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Cypress Forms Strategic OEM Alliance With Pitney Bowes; Cypress Chosen As An Integral Component of Pitney Bowes' Document Resource Management And Knowledge Delivery Solutions.


Business/Technology Editors

ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--June 20, 2000

Meeting the demand for its comprehensive, Knowledge Delivery Architecture(TM), Cypress Cypress, city, United States
Cypress (sī`prəs), city (1990 pop. 42,655), Orange co., S Calif. near Long Beach; inc. 1956. Forest Lawn–Cypress, a branch of the famous cemetery in Glendale, Calif.
 Corporation announced today that it has signed a strategic original equipment manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) alliance with Pitney Bowes This article or section is written like an .
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), a $4.4 billion provider of informed mail and messaging management solutions. Through this alliance, Pitney Bowes will incorporate Cypress' Knowledge Delivery Architecture solution as part of its new document resource management solution to capture the multi-billion dollar document management market opportunity.

"Document related costs account for as much as six to 15 percent of corporate revenue. Our latest offering, with Cypress, will empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems  businesses to regain control of their documents," said Dennis Roney, President, Pitney Bowes Office Systems Division. "By aligning a·lign  
v. a·ligned, a·lign·ing, a·ligns

v.tr.
1. To arrange in a line or so as to be parallel: align the tops of a row of pictures; aligned the car with the curb.
 ourselves with Cypress, one of the most revered names in the document management industry, we not only have the ability to enable our customers to maximize the value of their documents and information, but we also have a tremendous opportunity to become a leading force in this multi-billion dollar document resource management market."

Cypress(R), the company's quick-to-deploy and easy-to-use Knowledge Delivery Architecture, automatically captures, indexes and archives a company's business-critical documents and reports page-by-page and enables users to easily search, retrieve, bundle and distribute these throughout the enterprise. These documents are captured with 100 percent fidelity, regardless of the application, platform or environment they were created in. Additionally, this architecture includes several critical document and report functions, such as web-enablement with Cypress.Web(R), automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 report distribution, secure archiving with dynamic search and retrieval and comprehensive printer and other output device management. Consequently, Cypress provides the solutions needed to dramatically increase employee productivity and reduce the costs associated with storing, accessing and distributing a company's mission critical documents.

"In today's competitive marketplace, companies need to make decisions on the fly, but without real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  access to their business critical information this is not possible," said Mary Hinz, Cypress' President. "Our alliance with Pitney Bowes enables companies to implement solutions that improve communications and unlock the true value of their complex applications. This alliance validates Cypress' strength for solving today's most complex and costly document management and report distribution needs."

About Pitney Bowes

Pitney Bowes Office Systems offers high performance, leading-edge analog and digital copier/printers and facsimile systems for the corporate market through a nationwide direct sales/service organization. All products are supported by the company's Customer Satisfaction Guarantee. In 2000, the Pitney Bowes model DL520 received the "Digital Imaging System of the Year" award by Buyers Laboratory, Inc., the nation's leading independent office products testing center. Pitney Bowes Inc. is a $4.4 billion premier provider of informed mail and messaging management. For more information about the company, please visit its web site at www.pitneybowes.com.

About Cypress, The Knowledge Delivery Architecture(TM)

Cypress is a Knowledge Delivery Architecture that eliminates the barriers previously imposed by disparate platforms, applications and file types and enables enterprises to quickly deliver business critical information to employees, partners and customers in real-time. Cypress does this by automatically capturing a document page-by-page, preprocessing A preliminary processing of data in order to prepare it for the primary processing or for further analysis. The term can be applied to any first or preparatory processing stage when there are several steps required to prepare data for the user.  the document so it is in a common format and archiving the document in a virtual document repository (1) A database of information about applications software that includes author, data elements, inputs, processes, outputs and interrelationships. A repository is used in a CASE or application development system in order to identify objects and business rules for reuse. . While creating and maintaining page independence and document integrity, Cypress enables end-users to retrieve, assemble, distribute and view only the pages of interest, and provides document delivery to all enterprise and Web-based destinations.

About Cypress Corporation

Cypress has focused on developing, marketing and supporting document delivery systems since 1983. The 17 year-old company is headquartered in Rochester Hills, Michigan Rochester Hills is a city in Oakland County of the U.S. state of Michigan. As of the 2000 census, the city had a total population of 68,825. The City of Rochester in bounded on the north, south, and west by Rochester Hills.

Rochester College is located in Rochester Hills.
 with additional offices in Atlanta, New Jersey, Massachusetts, Minnesota, the United Kingdom and Brazil. Cypress customers include some of the world's largest automotive manufacturers, insurance companies, health care providers, financial institutions and governments. For more information, please contact Cypress at 248-852-0066 or visit www.cypressdelivers.com.

All other company or product names mentioned may be trademarks of their respective owners.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 20, 2000
Words:650
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