Thanks to Arelnet on the TISA message board on Raging Bull.
News on TIS:
Top Image Systems and the COMTEAM Group Seal Co-operation Cologne, September 15th 1999. The German subsidiary of TiS, Top Image Systems Ltd. (NASDAQ: TISA, TISAW), one of the market leaders in the form processing software solution business and the COMTEAM PC-Trade-Cooperation announced their co-operation in the area of system integration of TiS solutions before the start of the trade fair DMS in Essen.
Mr. Schenemeyer, Managing Director of COMTEAM, stated: "The form processing and image recognition market is growing more than proportionally, therefore we want to prepare entrance cards to this segment for our COMTEAM system houses. TiS and its flagship AFPSPro are being seen as market leaders in Germany and other countries. To our minds AFPSPro is the matured solution which makes automated form processing possible concerning middle and larger projects. This is reason enough for a co-operation with TiS."
Peter Nowak, General Manager of TiS Germany: "The system houses of the COMTEAM group dispose of the potential of a strategic solution partner for the integration of our products on the German market. The network of the COMTEAM group ensures support on location especially for the companies using our solutions. An absolute "must" for solution-oriented applications."
The common target for the year 2000 is a turnover of 2.5 to 3.0 Mio. DEM through qualified COMTEAM members of the system house type. The co-operation of both companies is going to be documented already at this years' DMS in Essen by integrating COMTEAM on the TiS booth. On the 30.09.1999 a qualification program of the COMTEAM system partners with regard to the TiS solutions will be started within a workshop.
Top Image Systems, Ltd. develops and markets form processing, information recognition and data entry software, systems and technologies. The Company's software minimizes the need for manual data-entry by automatically reading and processing the information contained in forms, increasing data capture accuracy and the rate of information processing. TiS' award-winning AFPSPro software provides a complete, cost-effective, reliable solution for mid to high-volume production form processing. TiS sells its products in more than 25 countries through a multi-tier network of distributors, system integrators and value added resellers.
The COMTEAM, located closed to Bremen, belonging to its members at a 100 per cent, is the market leading PC-Trade-Cooperation in Germany with more than 500 members and a group turnover of 1.6 Mio. DEM. The COMTEAM members cover different branches from the office machine manufacturer, PC-shop, qualified reseller up to the system house. For the members of the system house type, COMTEAM already has introduced a surface covering service project for customers with German-wide IT-projects three years ago, which has developed up to today to one of the tensest service networks of independent PC-resellers and -system houses with more than 500 technician headquarters.
T.i.S. Contact Information:
T.i.S. - Top Image Systems, Ltd.
2 HaBarzel St.
Ramat Hahayal Tel-Aviv 69710, ISRAEL
Tel: +972-3-6487722
Fax: +972-3-6486664
Web: tis.co.il
Email: tisus@topimagesystems.com |
