Bank of Stanly To Implement Remote Capture Solution

• SOURCE: FIDELITY NATIONAL FINANCIAL, INC.

Thursday, April 15th 2004 - Atlanta, GA - /PRNewswire-FirstCall/ -- Fidelity, a leading provider of technology products and services for financial institutions, today announced the launch of Branch Capture Xpress, advanced remote capture technology that gives financial institutions the ability to leverage Check 21 through the remote capture of check images and effortless transmission of those images to a processing facility. Bank of Stanly, headquartered in Albemarle, North Carolina, will be the first financial institution to implement Fidelity's Branch Capture Xpress technology in late August 2004.

"For the past several years, Fidelity has worked diligently to provide financial institutions with the latest imaging technologies that help them lower their costs and remain competitive," stated John Collins, Fidelity's Chairman and CEO. "We are very excited to be launching Branch Capture Xpress, which is part of our new suite of imaging technologies designed to help customers take full advantage of the opportunities associated with the Check 21. With Branch Capture Xpress, financial institutions can save significant dollars and increase profits with the elimination of courier costs, the extension of same day processing and improved availability of funds. The remote capture of items and subsequent IRD production or electronic exchange of images is the way of the future, and Fidelity is very excited to be the leader in implementing and delivering this advanced technology to financial institutions of all sizes," Collins concluded.

"With the passage of Check 21, we were presented with the opportunity to leverage the benefits created by the new legislation and the latest technology to improve the financial position of our institution," said Bank of Stanly Executive Vice President Jackie S. Jernigan. "The cost savings associated with eliminated courier fees combined with the competitive advantages of eliminating inter-day teller cut-over were paramount in our decision to implement Fidelity's Branch Capture Xpress solution."

• ADDITIONAL INFORMATION:

"Making A Difference" For 20 Years Saturday, January 31st 2004 - Albemarle, NC - Bank of Stanly celebrates its 20th year, dedicated to serving the people and dreams of Stanly County. "We're So Proud Of Stanly County, We Named ...