Athens, GR, July 27, 2005 - CubeIQ Ltd. , an IT company provider of software solutions and systems for financial and corporate institutions, today announced the availability of CTS Electronics' Camilla and LS800 new document & item scanners for the Greek market.

Camilla extends the capabilities for managing documents with different formats and thickness at the teller side. With a throughput of 250 mm/sec that ensures high performances, and a footprint not larger than a compact desktop users will have an optimal all-in-one solution for managing cheques, payment slips, plastic cards, passbooks,  passports, contracts and other documents up to a A4 size. Fields of application for CAMILLA are the front offices of financial, utilities and government organizations where the load and variety of documents that are processed daily would be best managed by such a powerful and flexible peripheral.

LS800 is the new high-end desktop document and item scanner manufacturer by CTS Electronics. With his high proclivity that can reach 200 docs/min, high capacity with a feeder of 500 docs and a sorting module up to 2.500 docs, choice of features and his proven flexibility & reliability is the de-facto choice from banks and financial institutions for medium volume (48.000 to 72.000 docs per day) cheque processing back-office applications.

More information for Camilla and LS800 can be found at the link www.cubeiq.gr/products/check_proc/cts_scanners_2.htm

About CTS Group

CTS - www.ctsgroup.it - is a private industrial group of five companies, including CTS electronics, CTS Cash Pro, CTS Integrated Systems, CTS Manufacturing and CTS North America. With more than one million units sold world wide and its large product portfolio, CTS is uniquely positioned in the banking automation industry to provide specialized banking devices, terminals, systems and solutions. 

Today CTS Electronics and its participated Companies are a privately owned industrial Group with a total workforce over 180 employees, mainly devoted to R&D activities and with a real capability to stand for excellence in Banking Automation. The extensive CTS catalog includes Document Processing devices (Scanners, Readers, Encoders), EFT-POS terminals, Card Personalization Printers, OEM Modules and Dispensers, Cash Recycling and Processing, ATM's (Dispensing and Depositing Systems).

About CubeIQ

CubeIQ Ltd. - www.cubeiq.gr - is a leading provider of software solutions, systems, business process re-engineering solutions and professional services to banks, financial institutions and corporations in South and East Europe. CubeIQ's portfolio of solutions and systems include: Item & Document - Cheque Processing Systems, Cheque Book Issuance Systems, Fraud Detection & Prevention Systems, Anti Money Laundry Systems, Electronic Transaction Processing & Card Management Systems, SWIFT Reconciliation and Messaging Applications, Document Management & Electronic Workflow Systems, Prepaid Services Electronic Distribution Systems, SMS Messaging Systems, Electronic Loyalty Systems and a number of specialized equipment such as Cheque Scanners, Encoders, Sorters, Cheque Book Issuance Machines, Single & Dual Terminal Cash Dispensing - TCDs and Cash Recycling Machines - TCRDs, Cheque Book Dispensing - Cheque Deposit, Bill Payment and Multifunctional Terminals, specialized Automatic Teller Machines - ATMs, Cash Deposit, Cash Recycling and Multifunctional ATMs. CubeIQ was established in 2003 by a group of professionals with long and successful presence in the Greek banking market. The company is specialized in Business Process Re-engineering focused in the Banking and Electronic Transaction Processing Market. Our leading-edge software solutions can transform business processes in a more efficient, more productive and cost saving way.

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Media Contacts:

CubeIQ Media Center

CubeIQ Ltd.

ciq@cubeiq.gr