Omtool Expands Document Workflow Relationship with HP.Omtool's AccuRoute([R]) document handling software offered by HP ANDOVER Andover (ăn`dōvər), town (1990 pop. 29,151), Essex co., NE Mass.; inc. 1646. Chiefly a textile producer in the 19th cent., Andover now makes toiletries, electronic and computer equipment, chemicals, medical instruments, rubber products, , Mass. -- Omtool, Ltd. (Nasdaq: OMTL) today announced an agreement under which AccuRoute, Omtool's flagship document routing solution, will be offered by HP with its multi-function printers to customers in document-intensive industries, including legal, 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. and healthcare vertical markets. Due to the strong and increasing demand by customers for distributed document capture, Omtool has been working to deliver the AccuRoute solution with HP MFPs. The need for secure document routing is business critical for companies with compliance-related initiatives and corporate imperatives such as disaster recovery, secure communications, document retention, accessibility and corporate transparency For other definitions of transparency, see . Corporate transparency is a form of radical transparency : The construct removing all barriers to - and facilitating of - free and easy public access to corporate, political and personal information and the laws, rules, social . Many companies have addressed electronic document workflows, but not their paper-based communications. This has created a potential vulnerability in achieving full compliance with federal regulations and rigorous corporate mandates. Now, companies have the opportunity to more effectively manage these risks with the combination of Omtool's AccuRoute and enterprise printing options from HP. For example, Omtool and HP have provided a secure document routing solution for a top 10 investment brokerage firm. The company realized its fax machines - a critical way of doing business - could present some security challenges. With a customized version of Omtool's AccuRoute software and the adoption of HP LaserJet LaserJet is the brand name used by the American computer company Hewlett-Packard (HP) for their line of dry electrophotographic (DEP) laser printers. Technology HP LaserJets employ electro-photographic laser marking engines sourced from the Japanese company Canon. M4345 MFPs, the client was able to secure paper-based communications throughout the organization. In this way, it was able to meet its compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). while increasing user accessibility and ease of use. "The combined features of AccuRoute software and HP printing solutions provide a highly scalable and cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. distributed document handling solution delivered to end-users where they need it most - whether it's at the desktop or any networked HP device located throughout an enterprise," said Robert L. Voelk, Omtool's chairman, president and chief executive officer. "The open architecture of the HP MFPs has enabled us to deliver highly specific and tightly integrated applications for our mutual customers and as a result of our agreement, the market can take advantage of complete document routing solutions directly from HP." "Omtool's development of AccuRoute for HP devices supports our mission of providing customers with new document workflows with powerful applications that convert paper to digital files," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Chris Privon, vice president, LaserJet Business, HP. "HP imaging and printing solutions solve a broad range of paper-based challenges that businesses face today and we are excited to work with Omtool to solve our customers' document handling problems." About Omtool, Ltd. Omtool, Ltd is a leading provider of document handling solutions that simplify the integration of paper and electronic documents in enterprise information management systems. Our flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , AccuRoute, streamlines the capture, conversion and communication of paper and electronic documents, enabling fast, secure, simultaneous distribution to multiple destinations in multiple formats. Available at any network-enabled scan device or from user's desktop computers, AccuRoute provides faster, more efficient workflows, while reducing cost, complexity and risk. Omtool solutions are used worldwide by businesses in document-intensive industries that demand secure handling, integration and tracking of documents in full compliance with a range of regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. . Based in Andover, Massachusetts Massachusetts (măsəch  `sĭts), most populous of the New England states of the NE United States. with offices in the United Kingdom, Omtool can be contacted at 1-800-886-7845 or www.omtool.com. 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. , including statements regarding Omtool's future financial and operating performance; customer interest in and acceptance of Omtool's products; long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. sales strategy; distribution channels; and the future plans of Omtool's management. These forward-looking statements are neither promises nor guarantees, and are subject to risk and uncertainties that could cause actual results to differ materially from the expectations set forth in these forward-looking statements, including but not limited to, risks associated with Omtool's business, including introduction of new product offerings, concentration of all products in the electronic document exchange market, focus on specific vertical markets; Omtool's strategic focus on new vertical markets; and those other risk factors described in Omtool's periodic reports and registration statements as filed with the Securities and Exchange Commission. Reported results should not be considered an indication of future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . Omtool undertakes no responsibility to update any such forward-looking statements. |
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