OIT To Market Input Management Capabilities Through Alliance With Captiva; InputAccel to Complement OIT's Document Management Offerings.Business & High-Tech EditorsSAN 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.--(BUSINESS WIRE)--Aug. 27, 2002 Captiva Software Captiva Software is now part of EMC Software Group, a division of EMC Corporation.[1] Captiva makes software solutions for document information processing and data capture from paper and electronic documents and provides related services. Corporation (Nasdaq: CPTV CPTV Connecticut Public Television ), the leading provider of enterprise input management solutions, today announced a strategic alliance with Optical Image Technology, Inc. (OIT OIT Organización Internacional del Trabajo (Spanish: International Labor Organization) OIT Organisation Internationale du Travail (International Labour Organization) OIT Office of Information Technology ), a premier developer of award-winning document and content management software. Under the marketing agreement, OIT will promote best-practice information capture abilities with Captiva's InputAccel(R), a leading input management software solution. By marketing InputAccel, OIT is able to offer its customers a more complete information management solution for converting documents, such as paper forms and faxes, into electronic formats that can be searched and retrieved through OIT's content management software. As part of the agreement, OIT and Captiva will collaborate on mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" sales and marketing opportunities. "With billions of paper records being scanned through organizations every year, there remains a critical business need for seamless information capture technology systems," said Scott Buchart, President of OIT. "This alliance with Captiva builds on our goal to partner with industry leaders who offer the very best solutions to fulfill the specific needs of our customers. Working with Captiva, we have an opportunity to integrate our workflow and browser browser Software that allows a computer user to find and view information on the Internet. The first text-based browser for the World Wide Web became available in 1991; Web use expanded rapidly after the release in 1993 of a browser called Mosaic, which used access systems with InputAccel at common customer sites to provide end-to-end, leading-edge document and content management software solutions." InputAccel is a comprehensive, award-winning information capture system that transforms mission-critical data from paper and faxes into business-ready content. InputAccel ensures the integrity of incoming data and converts it into formats usable in back-end systems, including XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , image files and custom transaction formats. By delivering accurate, timely and usable data to enterprise systems, InputAccel creates unparalleled efficiencies and significant return on investment for the many Global 2000 customers the solution serves. The InputAccel platform can also be integrated with FormWare(TM), Captiva's award-winning information capture software that automates data and image capture from paper and electronic forms and documents. "We're looking forward to extending the availability of InputAccel to new customers and into new markets through this partnership with OIT," said Blaine Owens, Vice President of Worldwide Sales for Captiva. "InputAccel greatly complements OIT's document management systems, and the combination of our abilities offers a compelling, complete solution to the marketplace." About OIT Since 1986, OIT has developed award-winning integrated document management solutions, including COLD-ERM/EBPP, document imaging, workflow/process management, browser access/e-business, HSM (1) (Hierarchical Storage Management) The automatic movement of files from hard disk to slower, less-expensive storage media. The typical hierarchy is from magnetic disk to optical disc to tape. , print/fax server and enhanced index extraction. OIT's Total Solution for Content Management system has gained prominent industry recognition by organizations such as AIIM (Association for Information and Image Management International, Silver Spring, MD, www.aiim.org) A membership organization founded in 1943 devoted to creating industry standards and disseminating information about the document management industry. , Transform magazine, Doculabs and Kinetic kinetic /ki·net·ic/ (ki-net´ik) pertaining to or producing motion. ki·net·ic adj. Of, relating to, or produced by motion. kinetic pertaining to or producing motion. Information. OIT serves customers throughout the world and across all major industries, including insurance, 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. , pharmaceutical, education, healthcare, government, manufacturing, retail, utilities and publishing. By dynamically coordinating and managing the transfer of content, OIT enables organizations to increase profitability, improve productivity and enhance customer satisfaction by empowering enterprise-wide business processes. For more information visit our website at www.opticaltech.com. About Captiva Software Captiva Software Corporation (Nasdaq: CPTV) is a leading provider of enterprise input management software solutions. Since 1989, the company's award-winning products have been used to manage business critical information from paper, faxed and scanned forms and documents, Internet forms and XML data streams into the enterprise in a more accurate, timely and cost-effective manner. These products automate the processing of billions of forms and documents annually, converting their contents into information that is usable in database, document, content and other information management systems. Captiva's technology serves thousands of users in insurance, financial services, government, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in , direct marketing and other markets. For more information, visit www.captivasoftware.com. FormWare and its logo are trademarks, and InputAccel and its logo are registered trademarks of Captiva Software Corporation. All other trademarks or registered trademarks are the property of their respective owners. This press release may contain 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, as well as assumptions that, if they prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, among other things, any projections of earnings, revenues (including where the underlying contract has already been signed), or other financial items; any statements of the plans, strategies, and objectives of management for future operations; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; statements of belief and any statement of assumptions underlying any of the foregoing. The risks, uncertainties and assumptions referred to above include, among other things, performance of contracts by customers and partners; employee management issues; the timely development, production and acceptance of products and services and their feature sets; the challenge of managing asset levels, including inventory; the flow of products into third-party distribution channels; the difficulty of keeping expense growth at modest levels while increasing revenues. These and other risks and factors that could cause events or our results to differ from those expressed or implied by such forward-looking statements are described in Captiva Software Corporation's most recent 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. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. , as well as other subsequent filings with the Securities and Exchange Commission. We assume no obligation and do not intend to update these forward-looking statements. |
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