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BLM Technologies Signs Strategic Reseller Partnership Agreement With CTS North America; Global Manufacturer Selects BLM Technologies to Distribute Desktop Scanners

Posted on: Monday, 14 November 2005, 09:00 CST

Minneapolis-based BLM Technologies, Inc., a single source provider of technology consulting and branch automation solutions and services for the retail banking industry, announced a strategic reseller partnership with CTS North America. Atlanta-based CTS North America is a global desktop scanner manufacturer that has sold more than one million products since its inception 25 years ago.

The partnership agreement, signed last month, positions BLM Technologies as one of CTS North America's select group of key resellers spread across the continent's many regions. BLM Technologies will distribute CTS North America's desktop scanners, as well as provide technical support and maintenance for their customers.

"Everything we were looking for in a partner, we found in BLM," said Alex Trombetta, vice president of sales and business development for CTS North America. "They have extensive experience in this market, and we look forward to developing profitable businesses together."

BLM Technologies will distribute CTS North America's four models of desktop scanners, the LS 100, LS 200, LS 515 and LS 800. The models range from a simple teller station scanner to a back office machine capable of processing 200 documents per minute. The variety of options complements BLM Technologies' mission of finding the optimal machine to satisfy each customer's needs.

"Due to stricter desktop scanner requirements enforced under Check 21, the market is expanding rapidly," said Ron Meinhardt, president of BLM Technologies. "We will focus on distributing CTS' desktop scanners at present, and we envision expanding our relationship in the future."

About BLM Technologies, Inc.

Headquartered in Minneapolis, BLM Technologies is a single source provider of information technology consulting and branch automation solutions and services for the retail banking industry. BLM Technologies provides complete solutions nationwide including hardware sales, service and installations; banking specific software and software integration; on-site and depot repair services; and asset disposal/recycling services. BLM Technologies sells and services products from leading manufacturers of banking hardware. BLM Technologies also provides banking software solutions, including teller software, new account and check 21 and loan/document imaging. Their staff has been providing services and hardware for over twenty-five years. For more information about BLM Technologies, visit www.blmtechnology.com.

About CTS

CTS is a private industrial group of 5 companies, including CTS electronics, CTS Cashpro, 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 image capture solutions to financial institutions. CTS is the world leading manufacturer for check scanner devices; with 120 engineers in R&D, CTS has an incomparable critical mass production, a slim and efficient staff organization, and is ready to support the worldwide growing demand for scanners devices. 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, ATMs (Dispensing and Depositing Systems). For more information, visit www.ctsna.com.

Source: Business Wire

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