×

Top Image Systems Files Patent to Revolutionize its eFLOW(R) Digital Mailroom Solution

Top Image Systems Ltd. Logo

TEL AVIV, Nov. 13, 2012 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (TIS) (Nasdaq:TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, today announced that the company has filed a patent to protect its innovative developments in the area of automated document understanding which will empower eFLOW® software to more closely mimic human comprehension of content and context. The enhanced intelligent document recognition technology will establish a new generation of automated document management solutions whose extremely accurate classification capabilities will automate and accelerate B2C communications for vastly improved customer engagement, satisfaction and retention.

This patent is the latest in a series of patents filed by TIS in the past year, including a patent for handheld device document imaging filed in March of 2012, as well as a patent protecting mobile capture capabilities for full page (Letter/A4-sized) documents.

Leveraging on its many years of experience managing document classification and incoming mailroom systems for leading enterprises, Top Image knows what companies need to do to turn input management from a challenge into an opportunity. This enhanced intelligent enterprise content capture will enable enterprises to respond to customers with exponentially higher accuracy, speed and efficiency.

"Top Image Systems invests significant resources in IP development and continually upgrades its best-in-class software solutions with new functionalities in order to fulfill ever higher customer requirements," remarks Dr. Ido Schechter, CEO Top Image Systems. "The patent we are filing today will revolutionize our eFLOW Digital Mailroom solution, setting us far ahead of the competition and further reinforcing our leadership position in the enterprise capture market. We invite technologically savvy enterprises to evaluate eFLOW Digital Mailroom and see for themselves how automated document understanding can empower their input management systems to maximize customer engagement and transform their business."

About Top Image Systems

Top Image Systems(TM) (TIS(TM)) Ltd. 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 content across enterprise applications. TIS' eFLOW Platform is a common platform for the company's solutions which is 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.

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

Source:Top Image Systems Ltd.