Top Image Systems Releases eFLOW Version 3; eFLOW Version 3 is an End-to-End Solution, Utilizing a Single Platform.TEL AVIV Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest , Israel -- eFLOW Version 3, implemented by Xerox France and TIS, processes thousands of letters at Club Dial, France Top Image Systems, Ltd. (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 : TISA Tisa, river: see Tisza. ), a leading innovator of intelligent Data Capture solutions, announced today the availability of eFLOW Version 3, the latest version of the company's leading software, eFLOW Unified Content Platform. Top Image Systems (TIS) provides automated data capture solutions that improve enterprise business processes. eFLOW Unified Content Platform, TIS' leading software solution, integrates data from multiple sources and of different types, such as invoices, freight and shipping bills, purchase orders and others. TIS' solutions seamlessly deliver the extracted data to enterprise applications such as document and content management, ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. or CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. . eFLOW Version 3 is an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. that streamlines the entire flow of information in organizations. It provides customers with a complete originally designed platform to handle any kind of document in any format from any source. eFLOW Version 3 offers organizations a single point of contact and control for delivering valuable information to enterprise information systems via a single platform and a single set of business rules. eFLOW integrates with any enterprise information system, including SAP, Oracle and others. The enhanced solution includes new, automated classification solution, Smart, which adds the ability to automatically sort the incoming information, classify all documents, recognize and extract the data from documents, apply the organization's business rules, validate the data, and seamlessly deliver this data to back-end enterprise systems. These capabilities are efficiently achieved by using best of combination of fuzzy search An inexact search for data that finds answers that come close to the desired data. It can get results when the exact spelling is not known or help users obtain information that is loosely related to a topic. and recognition engines, to provide customers with the highest recognition results. Processing efficiency, accurate information and improved throughput lead to significant savings and rapid ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . The entire development of eFLOW Version 3 is based on .NET, Microsoft's latest technology, as well as its roadmap for future developments. This choice is compatible with TIS' forward-looking strategy to maintain eFLOW on the cutting edge of new technologies. At the same time, the new developments are compatible with all former eFLOW versions. eFLOW Version 3 is a robust stable scalable platform which efficiently copes with large-scale projects and balances loads of millions of documents per day. With the use of a central Controller, eFLOW Version 3 can administrate ad·min·is·trate tr.v. ad·min·is·trat·ed, ad·min·is·trat·ing, ad·min·is·trates To administer. administrate Verb [-trating, -trated and monitor both local and remote production sites in real-time and simultaneously manage more than one application. Its highly sophisticated Designer enables minimal code writing to adjust the solution to customer's unique needs. Various powerful recognition engines have been integrated into the new version to allow mixed 'Full Page OCR OCR in full optical character recognition Scanning and comparison technique intended to identify printed text or numerical data. It avoids the need to retype already printed material for data entry. & ICR' which enables the recognition of both handwriting and printed information on any type of document. eFLOW's unique voting algorithm along with its component for approximate search on very large databases, further increase recognition rates and speed up the process. About Top Image Systems Top Image Systems is a leading innovator of enterprise solutions for managing and validating content entering organizations from various sources. Whether originating from mobile, electronic, paper or other sources, TIS solutions deliver the content to applications that drive the organization. TIS' eFLOW Unified Content Platform is a common platform for the company's solutions. TIS markets its platform in more than 30 countries through a multi-tier network of distributors, system integrators, value added resellers as well as strategic partners. Visit the company's website www.TopImageSystems.com for more information. "Safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's United States Securities and Exchange Commission filings. |
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