TTp is available through Digital Check’s network of solution partners. For more information, visit Digital Check’s website at www.digitalcheck.com.

About Digital Check

Digital Check is a provider of distributed-capture check scanners for branch automation and remote deposit capture applications. The Northfield, Ill.-based company was selected for Bank Technology News’ 2008 “Ten Technology Companies to Watch” for its innovative products
and has been listed as one of the publication’s top innovators. Digital Check’s TellerScan® and award-winning CheXpress® series of electronic scanners are cost-effective and provide high quality images, MICR accuracy and reliability. The company’s scanners are available worldwide through a network of more than 70 Authorized Solutions Providers and are supported by Digital Check’s comprehensive fulfillment, training, support, warranty and repair services. For more information call 847-446-2285 or visit the company’s Web site at http://www.digitalcheck.com/.

About CognitiveTPG
CognitiveTPG is a leading provider of on-demand barcode and transaction printers to the retail, healthcare, manufacturing, service, and financial sectors worldwide. For over 35 years, CognitiveTPG has provided its customers with compact, economical and ultra-reliable printing solutions that have significant returns on investment. www.CognitiveTPG.com.

Company Contact:                                                 
Angela Mansfield-Swanson, Marketing Director for CognitiveTPG                                       
303-586-8358                                                         
angela.mansfield@CognitiveTPG.com                            

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