TEL AVIV, Israel and COLOGNE, Germany, May 7, 2012 (GLOBE NEWSWIRE) -- Top Image Systems (TIS), Ltd. (Nasdaq:TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, today announced that the company has once again been selected as one of the three finalists for "Solution Provider of the Year" in this year's prestigious ECM Awards. The prize, based on the results of a vote among clients, is awarded to particularly innovative and efficient solutions that are not only technologically sophisticated but also exceptionally easy to use. The award was presented during Pentadoc´s ECM Day 2012 on 26 April at the Marx Palace in Vienna.
Michael Schrader, Managing Director EMEA at Top Image Systems, commented: "After having won an award for Profitability last year, this new award once again highlights Top Image Systems' outstanding position in the enterprise content management and business process automation solutions market. My entire team and I are incredibly pleased to receive this award; such an award represents and reinforces our motivation to continuously offer our customers across all industries not only a unique technological solution, but also outstanding services and great business partnerships as well."
About Top Image Systems
Top Image Systems (TIS) 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 the content to applications that drive the organization. TIS's eFLOW™ Platform is a common platform for the company's solutions. TIS markets its platform in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers as well as strategic partners. Visit the company's website http://www.TopImageSystems.com for more information.
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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 Europe and 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.