TiS Expands Operations with the Establishment of TiS - UK
biz.yahoo.com
Friday June 5, 8:00 am Eastern Time
Company Press Release
SOURCE: Top Image Systems, Ltd.
LONDON, June 5 /PRNewswire/ -- TiS - Top Image Systems Ltd. (''TiS'') (Nasdaq: TISAF - news, TISWF - news) announced the opening of a new office located in Sheffield, England, to provide additional sales support and services for the UK and Eire.
TiS - UK will offer its award winning automated forms processing solution, AFPSPro, for the vertical markets already serviced, namely: insurance, government, health care, finance, transportation, and any organization or entity which has requirements for extracting data from mid to high volumes of forms. TiS - UK will open its doors shortly after exhibiting AFPSPro at the IMC trade show, between June 9-11, at booth 304, and will be fully operational as of July 1, 1998.
Commenting on the announcement, Mr. Neil Parkin, General Manager of TiS - UK, stated: ''This is another important step in growing our international business. The British forms processing market generated approximately $7 million last year, and 1998 results are expected to double. This is a dynamic and quickly growing market. Extracting data from forms requires an accurate, quick and cost-effective solution. That solution is our award winning product, AFPSPro.''
He added, ''Establishing a direct presence in the British Isles is a key step to TiS' European strategy. Developing service capability based on TiS' distinctive technology and expertise in automated forms processing is a practical way to achieve increasing growth consistently. Moreover, our commitment to serving the growing and changing needs of our customers in the British Isles is a top priority.''
TiS - UK, Ltd. is a subsidiary of TiS - Top Image Systems, Ltd., which 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. For more information on The TiS, you can visit the Company's Web Site can be reached at tis.co.il.
SOURCE: Top Image Systems, Ltd. |
