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Technology Stocks : Anacomp(ANCO) ready to rock

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To: Paul Lee who wrote ()2/16/2000 9:04:00 AM
From: Paul Lee   of 90
 
Anacomp Named a Top Provider of Integrated
Document Archive and Retrieval Systems

Anacomp Cited for Its Technical Capabilities and Sales Organization

SAN DIEGO, Feb. 16 /PRNewswire/ -- Anacomp(R), Inc. (Nasdaq: ANCO), a
leading provider of document-management solutions, today announced that it has
been positioned by Gartner Group, a leading IT industry analyst, as one of the
top vendors in the integrated document archive and retrieval systems (IDARS)
market. This ranking is based primarily on Anacomp's robust technical
capabilities, due partly to its strategic acquisition of Adesso Software last
year, and its strong sales organization, built over the company's long history
as a document-management service provider.
Gartner Group defines IDARS as "a consolidated system for storage, access,
management, distribution and viewing of data that is often print-stream
originated. Leading uses of IDARS include mission-critical customer service
support, e-bill presentment, management and distribution of report data and
long-term archiving of historical data."
"The e-document services provided by our docHarbor(SM) business address
all of these application areas, providing a complete solution for web-based
document management," said Ralph W. Koehrer, president and chief executive
officer of Anacomp. "We are pleased that Gartner Group has recognized Anacomp
for both our complete vision and our ability to execute that vision. This
confirms that Anacomp has the technology and infrastructure to achieve and
sustain a leadership position in the industry."
Anacomp recently announced the formation of docHarbor, Inc. a wholly-owned
subsidiary dedicated to becoming the nation's leading document application
service provider (ASP). docHarbor's Internet Document Services(SM) offering
stores clients' documents in electronic form on any scale, and delivers them
reliably and securely to clients' personnel and customers over the Internet or
private networks through standard web browsers. docHarbor provides special
applications for banking, insurance, investment services, utilities,
transportation, and telecommunications.
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