Document Sciences Lands Another Major Deal; Teachers Insurance Purchases Marketing Fulfillment Solution.Business Editors/High Tech Writers NEW YORK--(BUSINESS WIRE)--Jan. 22, 2001 The Teachers Insurance and Annuity Association, the insurance company component of TIAA-CREF TIAA-CREF Teachers Insurance and Annuity Association - College Retirement Equities Fund , a national 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. organization, has selected Document Sciences Corporation (Nasdaq:DOCX), a leading developer of eCRM and Content Automation software solutions, to provide a comprehensive software solution for cross-marketing and fulfillment. The purchase of these software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. and consulting services represents a significant investment by TIAA-CREF in Document Sciences. "This marks the fourth major software purchase by an insurance company or financial services organization in the past month," said Dan Fregeau, Document Sciences' Vice President of Worldwide Sales and Marketing. "It's very clear that when these industry leaders look for scalable solutions that can simplify taking their compliant content to print or web, Document Sciences offers a comprehensive approach that is unmatched by its competitors." Arnold Pedowitz, EDP (Electronic Data Processing) The first name used for the computer field. EDP - Electronic Data Processing , System Development Project Manager at TIAA-CREF, agreed. "It was imperative for TIAA-CREF to deal with an established industry leader and Document Sciences fit the bill. Document Sciences software will provide us with the necessary platform to launch high-end customized and personalized communications in various media including the Web." Software licensed by TIAA-CREF includes Visual CompuSet Professional Edition(TM) (VC Pro) v3.0, Document Sciences' easy-to-use graphical user interface graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to for swift, design and production of personalized, feature-rich statements, and Document Library Services (DLS DLS abbr. Doctor of Library Science ) v 6.0, the enterprise-wide solution for high-volume regulated documents such as policies and contracts. Document Sciences will provide implementation consulting services as part of the agreement. TIAA-CREF TIAA-CREF is the premier pension system for people employed in education and research in the U.S., serving over two million participants and 10,000 institutions. The entire TIAA-CREF group of companies serves the general public in offering annuities, mutual funds, life insurance, long-term care long-term care (LTC), n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. insurance, and trust services. The group also manages more state-sponsored college savings programs than any other company. TIAA-CREF is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , with regional offices throughout the country, including Philadelphia and Pittsburgh. Document Sciences Corporation Document Sciences Corporation develops and markets software solutions that enable an enterprise to better communicate with their customers, through both Automated Personal Portals on the web and high-quality personalized documents that can be printed, viewed on demand, or distributed electronically in high volume. Over 680 customers worldwide use Document Sciences' products in insurance; banking and financial services; managed-care; telecommunications; utilities; and commercial print service bureaus. Customers include more than 60 Fortune 500 companies. Based in Carlsbad, California, with regional locations across the U.S. and a European subsidiary in Paris, 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. , Brazil, Argentina and Chile. For more information about Document Sciences Corporation, visit www.docscience.com. This press release contains forward-looking statements. In particular, words such as "may," "will," "should," "could," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of such terms or other expressions which identify such forward-looking statements are by their nature predictions based upon current plans, expectations, estimates, and assumptions. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activities, performance, or achievements expressed or implied by such forward-looking statements. Other risks and uncertainties associated with the business of Document Sciences Corporation (the Company) may be reviewed in the Company's public filings, including the Company's Annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for its fiscal year ended December 31, 1999 and its Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. on file with the Securities and Exchange Commission. |
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