Top Image Systems Appoints U.S.-Based Senior Director of Global Marketing

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TEL AVIV, Israel and NEW YORK, Oct. 3, 2013 (GLOBE NEWSWIRE) -- Top Image Systems Ltd. (Nasdaq:TISA), a leading ECM (Enterprise Content Management) and BPM (Business Process Management) and mobile image processing solutions provider, announced today that Alayne Pregeant joins the organization as Senior Director of Global Marketing, in alignment with TIS' growth strategy for the North American market.

Based in the United States, Pregeant will head the TIS global marketing team, a part of the global solutions organization directed by TIS CTO & SVP Global Solutions Michael Schrader. Pregeant brings over ten years' industry experience in developing global marketing strategies and sales enablement campaigns that will aim to significantly drive TIS' revenue growth. Most recently, Pregeant served as Global Campaign Strategist for document process automation provider ReadSoft. Prior to her international coverage, Pregeant focused on marketing strategy for ReadSoft North America, which grew to the largest subsidiary of the organization.

"We welcome Alayne to the TIS team and wish her great success in developing lead generation and qualification programs that will shorten our sales cycles and drive revenue," commented Schrader. "We believe that her experience and knowledge will enable us to expand our brand and market awareness and significantly increase our sales pipeline, especially in the U.S., which is a strategic growth market for us."

"TIS has an excellent reputation for technological innovation and a very strong customer base," stated Pregeant. "I'm excited about working with the team to utilize these advantages to strengthen our U.S. and global market position while driving revenue through strategic marketing initiatives."

About Top Image Systems

Top Image Systems(™) (TIS(™)) 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's eFLOW® 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 for more information.

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 Europe and 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 +972 3 767 9114 Investors: James Carbonara Regional Vice President, Hayden IR + 1 646 755 7412

Source:Top Image Systems Ltd.