TEL AVIV, Israel and COLOGNE, Germany, June 27, 2012 (GLOBE NEWSWIRE)
-- Top Image Systems, Ltd. (Nasdaq:TISA), a leading ECM (Enterprise
Content Management) intelligent content capture and delivery solutions
provider, announced today that the Company reached an agreement with
Czech Post to significantly expand their eFLOW(R) implementation, a
deal worth several hundred thousand dollars. The enhanced eFLOW
solution processes 500,000 payment orders per day and provides a
flexible platform for future postal, mailroom, invoice processing and
advanced capture and workflow projects to be deployed across Czech
Post's seven regional processing centers.

Combining a long history with a modern and innovative new corporate
identity, Czech Post, the largest postal services provider in the Czech
Republic, employs eFLOW to process postal payment orders containing
hand-written and machine print alphanumeric characters. Selected for
its high recognition and throughput rates as well as for its easy
solution for special Czech characters, eFLOW performed excellently in
various quality tests and has demonstrated to the customer during
production its capacity for high speed character reading and reliable
recognition results.

Top Image Systems carried out the extension project with its partner
scanservice a.s., the Czech and Slovak distributor and system
integrator with whom the original Czech Post solution on the eFLOW
platform was developed. scanservice also redesigned the Post's payment
order forms in order to utilize the system more efficiently. "We are
enthusiastic about the future implications of this project at Czech
Post," commented Iva Steinerova, Professional Services Director,
scanservice a.s. "The customer highly appreciates that the expansion
has been carried out in the planned timescale. Until now the postal
authority has leveraged only part of eFLOW's rich functionality; now
they can go beyond rapid, automated document capture to add complex
workflow and intelligent mailroom best practices that will
substantially enhance the services that the Czech Post can provide its
customers."

"The postal industry is a very important sector for Top Image Systems,"
said Michael Schrader, Managing Director TIS EMEA. "To date, TIS has
deployed successful solutions for numerous postal agencies across
Europe, from the Swiss and Austrian postal authorities to Deutsche Post
in Germany and most recently projects in Italy. eFLOW has earned its
leadership position in this challenging sector due to its proven
capacity to achieve highest speed recognition and throughput in
environments managing extremely high volumes of documents every day.
Top Image System's long and fruitful relationship with the Czech Post
and with scanservice has been built on loyalty, reliability, good
service and commitment and we expect it to continue to flourish for
many years to come."

About Czech Post

Czech Post is a state-owned enterprise founded in 1993 by the Ministry
of Economics of the Czech Republic. As of 2010, the Ministry of the
Interior was appointed as the founder of the Czech Post. As of2010, the
Czech Post operated 3,385 post offices (including Partner and Services
Point) and employed 34,374 full-time equivalent of employees.

About scanservice

scanservice a.s. is a leading service bureau, software integrator, and
consultant in the Czech Republic. Scanservice works with numerous
financial institutions in the Czech and Slovak Republics, including,
Raiffeisen Savings Bank, Generali Insurance, the Czech Ministry of
Defense, several pension funds, and more.

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
http://www.globenewswire.com/newsroom/prs/?pkgid=4212

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 and Investor Relations
         shelli.zargary@topimagesystems.com
         +972 3 767 9114
         
         Investors:
         James Carbonara
         Regional Vice President, Hayden IR
         james@haydenir.com
         + 1 646 755 7412