Top Image Files for Patent for Full Page (Letter /A4) Mobile Imaging; Launches MobiFLOW for Capturing & Indexing Documents of Any Size Using a Mobile Device
Innovation enables capture and analysis of full page documents - such as insurance claim or healthcare forms
TEL AVIV, Israel, August 22, 2012 /PRNewswire/ --
Top Image Systems, Ltd. (TIS) (Nasdaq: TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, today announced the filing for a patent regarding mobile capture capabilities for full page (letter/A4). Existing solutions base mobile capture of pages on snapshots from the mobile device camera. The images produced by this method are not high quality enough to enable further processing of the document and automatic extraction of the information. The TIS invention uses a unique image capturing process that allows stitching (called also "Mosaicking") images to create a mosaic image of a document which is ready for text analysis and indexing.
TIS is using this technology to enhance its Mobile Capture offering beyond Remote Deposit Capture (MobiCHECK) and bill payments (MobiPAY), and to be able to use a mobile device to effectively capture and analyze full page forms - such as insurance claims or healthcare forms. TIS is now offering MobiFLOW, a multipurpose mobile capture and processing platform, providing a solution for capturing & Indexing any document of any size using a mobile device (smartphone/tablet) and is based on our new patent.
"We continue to innovate in the exciting area of mobile capture," says Dr. Ido Schechter, CEO, Top Image Systems, "our new innovation enables us to provide solutions to any enterprise which deals with various types of documents. Customers were frustrated by the lack of high quality mobile capture for full page forms and documents - and today TIS is able to offer the most effective full page mobile capture technology and answer our customer needs."
About Top Image Systems
Top Image Systems(TM) (TIS(TM)) Ltd. 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 content across enterprise applications. TIS' eFLOW Platform is a common platform for the company's solutions which is marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners.
Visit the company's website at http://www.TopImageSystems.com for more information.
The Top Image Systems logo is available at http://photos.prnewswire.com/prnh/20120822/557104.
Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward looking statements. Words such as "will," "expects," "anticipates," "estimates," and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, litigation, general economic conditions and other risk factors detailed in the Company's most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Director of Corporate Marketing and Investor Relations
Regional Vice President, Hayden IR
SOURCE Top Image Systems Ltd
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