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Technology Stocks : TREV (IMGX - Network Imaging, by another name)

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To: Gary s Gilbert who wrote (56)10/1/1998 9:05:00 AM
From: t.gawarecki   of 108
 
TREEV Awarded Contract from Nabisco, Inc.; One of the Nation's Leading Food Manufacturers to Use New OmniTREEV(TM) Software

PR Newswire - October 01, 1998 08:52

HERNDON, Va., Oct. 1 /PRNewswire/ -- TREEV, Inc. (Nasdaq: TREV) today announced its latest contract win from Nabisco, Inc. (NYSE: NA). Under the contract, Nabisco will utilize TREEV's new patented OmniTREEV document management engine to handle numerous systems applications. Nabisco, headquartered in Parsippany, New Jersey, is an $8.7 billion marketer of biscuit, snack and premium food products in the United States, Canada and more than 85 countries worldwide.

OmniTREEV software enables companies, the size of Nabisco, to more efficiently manage the millions of vendor invoices, customer check remittances and deduction resolutions handled annually. The system will make invoices and remittances available for instant on-line retrieval and viewing through a familiar Windows(TM) interface. Nabisco has successfully used TREEV's document management software in its Customer Financial Services Department since 1996 to manage more than 35,000 POD (Proof-of-delivery) daily.

Jim Leto, TREEV's Chairman and CEO commented, "We are delighted to have another opportunity to serve Nabisco as their document imaging partner. As with many of our customers, Nabisco has found that TREEV's technology can be applied to streamline functions in a variety of document-intensive departments throughout the enterprise. Being chosen by existing customers for expansion projects such as this is a testament to our past performance in the area of professional services and the uniqueness of our technology."

OmniTREEV is a patented software solution for managing the content and storage of multimedia data types such as text, images, video and audio. OmniTREEV handles the management, storage and distribution of any type of multimedia or document object in high-transaction, client/server and Internet/intranet environments. Companies which utilize OmniTREEV are able to seamlessly multimedia-enable existing or new database applications while preserving their investments in legacy information systems and hardware equipment.

About Nabisco

Nabisco is a major international manufacturer of biscuits, snacks, and premium grocery products, including such well-known U.S. brands as Oreo, SnackWell's, and Chips Ahoy!; Ritz crackers; Life Savers confections; Planters nuts and snacks; A.1. steak sauces and Grey Poupon mustards. International products include Christie, Peek Freans, Terrabusi and Yemina cookies and crackers; Royal dessert mixes; Fleischmann's yeast; and several Nabisco global brands: Oreo, Ritz and Chips Ahoy!. Nabisco markets products in the United States, Canada and more than 85 other countries around the world.

About TREEV

TREEV (formerly Network Imaging Corporation) is a leading developer and marketer of integrated document management solutions. Built on our award-winning patented object management technology, TREEV's suite of software products extends a company's investment in legacy and client/server applications by providing users with flexible, cost-effective document management solutions. TREEV is a Microsoft Corporation (Nasdaq: MSFT) Certified Solution Provider, certified to create and sell complete Microsoft-compatible document management solutions. The Company's software is marketed through partners such as Sybase (Nasdaq: SYBS), Lockheed Martin (NYSE: LMT), ALLTEL (NYSE: AT), EDS (NYSE: EDS) and Intergraph Corporation (Nasdaq: INGR). For additional information about TREEV's products or services, call (800) 254-0994, or browse our Web site at treev.com.

TREEV(R) is a registered trademark of TREEV, Inc. All other products and brand names are trademarks or registered trademarks of their respective owners.

SOURCE TREEV, Inc.

/CONTACT: MARKETING: Paul Bender, Director, Marketing Communications,
703-904-3112, or pbender@treev.com, Kelly Rae Mullins, APR, Manager, Corporate
Communications, 703-904-3114, or kmullins@treev.com, both of TREEV; or
INVESTORS: Karen Vahouny of The Poretz Group, 703-506-1778, or
karen@poretz.com/

/Web site: treev.com

(TREV NA)
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