Top Image Systems Ltd. Announces Exclusive Distribution Agreement in Peru.RAMAT-GAN, Israel--(BUSINESS WIRE)--Dec. 16, 1997--Top Image Systems Ltd., ("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 ,TISWF) announced Tuesday that it signed an exclusive distribution agreement with COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. S.A., based in Lima, Peru. Established in 1987, COM S.A. is a leading Information Technology solution provider, with approximately 1,000 employees, and is the official representative for Optika, Watermark watermark: see paper. See digital watermark. and Kodak in Peru. COM S.A. serves the financial, social security, and service industries with clients including Banco de Credito del Peru, Banco Wiese, Interbank, Procter & Gamble, among others. Ben Schneider, COM S.A.'s chief executive officer, commented: "It is critical for us to find the best forms processing system on the market. Given our major technical alliances with IBM-Peru, Kodak, Cannon, Toshiba, and Polaroid, our clients expect us to provide premium technology solutions. After careful analysis of all available forms processing software, we chose 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 because it provides the most advanced, comprehensive feature set on the market." "We are very pleased that COM S.A. chose AFPS Pro," stated Izhak Nakar, TiS president and chief executive officer. "This agreement continues to strengthen our line of world-wide distribution channels. COM S.A. has a very dynamic operation and we are confident that AFPS Pro will effectively handle all their clients' form processing requirements." Top Image Systems Ltd. develops and markets a variety of form processing, information recognition, and data entry systems and technologies. The company's systems automatically read and process the information contained in forms, thereby reducing labor costs and 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. . The company's flagship AFPS Pro is advanced form processing software whose flexible design provides a fast, easy way to create an automated data capture system at the form processing site. The company's Web site can be reached at www.tis.co.il . CONTACT: Top Image Systems Ltd. Ido Schechter, PhD, Vice President, Sales +972-3-752-5626 or Galit Sadan, Marketing Communications Marketing communications (or marcom) are messages and related media used to communicate with a market. Those who practice advertising, branding, direct marketing, graphic design, marketing, packaging, promotion, publicity, sponsorship, public relations, sales, sales +972-3-752-5626 |
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