TROY Introduces First HP Based MICR MFP
10 Noviembre 2008 - 10:00AM
PR Newswire (US)
Providing companies with the ability to save space and money COSTA
MESA, Calif., Nov. 10 /PRNewswire/ -- TROY Group, Inc., a worldwide
leader in secure on-demand printing solutions, has introduced the
first HP based MICR Secure multi-function printer (MFP). The MICR
MFP provides companies with the ability to securely print financial
documents, while conserving space and saving money by eliminating
the need for multiple devices. Based on the popular HP LaserJet
3035 MFP; the TROY 3035 includes all the TROY recommended features
to help secure check printing as well as important HP features that
help protect confidential financial information. The TROY MICR 3035
Secure MFP provides customers 35 pages per minute printing, as well
as copy, fax, scan to email, and scan to file functionality. The
TROY 3035 is ideal for check printing and other office imaging
applications in retail bank branches, corporate accounting
departments, and any financial department where limited space
requires a MFP device. For over five years companies have realized
significant cost savings by switching to MFPs. However, most banks,
insurance companies and other financial institutions have not
implemented MFPs in their operations due to perceived security
risks. Specially designed to satisfy the security policies of
financial institutions, the new TROY copy-block feature built into
the MICR 3035 Secure MFP helps prevent duplicate check printing.
Like all TROY MICR printers, the MFP also offers encryption, print
audit, MICR toner sensing and 12 other important security features.
These features allow check printing to become a secure process,
helping to protect against a full range of check fraud scenarios.
The TROY MICR 3035 Secure MFP also offers flexible authentication
and authorization features from HP to help risk managers control
device access, printing, scanning to email, and secure access to
the management utility to prevent unauthorized device configuration
changes. These functions integrate with an organization's existing
authentication rule as well as existing server-based Windows NTLM,
LDAP, Kerberos, or Novell infrastructure. "Over the past five years
studies have shown that MFPs have effectively helped operations
reduce printing costs with an average savings of 41%. However, our
customers printing checks have not invested in MFP devices due to
security risks," states Larry Landtiser, Executive Vice President
and General Manager. "The new TROY MICR 3035 MFP addresses the
security risks so our customers can now enjoy these cost savings,
space savings as well as other benefits." The ongoing increase in
energy costs and rising importance of green environmental policies
is creating new demand for green technologies in business
environments. HP has introduced a new low-melt technology in their
toner which requires less energy by reducing the fusing
temperature. TROY has followed suit, by developing a MICR toner
which performs reliably with HP's reduced fuser temperature
utilizing less energy. The TROY MICR 3035 Secure MFP can utilize a
6,500 print standard yield or a 13,000 print high yield patented
TROY MICR Toner Secure Cartridge. All TROY MICR Toner cartridges
and fonts are specifically designed for use in TROY MICR and HP
LaserJet printers at standard HP fuser and printer settings,
assuring printer reliability and long printer life. TROY
manufactures and controls all aspects of MICR Toner production,
from raw materials to finished cartridges, in its ISO 9001:2000
registered facility. About TROY Group TROY Group, Inc. ("TROY") is
a worldwide leader of secure on-demand printing solutions. TROY
solutions manage, secure and simplify end-to-end enterprise
printing environments. TROY offers application software, security
printing hardware and specialized consumables for securely printing
checks, money orders, transcripts, prescriptions and other
important documents. TROY solutions are used by small and medium
size businesses as well as large enterprises and governmental
organizations to manage fraud, operational risk and comply with
government regulations related to protecting information privacy.
As a Gold Solutions Partner to Hewlett Packard, TROY is the only
company in the world authorized by HP to enhance HP printers and
consumables for use in secure printing workflows. Only TROY MICR
and Security printers and HP compatible MICR Toner cartridges are
certified by Hewlett Packard for quality and reliability. We sell
and service our products to major corporations, banks, key
government accounts and distributors worldwide. Visit TROY at
http://www.troygroup.com/ Forward-looking statements of TROY
(statements that are not historical fact) in this news release are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements may be identified by terms such as believe, expect, may,
will, estimate, could and should, and the negative of these terms
or other similar expressions. These statements are subject to risks
and uncertainties that could cause actual results to differ
materially from those discussed in the forward-looking statements.
These risks and uncertainties include, but, are not limited to, the
ability to develop new products, the ability to hire and retain
qualified management, technology and other personnel, the impact of
competition from existing and new technologies and companies and
the other factors set forth in our periodic reports and other
documents that we distribute from time to time which are available
in our financial statements under certain important factors on our
website TROYgroup.com or pinksheets.com. Statements included in
this news release are based upon information known to TROY as of
the date of this release, and TROY assumes no obligation to update
information contained in this news release. Note to Editors: TROY
is a registered trademark of TROY Group, Inc. Hewlett-Packard is a
trademark of Hewlett-Packard, Inc. All other trademarks are
property of their respective holders. For More Information Contact:
John Hodgson, Director of Marketing TROY Group, Inc. 3 Bryan Drive
Wheeling, WV 26003-6121 (304) 232-0899 (304) 232-0996 Fax
http://www.troygroup.com/ DATASOURCE: TROY Group, Inc. CONTACT:
John Hodgson, Director of Marketing of TROY Group, Inc.,
+1-304-232-0899, Fax, +1-304-232-0996 Web Site:
http://www.troygroup.com/
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