Generali Group Austria Selects Top Image Systems Mailroom Solution

The third largest insurance group in Europe will use TIS' eFLOW to automate the processing of 60 million documents received annually


Tel Aviv, Israel – May 3, 2010 –Top Image Systems, Ltd. (Nasdaq: TISA; TASE: TISA), the leading innovator of intelligent document recognition, announced today that it was selected by Generali Group Austria to index and classify 60 million documents received annually. Following an in-depth evaluation, TIS' eFLOW was chosen to replace an existing solution.

Generali Group Austria will use eFLOW  to capture and extract data from incoming documents received by mail, fax and electronic means, as well as process internal documents. The resulting data and images will be exported into a workflow application and distributed to the relevant location based on pre defined criteria.
As a result, Generali Group Austria will attain increased efficiency and lower operational costs, while controlling the information flow and accelerating business processes.

Generali Group Austria, with its complex organizational structure and extensive volume of incoming mail, chose TIS for its service orientation and proven experience with large companies. eFLOW solution's comprehensive functionality and flexibility, ease of customization and scalability, highly supports Generali Group's procedures and requirements.

Dimiter Kurtev, Group Leader Document Management at Generali Group Austria said: "Generali Group Austria's selection of Top Image Systems perfectly supports our strategy to continuously improve processing speed and better serve our customers and partners. We see eFLOW application as a crucial tool to increase efficiency and effectiveness of our business processes in the next few years."

"We are very pleased to have been selected by Generali Group Austria. Our experience with paper-intensive firms, such as insurance companies, allows our customers to better deliver operational efficiency and ROI at every level of their organization, while improving customer service and maintaining competitive advantage." said Michael Schrader, Managing Director EMEA at Top Image Systems. "This win, together with other recent wins, further strengthens our presence in the region."

About Generali Group Austria
Generali Group Austria is a leading general insurer, and its product line also includes other financial services. The group operates under the umbrella of Generali Holding Vienna AG. Its members in Austria include Generali Versicherung AG, BAWAG P.S.K. Versicherung AG and Europäische Reiseversicherung AG as well as Generali Bank AG, 3 Banken-Generali Investment-Ges.m.b.H. and staff benefit fund BONUS Vorsorgekasse AG. The Generali Group is Austria’s third-largest insurer with a market share of nearly 15 per cent.
The Austrian Generali Group is a member of the globally active Assicurazioni Generali S.p.A. Group, which was founded in Trieste in 1831. The international Generali Group is Europe’s third-largest insurer, recording premium income of more than €70.5 billion in 2009. It operates in 68 countries. Its 85,000 employees serve more than 70 million customers. Visit www.generali.at for more information.

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