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Technology Stocks : Top Image Systems Ltd. (TISA)
TISA 0.850-0.5%May 6 5:00 PM EST

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To: Skywatcher who wrote (271)7/27/1999 12:26:00 PM
From: RagTimeBand  Read Replies (1) of 436
 
From the latest TiS newsletter:

Press-Release
Deutsche Post Direkt Launches a Strategic Partnership with Top Image Systems Ltd., Tel Aviv

Bonn, July 22, 1999
On the occasion of DMS‘99, the European trade show and conferences for the management of information and documentation (from September 21-23 in Essen, Germany), Deutsche Post Direkt announces the launch of a strategic partnership with Top Image Systems (TiS) of Israel. TiS develops and markets software for the automatic processing of information from Internet, fax and paper; information recognition and data entry software. The company is traded on the NASDAQ small cap market (TISA).

Deutsche Post Direkt will also use TiS‘ IMC- and AIIM-award-winning recognition system AFPSPro at its Response Center. Pertnering with TiS enables Deutsche Post Direkt to create new business opportunities and develop its Response Center in Mannheim. "We have decided pro TIS because of the strong basis their procucts offer and the excellent opportunities for their product development", says Mr. Thomas Vogt, member of the executive management of Deutschen Post Direkt.

Deutsche Post Direkt

Deutsche Post Direkt GmbH is to 100% a daughter-company of Deutsche Post AG in Bonn, Germany. She was founded on January 1, 1998 and offers fast and innovative solutions in address and response management for mail-order-firms, publishers, providers of financial services and other companies communicating intensively with their customers. Currently Deutsche Post Direkt has a staff of 120 at the headquarters in Bonn and at the Response Center in Mannheim.
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