Product News: Computer Hardware & Peripherals

Mobile MICR Printer suits mobile check payment applications.

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Press Release Summary:

November 24, 2009 - Lightweight TROY MICR 1505n Printer provides 24 ppm print speed for both low volume accounts payable check printing and general office printing. Weighing 12.9 lb, compact unit includes HP LaserJet printer, USB and network connectivity, as well as TROY MICR Toner Secure cartridge and TROY MICR font. Unit is suitable for small businesses processing insurance claims, mobile WIC program clinicians, and mobile professionals who print checks/vouchers at remote sites.

TROY Group, Inc.

3535 Hyland Avenue, Suite 200, Costa Mesa, CA, 92626, USA

Original Press Release

TROY Introduces Light Weight MICR Printer for Mobile Payments and Small Business

Press release date: November 19, 2009

Costa Mesa, CA, - November 19, 2009: TROY Group, Inc., a worldwide leader in secure on-demand printing solutions, announces the TROY MICR 1505n Printer, the newest addition to TROY's line of MICR check printing solutions. Based on the HP 1505n LaserJet Printer, TROY's MICR 1505n offers cost-effective and reliable check printing capability for the small business market and the portability features required for all mobile check payment applications.

The TROY MICR 1505n Printer provides customers a fast 24 page per minute print speed. With a small footprint and weight of only 12.9 pounds, the 1505n is the most compact and lightest MICR printer available on the market. The TROY MICR 1505n comes standard with both USB and network connectivity. To complete the solution, TROY ships each MICR 1505n printer with a high quality TROY MICR Toner Secure cartridge and the TROY MICR font, both specifically designed by TROY for reliable check printing with a 1505n printer.

A new print application served uniquely by the TROY MICR 1505n is mobile check payments. One example is insurance claims, where customer service is critical to maintaining and growing a client base. Up to this point the right combination of MICR printer reliability, performance, low weight and small footprint was unavailable for mobile claims check printing. Insurance companies offering this service resorted to complicated vehicle-mounted systems to accommodate larger MICR printers. The new MICR 1505n solves this problem, providing a durable and compact HP LaserJet printer combined with the MICR check printing reliability of TROY.

"The new TROY MICR 1505n offers significant value to the small business market" states Larry Landtiser, Vice President and General Manager. "The features offered make the MICR 1505n a great choice for both low volume accounts payable check printing and general office printing. In addition, this new solution delivers the right combination of weight, size and print capabilities needed by insurance agents, mobile WIC program (Women Infant and Children) clinicians, and other mobile professionals printing checks and vouchers at remote sites."

The TROY MICR 1505n printer is available for purchase through TROY and TROY authorized resellers in the United States and Canada. Later this year, TROY will offer a carrying case designed for use by mobile professionals with their TROY MICR 1505n Printer.

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 HP, 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 HP for quality and reliability. We sell and service our products to major corporations, banks, key government accounts and distributors worldwide. Visit TROY at www.troygroup.com

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