TIS Showcases mobiFLOW Mobile Image Processing Platform at Money 20/20

TEL AVIV, Israel and PLANO, Texas, Oct. 24, 2016 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (NASDAQ:TISA), a global innovator of intelligent content processing solutions, announced today that the Company will showcase its mobiFLOW mobile capture platform at this year’s Money 20/20, the foremost payments and financial services innovation event which brings together more than 10,000 attendees from more than 3,000 companies representing 75 countries being held from October 23 – 26 in Las Vegas.

A global innovator of mobile, on-premise and cloud-based capture and process automation technologies, Top Image Systems partners with leading financial service providers to power their mobile solutions with our flexible imaging platform (SDK). This enables banks and financial institutions worldwide to offer their customers winning self-service solutions such as remote deposit capture, mobile account opening, enrollment and bill payment for which consumer demand and customer adoption continue to grow rapidly.

“We are proud to share our insights and innovative technologies for financial and banking process automation at Money2020, where the world’s most innovative financial thinkers come together to discuss the enormous challenges and opportunities facing the banking industry,“ said Bob Fresneda, President TIS Americas. “We welcome attendees to join us in Kiosk 2068 to learn how our innovative mobile, cloud and core capture technologies help banks and other financial services providers streamline processes to increase efficiency, productivity and more importantly, customer satisfaction through optimized customer experience. As we continue to invest in our patent-pending on-device mobile capture and quality analysis capabilities and flexible, scalable mobile platform with capture as a service, we look to attract more financial service providers and top banks.”

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.

TIS Company 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.