TECH BYTES: Recognition International Sells Off Branch Software

Egret Holdings Inc., Charlotte, N.C., has purchased several branch automation products from Recognition International Inc.

The acquired products include teller, platform, and cashier software applications for bank branches. Egret plans to immediately market and enhance the products.

"We intend to aggressively enhance these products so that they are fully supported in a Windows environment by early 1996," said Olin Broadway, president and chief executive officer of Egret.

Egret inherits from Recognition over 300 institutions that use the software. Recognition will continue to provide these customers with support for their branch hardware.

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