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TIS Launches New Mobile Enrollment Application at the Digital Banking Summit in Austin, Texas

TEL AVIV, Israel and PLANO, Texas, June 8, 2015 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq:TISA), a global innovator of intelligent content processing solutions, today launches its newest mobile application built to simplify account opening and onboarding processes during its sponsorship of the Digital Banking Summit 2015 in Austin, Texas, June 8-10. The Company invites banking executives to Booth 139 to get a first view of MobiENROLL, a photo-enabled app that improves conversion rates by removing friction during enrollment processes. The TIS team is also demoing its other self-service mobile banking apps, all of which are supported by our comprehensive financial process automation solutions.

The Digital Banking Summit 2015 brings together professionals from the financial and banking community focused on driving omni-channel excellence and working to integrate digital with existing banking channels. TIS experts will show banking and finance professionals how TIS solutions help banks improve customer experience and transform branch operations, as well as how they can best drive long-term customer engagement. TIS will be showcasing its advanced mobile image capture technology – both stand-alone and within a multichannel platform - highlighting high accuracy, on-device Image Quality Analysis and fast, cost-effective processing.

TIS' newly launched MobiENROLL activates a mobile device camera that automatically, accurately and securely captures all relevant customer information from a driver's license, State ID, passport or other personal identity documentation. With that data, it instantly pre-fills relevant fields in enrollment applications, such as for a new account, loan request, credit card application or other registration processes. MobiENROLL reduces the friction in the application process by eliminating the bulk of the manual data entry, maximizing data integrity and compliance, reducing form abandonment and improving conversion rates. The app runs on native iOS, Android and HTML5 platforms and can be easily embedded in any mobile app or web page, as well as be integrated with back-office account opening and onboarding processes.

"The demand for simple, convenient mobile and online onboarding processes from profit-oriented bank execs and bank sales reps in the field, as well as from consumers, is well-documented and growing exponentially," commented Isaac Rome, VP Mobile, Top Image Systems. "For bankers, MobiENROLL reduces customer dissatisfaction and abandonment of application forms and significantly improves enrollment conversion rates. For customers, MobiENROLL provides faster access to a new account, optimizes user experience and boosts customer engagement. We are thrilled to debut MobiENROLL at the Digital Banking Summit and provide attendees the opportunity to offer the mobile banking services that today's customers expect."

About Top Image Systems

Top Image Systems™ (TIS™) Ltd. is a leading innovator of enterprise solutions for capturing and validating structured and unstructured content entering organizations from various sources and managing content-driven business processes. Whether originating from mobile, electronic, paper or other sources, TIS solutions automatically capture, process and deliver content across enterprise applications. TIS' flagship eFLOW® platform and diverse business process and mobile image processing solutions are 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.

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: TIS Company Press Contact: Shelli Zargary Director of Corporate Marketing and Investor Relations shelli.zargary@topimagesystems.com +972 3 767 9114 TIS Investors: James Carbonara Regional Vice President, Hayden IR james@haydenir.com + 1 646 755 7412

Source:Top Image Systems Ltd.