Document Sciences Corporation Receives $256,300 Order From Large Midwest Insurance Company.SAN DIEGO--(BUSINESS WIRE)--Oct. 28, 1998-- Document Sciences Contracts and Policies Application Software to Be Used in Managing High Volume Insurance Policy Production Document Sciences Corporation (Nasdaq:DOCX), an international leader in document automation solutions, received in September 1998 its second software and services order from a large established Midwestern client in the insurance industry. The services portion of the order are scheduled to be completed in the first quarter, 1999. The company initiated its relationship with Document Sciences in 1994 when it purchased Document Sciences' document composition software to compose its personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. fixed and variable annuity Variable Annuity An insurance contract in which, at the end of the accumulation stage, the insurance company guarantees a minimum payment. The remaining income payments can vary depending on the performance of the managed portfolio. life insurance policies. As the quantity and complexity of these high-value annuity insurance policies grew, the customer realized that additional software was needed to help manage the process of creating these documents. The company chose to purchase Document Sciences' Policies and Contracts Document Application Interface to help manage the breadth of content resulting from the increased complexity of assembling the company's insurance policies. Document Sciences Corporation provides a family of document automation software and services that enable an enterprise to better communicate with their customers through high-quality personalized and customized documents which can be printed, viewed on demand and distributed in high volume. The Company licenses its products to over 670 customers worldwide in managed care, insurance, banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , telecommunications, utilities and commercial print service. Based in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif., with regional locations across the U.S. and Canada, and a European subsidiary in Sophia Antipolis Sophia Antipolis is a technology park northwest of Antibes and southwest of Nice, France. Much of the park falls within the commune of Valbonne. Created in 1970~84, it houses primarily companies in the fields of computing, electronics, pharmacology and biotechnology. , France, the Company also markets its products in Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. and Brazil. For more information visit the Document Sciences web site at http://www.docscience.com. The statements in this press release that relate to future plans, events or performance are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties, including risks associated with uncertainties pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to customer orders, demand for products and services, development of markets for the Company's products and services and other risks identified in the Company's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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