FOR IMMEDIATE RELEASE
Data Financial, Inc. Announces Acquisition of Distributech USA, Inc.
JUNE 12, 2012
Mequon, WI – March 12, 2012 – Data Financial, Inc. has announced the acquisition of Distributech USA, Inc. Effective immediately, Distributech’s product lines, service needs, and customer base will be owned and managed by Data Financial, Inc. without service interruption to existing and prospective customers.
James Holtz, President of Data Financial, Inc. announced the acquisition, citing his company’s ability to quickly and effectively take over existing account relationships. “Distributech has been a leading provider of check processing and forms handling solutions in this area for more than forty years,” said Holtz. “Many of our product lines have similarity and utilize complementing service and technical support skills. With a broader geographic footprint and a large technical staff, I know we can bring additional value to Distributech’s many customers,” Holtz continued.
Founded in 1983, Data Financial, Inc. serves the cash handling, check processing, time and attendance and forms control needs for financial institutions, gaming, retail and business throughout the US. The company currently provides products and service support for more than forty manufacturers. Data Financial, Inc. develops and markets custom software products for cash management in the gaming environments, provides intelligent cash handling safes to the retail industry, and offers hosted employer technology solutions.
A trained technical staff supports all of the products and services offered by Data Financial, Inc. with remote on-line service, telephone support and trouble shooting, on-site and depot service. All Distributech contacts for product or technical support will be immediately handled by the Data Financial staff.
Distributech USA, Inc. has been one of the leading providers of Hedman check processing products in the US. The company’s knowledge in the safe use and handling of secure documents has been widely respected in the banking community. Distributech has also provided specialized business products for document destruction, forms handling and check endorsing.
“We are looking forward to personally greeting and welcoming Distributech customers. I am confident they will be pleased with our level of support and additional product offerings,” Holtz said. Visit Data Financial at www.datafinancial.com