GlobeNewswire
2011-09-12
TIS eFLOW Platform to Process 180 Million Pages in Largest
Project in Company's History
TEL AVIV, Israel, Sept. 12, 2011 (GLOBE NEWSWIRE) -- Top Image
Systems(TM) (TIS(TM)) Ltd. (Nasdaq:TISA), a leading ECM (Enterprise
Content Management) solutions provider, announced today that its TIS'
eFLOW(TM) platform will be used for the 2011 German Census to digitally
capture and process approximately 180 million questionnaire pages by
seven statistical offices. TIS' extensive international experience in
census and survey document processing led to the Company's win.
Germany, like all other European Union member states, will be carrying
out a population and housing census in 2011. The statistical offices of
seven German federal states will use TIS' eFLOW Platform to capture,
extract and post-process data from the survey in 13 of 16 German
states.
In a pilot project, eFLOW's process automation skills and recognition
rates concerning document scanning were successfully tested. The eFLOW
Platform has already been installed at seven locations and is currently
in use. It is estimated that approximately 180 million pages will be
processed with TIS' eFLOW solution during the census. The official
preliminary questionnaire phase for the building and housing census
2011, involving around seven million respondents in Germany, started in
late 2010.
"We are very excited to provide a significant input for the 2011 German
Census," stated Michael Schrader, Managing Director EMEA at TIS. "The
feedback we have received has been very positive regarding the
solutions we tailor-made for the census project. These include scanning
integration as well as applications that are focused on data-processing
security. Some of the statistical offices participating in the census
have been clients of TIS for close to ten years. Being selected for
such a large project shows not only the continued support we receive
from long-term partners but further solidifies our status as the
leading provider of data content management solutions for census work."
TIS has extensive experience in document processing for census projects
as the company has successfully shown its data content management
capabilities for several censuses in more than 17 countries over the
last twelve years. These achievements include census projects in
Turkey, Brazil, Ireland, Scotland, South Africa, Italy and Cyprus. TIS
currently has the largest market share for capturing census data as
well as other high-volume administrative document processing projects.
About Top Image Systems
Top Image Systems(TM) (TIS(TM)) Ltd. is a leading innovator of
enterprise solutions for managing and validating content entering
organizations from various sources. Whether originating from mobile,
electronic, paper or other sources, TIS solutions deliver content
across enterprise applications. TIS' eFLOW Platform is a common
platform for the company's solutions which is marketed in more than 40
countries through a multi-tier network of distributors, system
integrators, value-added resellers and strategic partners. Visit the
company's website at http://www.TopImageSystems.com for more
information.
The Top Image Systems logo is available at
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Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause our
actual results to be materially different from any future results
expressed or implied in those forward looking statements. Words such as
"will," "expects," "anticipates," "estimates," and words and terms of
similar substance in connection with any discussion of future operating
or financial performance identify forward-looking statements. These
statements are based on management's current expectations or beliefs
and are subject to a number of risks and uncertainties that could cause
actual results to differ materially including, but not limited to,
risks in product development, approval and introduction plans and
schedules, rapid technological change, customer acceptance of new
products, the impact of competitive products and pricing, the lengthy
sales cycle, proprietary rights of TIS and its competitors, risk of
operations in Israel, government regulation, litigation, general
economic conditions and other risk factors detailed in the Company's
most recent annual report on Form 20-F and other subsequent filings
with the United States Securities and Exchange Commission. We are under
no obligation to, and expressly disclaim any obligation to, update or
alter our forward-looking statements, whether as a result of new
information, future events or otherwise.
CONTACT: Shelli Zargary
Director of Corporate Marketing
shelli.zargary@topimagesystems.com
+972 3 767 9114