TEL AVIV, Israel and COLOGNE, Germany, June 13, 2012 (GLOBE NEWSWIRE)
-- Top Image Systems, Ltd. (Nasdaq:TISA), a leading ECM (Enterprise
Content Management) intelligent content capture and delivery solutions
provider, has won a $1.2 million contract to provide the eFLOW(R) Forms
Classification solution to process the 2013 Bosnia and Herzegovina
Population Census. The pilot is to be running by October 2012 with full
production scheduled for April 2013.

The Census is charged with measuring the population of an estimated 4
million; eFLOW has been selected to process some 20 million pages of
forms written in both Latin and Cyrillic languages at the central
processing center in Sarajevo. Top Image Systems is carrying out the
project together with Scytl, a company with whom TIS will also be
partnering in their primary area of specialization - election
processing solutions.

Running a reliable census is critical for the country, as it is one of
the two conditions stipulated by the European Commission as a condition
for Bosnia & Herzegovina to join the European Union. As the country has
not held a census in over two decades, it lacks accurate population
statistics, which has held back progress in many social, civic and
economic domains.

"Top Image Systems is enthusiastic and proud to have been selected to
carry out a project of such critical importance for Bosnia &
Herzegovina, as well as for the European Union. We are glad to employ
our extensive international experience and long-term expertise in
implementing census projects to ensure that the Bosnia & Herzegovina
Census project be carried out on schedule and to full specification,"
commented Michael Schrader, Managing Director, TIS EMEA. "Considering
our success to date in Europe, in censuses implemented most recently in
Germany and Italy, as well as in projects around the globe, from South
Africa to Argentina to India, Thailand and Vietnam, we are confident
that this project will be implemented without flaw."

About Top Image Systems

Top Image Systems 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 the content to applications that drive
the organization. TIS' eFLOW Unified Content Platform is a common
platform for the company's solutions. TIS markets its platform in more
than 40 countries through a multi-tier network of distributors, system
integrators, value-added resellers as well as strategic partners. Visit
the company's website 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: Company 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