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Speedscan and Data Impact Merge, Creating Global Document Solutions Group.


HUNTINGTON BEACH Huntington Beach, city (1990 pop. 181,519), Orange co., S Calif., on the Pacific coast, across from Santa Catalina Island, in an oil-producing area; inc. 1909. It manufactures aerospace vehicles, aircraft parts, optical instruments, and heat transfer equipment. , Calif. -- Market-leading document solutions companies Data Impact and Speedscan announced that the two companies have merged, creating a company with worldwide reach in providing sophisticated document management capabilities.

The closely held company Closely held company

A company who has a small group of controlling shareholders. In contrast, a widely-held firm has many shareholders. It is difficult or impossible to wage a proxy battle for any closely-held firm.
 will operate as Data Impact in the U.S. and Speedscan in the Asia Pacific region. The combined company has a worldwide workforce in excess of 150 people.

"Customers clearly prefer a single provider of outsourced business processes," said Data Impact CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Bill Plant-Mason. "We can now offer, on an international basis, a complete suite of document management services, including digitizing and indexing of high volumes of paper documents, conversion of microfilm A continuous film strip that holds several thousand miniaturized document pages. See micrographics.


Microfilm and Microfiche
 and fiche Same as microfiche.  to digital documents, integration and management of complex electronic print streams and a unique 'click to pay' electronic remittance system."

The newly-merged company blends Data Impact's print stream processing For other uses, see Event Stream Processing.
Stream processing is a relatively new, yet quite successful paradigm to allow parallel processing at never-before-seen efficiency with minimal effort.
, document scanning and film conversion services with Speedscan's document archival products.

"It's more solutions in one place," said Speedscan CEO Mark Josman. "Customers will benefit from our global solutions that combine onsite technologies and outsourced solutions."

The recent merger follows the acquisition by Data Impact last year of Florida-based Leahy Corporation, a regional film scanning specialist.

"Our strategy," said Data Impact Chairman Charles Koehler, "is to keep adding geographically and product-wise to our comprehensive suite of services, providing the document imaging and management answers our clients want and need in order to stay ahead of their competitors. This merger with Speedscan is a very important step toward that goal."
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 17, 2006
Words:246
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