Top Image Systems Ltd. Signed Contract Valued at Several Hundred Thousand Dollars to Expand its Enterprise Capture Implementation at the Czech PostTel Aviv / Cologne – June 27, 2012 - Top Image Systems, Ltd. (NASDAQ: TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, announced today that the Company reached an agreement with Czech Post to significantly expand their eFLOW® implementation, a deal worth several hundred thousand dollars. The enhanced eFLOW solution processes 500,000 payment orders per day and provides a flexible platform for future postal, mailroom, invoice processing and advanced capture and workflow projects to be deployed across Czech Post’s seven regional processing centers.
Combining a long history with a modern and innovative new corporate identity, Czech Post, the largest postal services provider in the Czech Republic, employs eFLOW to process postal payment orders containing hand-written and machine print alphanumeric characters. Selected for its high recognition and throughput rates as well as for its easy solution for special Czech characters, eFLOW performed excellently in various quality tests and has demonstrated to the customer during production its capacity for high speed character reading and reliable recognition results.
Top Image Systems carried out the extension project with its partner scanservice a.s., the Czech and Slovak distributor and system integrator with whom the original Czech Post solution on the eFLOW platform was developed. scanservice also redesigned the Post’s payment order forms in order to utilize the system more efficiently. ”We are enthusiastic about the future implications of this project at Czech Post,” commented Iva Steinerova, Professional Services Director, scanservice a.s. ”The customer highly appreciates that the expansion has been carried out in the planned timescale. Until now the postal authority has leveraged only part of eFLOW’s rich functionality; now they can go beyond rapid, automated document capture to add complex workflow and intelligent mailroom best practices that will substantially enhance the services that the Czech Post can provide its customers.“
“The postal industry is a very important sector for Top Image Systems,” said Michael Schrader, Managing Director TIS EMEA. “To date, TIS has deployed successful solutions for numerous postal agencies across Europe, from the Swiss and Austrian postal authorities to Deutsche Post in Germany and most recently projects in Italy. eFLOW has earned its leadership position in this challenging sector due to its proven capacity to achieve highest speed recognition and throughput in environments managing extremely high volumes of documents every day. Top Image System’s long and fruitful relationship with the Czech Post and with scanservice has been built on loyalty, reliability, good service and commitment and we expect it to continue to flourish for many years to come.“
About Czech Post
Czech Post is a state-owned enterprise founded in 1993 by the Ministry of Economics of the Czech Republic. As of 2010, the Ministry of the Interior was appointed as the founder of the Czech Post. As of2010, the Czech Post operated 3,385 post offices (including Partner and Services Point) and employed 34,374 full-time equivalent of employees.
scanservice a.s. is the largest Czech company working in the field of document processing. For 15 years, the company has been offering document processing services via outsourcing as well as supplies systems for document processing to leading Czech and international companies and to both government and local government area.