Access closes fiscal year with 44 percent revenue growth and 58 percent profit increase; Powerful growth for document management provider yields profit and cash increases.

CINCINNATI, Ohio--(BUSINESS WIRE)--Aug. 22, 1996-- Access Corp., a leader in total-solutions document and workflow management software, services and support, at its annual stockholders' meeting today announced revenues for fiscal year 1996 increased 44 percent over the same period one year ago to $8.7M. The year was profitable even after consideration of acquisition and operating costs associated with the company's purchase of CimSoft Corp. of Ann Arbor, Mich. early in the year. Fiscal 1996 was the fifth profitable year since 1991. In addition, cash reserves grew during the year, exceeding 23 percent of fiscal 1996 sales revenue at year end.

Early in this fiscal year, Access also signed an exclusive remarketing agreement for North America with Cimage Enterprise Systems Ltd., producers of Cimage engineering document management software. This agreement, combined with Access' ability to implement customer systems on time and within budget and the company's individualized total system support services, contributed to these strong results. Profits increased 58 percent to $205,000 and revenue per employee was up 49 percent to $175,000. Cash on hand increased 134 percent to $2M.

"We are delighted to have realized strong revenue growth while at the same time increasing our profit and cash positions," says Scott D. Watkins, president and CEO of Access Corp. "Our revenue growth indicates that we have been successful in providing high quality products and services. Our financial strength assures our customers that we can do whatever it takes to meet their needs well into the future."

"Access has strengthened its position during the past year of business consolidation in the electronic document management market," says Tom Arant, president of Technology Management, an EDM consultancy in Winston-Salem, N.C. "The company has emerged as a leading supplier to both discrete and process manufacturing industries."

Cimage software products include Cimage Document Manager, a server-based solution for document and workflow management, and Cimage Universal View, a single desktop PC application enabling the viewing of large format images and over 120 native file formats. Cimage software has provided automated server replication for a variety of multi-site and multi-national clients since 1994.

Access also offers the Engineering Document Information Control System/4OO (EDICS/400) for the IBM AS/400 mid-range computer family. EDICS/400 is the only large-format document management system for that popular platform.

Access Corp. can provide a single point of contact for support of some or all elements of a customer's document and workflow management systems, including both hardware and software. The company provides ongoing maintenance for 38 software products and 65 hardware products, ranging from application solutions to computer server systems and networks to specialized robotic, optical and imaging machinery. Access provides individually designed support arrangements to meet the coverage, location and response times needed by each customer. Access field service representatives are measured on customer satisfaction, and are equipment-trained with local parts inventories.

About Access Corp.

Access is dedicated to providing and supporting total solutions for the management and use of long life-cycle documents in the manufacturing, utilities, petrochemical, telecommunications, AEC and pharmaceutical industries. The company has over thirty years of experience in design, implementation and total support of document and workflow management systems. Today, many leading businesses rely upon Access products to meet international regulatory requirements and standards including OSHA, NRC, EPA, EDMICS and the ISO. Access was the first company to provide an FDA-certified document management product (1992) and is committed to support standards issued by the Document Management Alliance (DMA).

Access supplies products for use on HP-UX, IBM AIX, IBM AS/400, Microsoft Windows and Windows NT, Sun Solaris and other operating environments. Virtually any application file type and format can be supported.

Access Corp. has over 700 customers located in 162 North American cities and 9 countries. For additional information about Access Corp. products and services, contact Hollye LaJeunesse at [phone] or [phone]. For further financial information about Access Corp., contact Tony Baker at [phone].

CONTACT: Christopher D. Gerath

Gerath & Associates Inc.

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Hollye LaJeunesse

Access Corp.

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