BancTec, Inc., a global provider of advanced, high-volume, document
and payment processing solutions and services, has signed a distribution
agreement with Birikim Automation Systems (Birikim Otomasyon
Sistemleri), a leading vendor of document-based solutions based in
Turkey. The agreement covers the distribution in Turkey of BancTec’s
highly acclaimed IntelliScan and E-Series high-speed document scanning
and sorting transports, as well as the eFIRST family of software
"Birikim is an important IT provider in Turkey, a market that
is experiencing solid growth in many sectors," said Darren Riley, sales
manager, EMEA Emerging Markets, BancTec. "Birikim’s extensive market
presence, combined with our industry-leading solutions, will form a
strong partnership to address a growing demand for document management
solutions in Turkey. We look forward to developing many innovative
solutions with Birikim in the future."
"Birikim Automation Systems is a leading IT company in Turkey,
with a particular focus on document-based solutions, including document
management outsourcing," said Erdal Akgul, general manager for Birikim.
"By partnering with BancTec, we will be able to provide
enterprise-class solutions to the Turkish market, especially in finance,
telecom and government. We also envision opportunities where we can
partner with BancTec to provide business process outsourcing (BPO)
services for our clients."
Turkey has a dynamic economy with modern industry and
commerce, as well as traditional agriculture. The private sector has
grown in some recent years, yet there is still a strong state presence
in basic industry, banking, transport and communications. Real GDP
growth has exceeded 6% in many years, though global economic conditions
caused growth to slow to 0.9% in 2008 and to contract by 6.0% in 2009.
Further economic and judicial reforms and prospective EU membership are
expected to boost foreign direct investment in coming years.