ALFalak Electronic Equipment & Supplies Co, a leading provider of technology-based solutions to the Middle East, has signed a distribution agreement with BancTec Inc., a global provider of advanced, high-volume document and payment processing solutions and services. Under the terms of the agreement, ALFalak will officially distribute BancTec’s highly-acclaimed IntelliScan® and E-Series high-speed document scanning and sorting equipment in the Kingdom of Saudi Arabia.
The IntelliScan® line of integrated solutions offers high-speed, high-volume, multi-application document processing at scanning speeds of up to 550 pages per minute. It features image-capturing capabilities of up to 600 dpi optical resolution. The E-Series family of document transport systems, on the other hand, is highly suitable for payment processing centers that require reading and sorting speeds ranging from 600 to 1,700 documents per minute. BancTec expects ALFalak’s almost three decades of expertise in delivering information and communications solutions throughout the Middle East to strategically position their technologies across the region’s markets.
“This partnership significantly extends our range of solutions, especially into technologies that are being adopted by both government and private enterprises on a large scale. As the biggest economy in the Middle East, Saudi Arabia offers huge potential for proven productivity equipment such as those developed by BancTec. Large organisations in particular will find these machines highly beneficial to their operations,” said Basel Humaidah, General Manager, ALFalak.
“The ability of our technologies to enhance and economise document and payment processing complements efforts underway in Middle Eastern states such as Saudi Arabia to accelerate business and economic growth in order to maintain an edge in the Arab and global markets. ALFalak’s solid market knowledge and broad customer base will help us introduce our portfolio to the region’s top productivity clients,” added Darren Riley, Sales Manager, EMEA Emerging Markets, BancTec.
The World Bank forecasts a four per cent growth for the Middle East and North Africa region in 2010. Countries such as Saudi Arabia have been able to sustain economic productivity in spite of the global downturn partly due to aggressive economic diversification initiatives. The Saudi Government in particular has been enacting measures to expand into growth areas such as power generation, telecommunications, natural gas exploration, and petrochemicals. It plans to establish six “economic cities” in various regions of the country promote more development and diversification.
ALFalak Electronic Equipment & Supplies Co. is backed by almost 30 years of experience in providing leading information technology and communications consultancy and services. It is consistently included in the ranks of Saudi Arabia’s top 100 companies. ALFalak’s customized technology solutions range from systems integration and enterprise resource planning to data networking and electronic commerce.
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