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Top Image Systems, Ltd. Announces Signing Mobile Capture Solutions Reseller Agreement With Jack Henry & Associates, Inc.

NEW YORK, Oct. 15, 2012 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq:TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, announced today that the company has signed a reseller agreement with Jack Henry & Associates, Inc. (Nasdaq:JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry. The reseller agreement specifically entitles Jack Henry to distribute TIS' mobile capture solutions in conjunction with its Alogent Mobile Remote Deposit solution without any geographical restrictions.

Remarked Stacey Zengel, GM Imaging Solutions, Jack Henry & Associates, Inc., "We have been impressed by the technologies underlying the TIS mobile capture solution and believe the combined strength of the TIS solution and our Alogent Mobile Remote Deposit solution will accommodate our international expansion strategy."

"We are very excited by this agreement," said Omri Gelb, EVP and GM for TIS North America, "both for the endorsement that Top Image Systems and our mobile capture solutions receive in the form of being selected by a company of the caliber of Jack Henry & Associates, as well as by the strong market success that we expect to achieve from this partnership."

About Jack Henry & Associates, Inc.

Jack Henry & Associates, Inc. ® (Nasdaq:JKHY) is a leading provider of computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,900 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking ® supports banks ranging from community to mid-tier institutions with information processing solutions.  Symitar ® is the leading provider of information processing solutions for credit unions of all sizes.  ProfitStars ® provides best-of-breed solutions that enhance the performance of domestic and international financial institutions of all asset sizes and charters using any core processing system, as well as diverse corporate entities. Additional information is available at www.jackhenry.com .

About Top Image Systems

Top Image Systems™ (TIS™) Ltd.  is a leading innovator of enterprise solutions for managing and validating content entering organizations from various sources. Whether originating from mobile, electronic, paper or other sources, TIS solutions deliver content across enterprise applications. TIS' eFLOW Platform is a common platform for the company's solutions which is marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners. Visit the company's website at http://www.TopImageSystems.com for more information.

The Top Image Systems logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4212

Caution Concerning Forward-Looking Statements

Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward looking statements. Words such as "will," "expects,", "anticipates," "estimates," and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, litigation, general economic conditions and other risk factors detailed in the Company's most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Company Contact:
         
         Shelli Zargary
         Director of Corporate Marketing and Investor Relations
         shelli.zargary@topimagesystems.com
         +972 3 767 9114
         
         Investors:
         
         James Carbonara
         Regional Vice President, Hayden IR
         james@haydenir.com
         + 1 646 755 7412

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