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MICR Tech Inc. Outsources Channel Sales to Frontline Associates Inc.

BROWNSTOWN, Ind. — MICR Tech Inc., a leading international solutions provider for laser printer MICR (Magnetic Ink Character Recognition) products, announced that it is outsourcing its channel sales function to a national sales company called FrontLine Associates Inc.

FrontLine Associates will sell MICR Tech’s “Complete MICR Solution,” which allows all sizes of organizations to print their own checks and official documents with laser printers.

Under the agreement, FrontLine Associates will initially focus its sales efforts within the office products channel, specifically contract stationers and wholesalers.

“MICR printing is no longer a ‘niche’ market,” said Tom Dyer, MICR Tech’s president, “and a growing number of small to large businesses have recognized the value and security of printing checks and other negotiable documents in-house and are looking for MICR solutions from their office products vendors.”

According to Al Segreti, president of FrontLine Associates, “The traditional contract or commercial stationer is an emerging channel for the sales of MICR printing solutions. This channel has been focused on high-margin computer and imaging supplies, PC software and document and print management solutions; therefore, adding MICR printing solutions to the product mix is a natural extension of the high level of service they bring to their customers.”

Since 1989, MICR Tech has provided MICR solutions and consulting, and a complete line of products for secure MICR check and document printing including MICR toner cartridges, printers, software, blank check stock and testing equipment. It also provides the formatting of MICR font, check signatures and logos.

Contact MICR Tech at (812) 328-5400 or visit www.micrtech.com. Contact FrontLine Associates at (603) 594-8799 or visit www.frontlineassociates.com.

This article originally appeared in the March 2003 issue of Recharger.