TransCentra and TIS Expand Relationship, Document Capture Capabilities With Mobile Capture Suite

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NORCROSS, Ga. and NEW YORK, Feb. 12, 2013 (GLOBE NEWSWIRE) -- As businesses and financial institutions across the U.S. compete for an increasingly fickle customer base, mobile applications play a vital role in maintaining customer loyalty and increasing customer lifetime value.

Supporting the trend, TransCentra, Inc., a leading provider of billing and payment software and services, and Top Image Systems, Ltd. (Nasdaq:TISA), a leading enterprise content management (ECM), intelligent content capture and delivery solutions provider, announce the availability of the full TIS Mobile Capture Solution Suite to TransCentra customers nationwide.

The combination of TIS' Mobile Capture Solution Suite with TransCentra's already successful eFLOW® Intelligent Document Recognition business helps companies and financial institutions compete for high value customers by catering to their needs with more advanced mobile applications.

"For businesses of every size, mobile must play a featured role in their strategic planning," said Lynn Boggs, chief executive officer of TransCentra. "By combining TIS' Mobile Capture Solution Suite with TransCentra's history of successful implementation of critical, data intensive capture systems, this technology accelerates the flow of important data within a financial institution, while pushing the capture point to the most accessible edges of the organization."

The full suite of products included in TIS' Mobile Capture Solution specifically focus on mobile document and data capture to improve customer service, while expanding capabilities for mobile workers. Products available in the solution through TransCentra include:

  • MobiCHECK – a remote deposit system for check payment via smartphone or tablet;
  • MobiPAY – a mobile data capture application providing bill payment via smartphone or tablet;
  • MobiCLOUD – a mobile solution capable of capturing documents via smartphone or tablet and storing them on the cloud; and
  • MobiFLOW – mobile document management software to capture and process any document via smartphone or tablet.

"In 2013, Top Image Systems expects to become an important player in the U.S. enterprise and mobile capture markets," said Omri Gelb, executive vice president and general manager for TIS North America. "We are investing significant resources in partnerships with leading imaging and payments providers, the first and most senior being TransCentra, to resolve the demanding new process automation challenges facing enterprises today. Together, with the best professional implementation services available on the market, we have a winning proposition that will be tough to beat."

The full TIS Mobile Capture Solution Suite is available immediately from TransCentra. For more information, contact a TransCentra sales representative by calling 1-866-747-2877.

About TransCentra:

Norcross, Ga.-based TransCentra is America's largest outsourced remittance processor, one of the largest outsourced billers and a top provider of imaging and payment processing platforms and software. An industry leader in innovative multichannel billing and payment solutions, TransCentra is trusted by many of the largest and most recognized names in both the consumer and business-to-business markets across a variety of industries, including financial services, insurance, healthcare, utilities and telecommunications. For more information, visit or call 1-866-747-2877.

About Top Image Systems

Top Image Systems™ (TIS™) 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. For more information, visit or call 1-646-599-9170.

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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.

CONTACT: Media Contact for TransCentra: Elizabeth McMillan, APR 678-781-7224 Media Contact for Top Image Systems: Shelli Zargary, Director of Corporate Marketing and Investor Relations +972 3 767 9114 Investors Contact for Top Image Systems: James Carbonara Regional Vice President, Hayden IR + 1 646 755 7412

Source:Top Image Systems Ltd.