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Technology Stocks : Top Image Systems Ltd. (TISA)
TISA 0.850-0.5%May 6 4:00 PM EDT

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From: JakeStraw5/8/2014 8:11:58 AM
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Top Image Systems to Digitize 90 Million Citizens' ID Images in New EU Project
finance.yahoo.com

TEL AVIV, Israel and COLOGNE, Germany, May 8, 2014 (GLOBE NEWSWIRE) -- Top Image Systems Ltd. (TISA), a leading ECM (Enterprise Content Management), BPM (Business Process Management) and MIP (mobile imaging platform) provider, announced that the company won a six-figure deal funded by the European Union to digitize citizen IDs for a public institution in Romania. Altogether 90 million paper identification images are to be captured and processed within a challenging six-month deadline.

In one central processing site, the IDs of varying age and quality are to be scanned, recognized, the data transferred to a document management system and the images archived. One key reason for selecting Top Image Systems to carry out the project is to successfully overcome the challenge of recognizing many old, hand-written documents in the short project timeframe stipulated. The project is expected to dramatically improve identification issues for the Romanian government, while reducing the significant time and financial resources that would be required to carry out the project with manual data entry.

According to Yoss Perl, Executive Director, EMEA of Top Image Systems, "We are pleased to have been chosen for this important and challenging project. The recognition and detection of the IDs, including many old and poor quality documents, is quite complex. Top Image Systems was chosen for this project because of our well-known reputation for high-volume forms processing and the high quality recognition performance of our eFLOW(R) platform. Our many years of experience carrying out high-volume census and other public projects gives us a clear advantage in the case of complex, high volume data capture and processing."
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