26.07.2005 13:21:00

Panini North America and First Horizon Deliver Distributed Check Processing Success to Corporate Clients

Panini North America's My Vision X, a compact, robustcheck scanner, combined with First Horizon National Corp's FirstDeposit Plus product, enables corporate customers to make checkdeposits from the convenience and safety of their own offices, as wellas access their deposits sooner. This improves overall fundsavailability resulting in improved cash flow and an increase ininvestment opportunities.

First Horizon, the 31st largest bank holding company in the US,selected the Panini My Vision X to meet its distributed checkprocessing needs and has achieved significant success in deploying thesolution to commercial clients of its First Horizon Bank and FirstTennessee Bank for corporate capture.

First Horizon has realized significant benefits from the Panini MyVision X scanning solution. "We have been using the Panini My Vision Xand are impressed with the results. Not only has the solution enabledus to manage our growing client base and check volume, but Panini'scustomer service team has been extremely responsive to all of ourinquiries regarding functionality," said Karen Doyle, vice president,treasury management services, First Horizon. "The decision tointegrate the Panini My Vision X has definitely been the right choicefor First Horizon."

"We are pleased with our relationship with First Horizon as theycontinue to demonstrate their commitment to offer competitive productsand services to their customers," says Dave Youngerman, president,Panini North America.

About Panini

Founded in 1945 as a distributor of office equipment and machineryin Turin, Italy, Panini has a long-standing reputation as an innovatorof concepts in office automation. In 1995, Panini North America wasestablished as a wholly-owned subsidiary located in Dayton, Ohio.Panini North America delivers a complete range of products designedfor branch image capture, offering financial institutions solutionsfor many applications, including Distributed Branch Capture, CorporateCapture, Microfilm Replacement, Remittance Processing and Cash VaultProcessing. Panini products are fully scalable, offering a higherlevel of quality and flexibility to its users. Learn more about Paniniat www.panini.com.

About First Horizon

The 13,000 employees of First Horizon National Corp. (NYSE:FHN)provide financial services to individuals and business customersthrough hundreds of offices located in more than 40 states. Thecorporation's three major brands -- FTN Financial, First Horizon andFirst Tennessee -- provide customers with a broad range of productsand services. For more information visit www.fhnc.com.

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