HYLAND SOFTWARE FORMS PARTNERSHIP
WITH SQN BANKING SYSTEMS TO FOCUS ON FINANCIAL FRAUD DETECTION
Cleveland - April 24, 2003 – Hyland Software, Inc., developers of OnBase(R) integrated document management (IDM) software and
a leading, global provider of electronic document management solutions, has formed a partnership with SQN Banking Systems™, a leading provider of
check fraud detection technology to banks of all sizes across the United States. The initial focus of the technology partnership will be the archiving
of fraud protection documents using Hyland’s OnBase solution.
Says Bill Priemer, Hyland’s vice president of Sales and Marketing, “We are excited about this joint initiative. Because of their presence in the financial
services industry, partnering with SQN Banking Systems will accelerate the acceptance and use of OnBase by banking institutions of all sizes as the de facto
standard in utilizing document management for archival of fraud detection and investigative information.”
According to Charles Costanza, director of Image Applications for SQN Banking Systems, “We continue to view integrated document management as an important
strategic initiative for all organizations within the financial services industry, and we are excited to partner with such a respected technology leader.
Hyland’s corporate philosophies and commitment to customer satisfaction parallel ours creating an excellent relationship that opens up more doors for both companies.
And the customer is the ultimate winner.”
About SQN Banking Systems
For more than 20 years, SQN Banking Systems has provided integrated fraud detection and process improvement products for the financial industry,
meeting the needs of financial institutions of all sizes. The SENTRY suite of products includes software for exception item processing, image fraud
detection tools, automated signature comparison, signature verification and display, transaction analysis and safe deposit operations management. More
than 500 SQN customers have improved their earnings and reduced check fraud losses by as much as 84 percent with SENTRY. For more information, visit SQN's
Web site at www.sqnbankingsystems.com.
About Hyland Software
Hyland Software, established in 1991, is a recognized leader in the document technologies industry. As a customer-driven organization committed to providing
world-class service and support, the company is dedicated to developing integrated document management solutions that are deployable at both the departmental and enterprise levels.
Hyland develops OnBase, software that offers the full spectrum of document management capabilities in a single, web-enabled application. OnBase is used by thousands of commercial
organizations and government agencies worldwide to streamline operations, reduce costs and share information with employees, partners and customers. Headquartered in Cleveland, Ohio,
Hyland has offices located throughout the United States, Latin America and Europe. Visit www.onbase.com for more information.
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