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Jun. 06, 1967 - GENERAL POST OFFICE ORDERS ELECTRONIC HUNAN EYE READERS. NATIONAL GIRO GETS READY FOR OPERATION, The General Post Office has ordered from Reoognition Equipment Incorporated, Dallas based manufacturer of optical character recognition systems through their British Subsidiary, Reeognition Equipment Ltd, of Maidenhead equipment for the National Giro the new current account banking carmine due to mole into operation in October new, year that can read Giro dooumente and capture the iatoreation en them at the rate ef 2, 400 oheraetere per second, then sort them so that they can be returned to customers oath 24 hours if their account moves. A million or more transactions are expected to be handled at the centre each day when the 1a in full swing, . The equipment, valued at £825, 000 includes tea Reeognition Equipment Electronic Retina Computing Readers which achieve a character reeolution in reading appreaehing that of the human eye, Each machine has 256 elements of information (tampered with the 400 that the human eye achieves in character reoognition the mingling elaments, however, are concerned with the interpre, alinn of oeiour which is nersesary to the machine, PHOTO SHOWS: UP. Al, , SHAARAN4 ManaginS Director Of Reeognition Equipment Ltd, of Maidenhead. makes the gum announcement of the order today at a Press Conference, at the Waldorf Hotel. Seated next to him lc MR 2 GRADY, Director of the Poet Office Giro System

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Account Achieve Achieves And Pound Announcement Banking Carmine Computing Concerned Current Customers Dallas Electronic Elements Expected Giro Grady Handled However Hunan Includes Incorporated Maidenhead Mingling Mole Moves Oath Optical Ordered Rate Readers Recognition Retina Returned Sort Subsidiary Transactions Valued Waldorf

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