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Top Image Systems And Feith Formalize Partnership Agreement To Offer Capture-Enabled BPM Solutions To The US Market

TEL AVIV, Israel and NEW YORK, July 30, 2013 (GLOBE NEWSWIRE) -- Top Image Systems Ltd. (Nasdaq:TISA), a leading ECM (Enterprise Content Management) intelligent content capture, workflow and delivery and mobile payments solutions provider,announces formalizing its partnership with Feith Systems and Software, Inc., Fort Washington, PA.-based provider of complete, integrated electronic ECM solutions, to jointly offer capture-enabled BPM solutions to the US market. Sharing similar objectives to bring their customers best-in-class, technologically superior solutions that facilitate business process optimization, the two companies determined that combining their complementary areas of expertise and integrating between their product suites would prove beneficial to both companies and add significant value for their customers. Following execution of successful joint marketing and sales activities, the companies agreed to formalize their partnership and cooperate on a joint go-to-market for their combined end-to-end capture-enabled BPM solution to the US-based Oracle™ user community. Top Image Systems will be a sponsor at the upcoming FACT 2013, the Feith Annual User Conference, to be held August 5 - 9, 2013 in Atlantic City, N.J.

Daniel Feith, Director of Sales Engineering, Feith Systems, comments, "Feith prides itself on having a long history of leveraging world-class technologies to provide its customers with the highest-performance solution set available on the market. For a long time we searched for a powerful data recognition and classification platform that could meet the challenges facing our customers; we are impressed by the functionality, scope and performance of the eFLOW® platform and are confident that it will enable our customers to achieve even higher productivity gains from their ECM and BPM solutions."

"Top Image Systems has entered the US market to bring American enterprises the very best content capture and recognition solutions available today," explains Omri Gelb, EVP and General Manager, Top Image Systems North America. "By partnering with a technological powerhouse such as Feith, integrating between the knowledge and skill set of two acknowledged technology leaders, we can extend our reach, expanding our solution set to provide an effectively unparalleled solution for end-to-end content and document process management that maximizes the enterprise's operational efficiency, and contribute to our customers' ability to compete. We have found at Feith superior solution capabilities, broad industry and market knowledge and a drive for excellence that we are certain will make this a win-win partnership, not only for the partners, but more importantly for our growing list of joint customers."

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