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NETWORK IMAGING WINS SOFTWARE CONTRACTS VALUED AT $5.0 MILLION

 HERNDON, Va., Oct. 25 /PRNewswire/ -- Network Imaging Corporation (NASDAQ: IMGX; BSE: IGX) today said it won document imaging and optical storage software orders worth more than $5.0 million from six companies in the U.S. and Europe.
 The contracts were issued by: Payless Shoes (a division of May Department Stores) and LaSalle Bank in the U.S., and La Poste, Societe Generale, Alcatel Telespace and EEC Eureka in Europe, which is marketed through Dorotech France, a wholly-owned subsidiary of Network Imaging which it acquired on Oct. 1, 1993.
 Under the terms, Network Imaging will install ImageXchange(TM), the company's flagship document imaging and optical storage product, in a client-server network environment to allow multiple users to access information and retrieve documents stored on optical disks on a real- time basis. In each case, ImageXchange is being configured to support more than 100 users on a LAN network and will provide multi-users access to documents in seconds versus days for alternative storage and retrieval technologies such as microfilm and microfiche.
 Additionally, Network Imaging will install ImageXchange - COLD (Computer Output to Laser Disk) for three customers to replace microfilm/microfiche storage with an on-line optical storage and retrieval system. With COLD, large volumes of computer data such as check records and invoices are stored directly on optical disks and can be instantly retrieved by computers connected to a LAN.
 COLD technology provides a faster method (seconds) of retrieving documents than with microfiche because COLD technology uses computers and specialized index/retrieval software to access information while microfiche relies on manual methods that are significantly slower (days). Most corporations, like banks, brokerage firms and retail firms, are likely to replace current microfilm/microfiche storage systems with COLD over the next two years because COLD provides on-line access to archived records and affords paybacks in 6-12 months.
 Network Imaging Corporation designs, integrates and markets document imaging systems and optical storage products. Its flagship product, ImageXchange, provides businesses with an automated method of electronically processing, storing and retrieving large quantities of documents such as insurance forms, credit card receipts, checks and legal records. The company's other flagship product, SPANServer(TM), provides a complete plug-and-play optical disk storage solution on UNIX-based and Novell systems.
 For additional information, please contact Robert Bernardi, chief executive officer, or Steve Mooney, chief financial officer, Network Imaging Corporation. Telephone: 703-478-2260, 500 Huntmar Park Dr., Herndon, VA 22070.
 -0- 10/25/93
 /CONTACT: Robert P. Bernardi, chief executive officer of Network Imaging, 703-478-2260; or Thomas Redington, 203-222-7399 or 212-926-1733/
 (IMGX)


CO: Network Imaging Corporation ST: Virginia IN: CPR SU: CON

GK-RW -- NY077 -- 6384 10/25/93 13:51 EDT
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Publication:PR Newswire
Date:Oct 25, 1993
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