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Top Image Systems Appoints Leading Enterprise Software Executive Andrew Pery as TIS' CMO

TEL AVIV, Israel and PLANO, Texas, Aug. 4, 2015 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (NASDAQ:TISA), a global innovator of intelligent content processing solutions, today announced the addition of Andrew Pery, a results-oriented marketing executive with over 25 years of experience in the high technology sector, to serve as TIS' CMO. Mr. Pery has joined TIS effective August 1st, 2015 and will report to CEO Michael Schrader.

Mr. Pery brings to TIS vast industry experience managing global marketing teams as Chief Marketing Officer for Hummingbird (now Open Text) and Kofax (now Lexmark) with a focus on document process automation and enterprise content management solutions. Most recently Mr. Pery held the role of CMO at ReadSoft (now Lexmark), where he led a global marketing initiative to drive continuous improvements to demand generation activities with increased emphasis on digital content and social media marketing investments that have resulted in increased marketing program effectiveness and efficiency.

Mr. Pery holds a Masters of Law degree with Distinction from Northwestern University, Chicago and a Bachelor of Arts with Honors in History and Political Science from Loyola, Montreal. Mr. Pery holds the designation of Certified Information Privacy Professional (CIPP/C) as well of Certified Information Professional (CIP/AIIM).

"As a strategic thinker, inspiring leader and communicator and effective manager, Andrew's talents will be well-placed in steering TIS to leverage our unique spirit, innovative technology and thought leadership to attain a leading position in the enterprise software market. We are fortunate that he is joining our executive management team and are confident that his contribution to TIS's trajectory to the top will be significant and valuable," commented Michael Schrader, CEO Top Image Systems.

"I am excited to join TIS at this opportune moment in the market and critical juncture in the company's development," stated Andrew Pery. "I believe that Top Image has the vision, the technology, the expertise and the motivation to become a leading force in the rapidly evolving economy of digital business as well as the capacity to guide enterprises to transform themselves to thrive and satisfy the needs of tomorrow's consumers, and I am enthusiastic to join in the journey."

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.

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

Source:Top Image Systems Ltd.