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Nipson's Micready Varypress 400 Receives APACS Certification

Press release from the issuing company

(Elk Grove Village, IL)  December 7, 2004 – Nipson announces that its VaryPress 400 digital production press with MICReady toner, has received approval for its technology from the Association for Payment Clearing Services (APACS).  Set up in 1985, APACS is a non-statutory association of institutions that deliver payment services to end customers. The organization sets the parameters for check printing that has been adopted widely as the global standard. This approval broadens the scope of applications and geographic areas that the Nipson VaryPress 400 can serve. Nipson’s MICReady systems are an ideal solution for Magnetic Image Character Recognition (MICR) printing because they allow printers to seamlessly integrate MICR print into standard digital printing with no need to change to more expensive toner, adjust equipment, or change parts.  And at speeds of up to 410ft/min, Nipson VaryPress can produce 2,690 checks per minute making it the fastest MICR printing system in the world. Nipson’s MICReady is ideal for printers looking for a flexible digital solution that can serve many markets without the need for lengthy and expensive changeovers.  With MICReady toner Nipson presses can produce checks, checks within direct mail promotional pieces, as well as insurance forms, bank statements, and other transactional documents.  Printers can also service non-MICR applications with no additional cost or loss of productivity. This certification was made possible by many of the revolutionary product enhancements that Nipson announced at Drupa 2004. These include toner reformulation and newly designed print heads.  Although Nipson presses have been MICR by default previously, MICReady encompasses a much broader range of applications and geographic regions in which it can be adopted.

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