TEL AVIV, Israel and TOKYO, Dec. 5, 2012 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq:TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, announced today that eFLOW® Forms was selected by a leading regional chain of Japanese medical laboratories as the best solution for automatically processing their clinical lab tests. The solution is to be deployed at twenty processing centers, where within 1-2 hours eFLOW will scan and read the thousands of blood test forms submitted by healthcare facilities each day, in order to report back on the results by early the next morning.
The project includes automated recognition and processing of some 28 different original structured clinical testing forms completed with Japanese characters that can be set and customized by the staff. The project is planned to go live before the end of 2012.
"We are extremely pleased to win the trust of the laboratories' staff and to increase our exposure and market share in Japan, where we have had a small but steady presence for many years," commented Alex Toh, Managing Director, TIS Asia-Pacific. "The laboratories are constantly diversifying their business activities, adding genetic and other preventative examinations beyond the scope of their clinical blood tests, as well as field environmental health inspections as part of their efforts to provide comprehensive medical services. The flexible, robust eFLOW platform can easily support the laboratories' wider requirements without compromising on the speed and accuracy that make eFLOW critical to their business success."
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 http://www.TopImageSystems.com for more information.
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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.
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Source:Top Image Systems Ltd.