JAMES ROMIG

COLORADO SPRINGS, CO (USA)
Role(s):
Founder/Owner/Principal

MICR PRIME SERVICES, INC.

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Location: COLORADO SPRINGS
Industry: Manufacturing
Year Founded: 2004
Number Employees: 1-10 people
Business Stage: Growth (not profitable)
Entity Type: "S" Corporation
Description: MICR Prime Services, Inc. (MPSI) is headquartered in Colorado Springs, CO. ChIPS® (the Checks In-house Production System) is fully (URL removed) is patented (USPTO #7464920), commercialized, and beta and market tested for the wholesale supply of consumer and commercial checks to financial institutions. More than 30 billion check were issued in the US last year. There are over 80,000 US branch office locations and 175,000 worldwide that would benefit from the service. ChIPS® improves bank profitability and brings them a competitive advantage with on-the-spot check order fulfillment. ChIPS® operates at a fraction of the cost of the competition, is affordable for every branch and requires no additional staffing. MICR Prime’s per-check-order marketing strategy includes 1) the system and 2) consumable supplies.