Top Image Systems & DataSel Team Win Bid for Turkish Census.RAMAT GAN Ramat Gan (rä`mät gän), city (1994 pop. 122,200), W central Israel, adjacent to Tel Aviv. Founded in 1921, Ramat Gan is an important industrial center. Food processing is the chief industry; construction materials are also made there. , Israel and ANKARA, Turkey--(BUSINESS WIRE)--Oct. 8, 1997--TiS - Top Image Systems ("TiS") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TISAF TISAF Treasury Information System Architecture Framework )(NASDAQ:TISWF) and its partner DataSel, a leading Turkish Systems Integrator An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. and a subsidiary of a major Turkish conglomerate, YUKSEL, Wednesday announced that they have been awarded a $12 million contract with the Government of Turkey and the State Institute of Statistics Prime Ministry, Republic of Turkey. Pursuant to the contract, TiS and DataSel will supply the form processing and data entry requirements for Turkey's 1997 National Census. TiS' role in the project will be to supply its AFPS AFPS American Forces Press Service AFPS Attestation de Formation aux Premiers Secours (French: First Aid Diploma) AFPS Association Française des Psychologues Scolaires AFPS Armed Forces Pension Scheme (UK MoD) Pro(tm) technology, along with certain hardware, which will automate much of the form processing and data entry requirements of the project and is expected to generate $1.5 million in revenues to TiS. The State Institute of Statistics in Turkey estimates that this project will require the scanning and processing of 20 million forms during a period of two months, commencing on Dec. 1, 1997. "Winning the bid with the AFPS Pro(tm) for the Turkish Census is a very significant milestone for TiS, and it serves as further validation of our AFPS Pro(tm) software, out technology and our team," stated Izhak Nakar, TiS chairman, president and 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. . "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. the United Nations, during the next several years there will be an unprecedented number of National Population Surveys. Every member country of the U.N. is required to perform such a survey at least once every 10 years. As a result of this requirement, tens of countries around the globe will run a census each year, and I firmly believe that with the AFPS Pro(tm), TiS is in a strong position to participate in tenders for form processing and data entry services relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc such surveys. We believe that our technology is ideally suited for the large scale data capture and high speed form processing required by such census projects." Emin Sazak, member of board and managing director of YUKSEL Construction and chairman and CEO of DataSel, stated: "We are extremely pleased that we have been chosen from more than 20 bidders pursuing the Census Project. Facing major competitors during the performance benchmark and in the final round, we knew that we had to give our best. We believe that TiS' technology, professionalism and support made the difference and enabled our team to win the Project." T.i.S. - Top Image Systems Ltd., develops and markets form processing, information recognition and data entry software systems and technologies. The company's software minimizes the need for manual data-entry by automatically reading and processing the information contained in forms, increasing data capture accuracy and the rate of information processing information processing: see data processing. information processing Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer-based operations. . TiS' award-winning AFPS Pro(tm) software provides a complete, cost-effective, reliable solution for mid to high-volume production form processing. The TiS Web Site can be reached at www.tis.co.il. CONTACT: Top Image Systems Ltd. Izhak Nakar, President and CEO Stuart L. Melnick, Executive Vice President ++972-3-752-5626 or DataSel S. Can Kaynar, General Manager ++90-312-417-6304 |
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