New Oce 750II MICR Solution Delivers Productivity and Flexibility Advantages To a Wide Range of Industries

BOCA RATON, Fla., Oct. 21 /PRNewswire-FirstCall/ -- Oce, a leading provider of production-class digital printing solutions, today announced a state-of-the-art, cut-sheet digital MICR printer that accommodates up to one million impressions per month. The new Oce 750II MICR rounds out Oce's broad offering of MICR functionality and reinforces the company's leadership as a provider of world-class MICR printing solutions. As customers face pressure to do more with less, this new solution builds on the proven value of the Oce 750II to give customers an enhanced solution to fully address their MICR requirements.

The 75 ppm Oce 750II MICR system is ideal for midrange transactional production and distributed printing environments needing checks, pre- authorized drafts, bankcard checks, coupon payment books, and deposit books and other MICR documents. Users in a wide range of industries including banking and financial services, insurance, service bureaus and direct mailers will gain significant benefits from the printer's reliable, versatile performance and advanced finishing features usually found in much higher priced systems. With on-demand printing of high-quality MICR output, organizations can save time and eliminate the risk of storing blank pre- printed checks and other negotiable documents. The Oce 750II MICR printer is fully backed by the Oce MICR Guarantee. Installed Oce 750II printers can be upgraded to dedicated MICR functionality, providing existing customers an investment with future-proof adaptability.

"Every industry today faces pressure to do more with less, and Oce is committed to helping organizations meet this challenge. Now our customers have a flexible midrange solution for their MICR applications with lower costs, a smaller footprint, and advanced finishing features rarely found in competitive systems," said Carl Joachim, vice president of marketing for Oce Printing Systems USA. "We already offer MICR support on our popular high-speed Oce VarioStream(TM) and Oce VarioPrint(TM) families. With this latest entry, we are migrating this important capability to other members of our product line. This gives our customers a wider range of fully capable solutions and prepares them to handle whatever work comes their way."

PRISMA(TM) multiple data stream and resolution support provides users with the flexibility to accept MICR print jobs from all the sources in the enterprise, without regard for platform, printer language, protocol or network operating system. Commercial printers can accept MICR jobs from a wider range of customers without incurring expensive, time-consuming reprogramming. With MICR and PRISMA support, the Oce 750II can serve as a reliable device for lower volume production check printing and other MICR applications.

About Oce:

Netherlands-based Oce N.V. (NASDAQ: OCENY), with a workforce of more than 22,000 people and 2002 revenues of $3.2 billion, maintains research and manufacturing centers in the Netherlands, the United States, Germany, France, Belgium, the Czech Republic, and Japan. Oce's North American headquarters is located in Chicago with major business units in Chicago; New York City; Boca Raton, FL; San Jose, CA; Salt Lake City; and Coventry, RI. North American revenues were $1.3 billion for fiscal 2002, and employment is currently 9,600. For more information about Oce, visit http://www.oceusa.com/ . Outside the U.S., consult http://www.oce.com/ .

All rights, including rights created by patent grant or registration are reserved. All hardware and software names are trade names or trademarks of their respective manufacturers.

CONTACT: Gretchen DeWeese-Kowalczyk of Oce Printing Systems USA, Inc.-
Atlanta, +1-770-395-3409, Email Contact

Web site: http://www.oceusa.com/
http://www.oce.com/




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