TEL AVIV, Israel and PLANO, Texas, Aug. 23, 2016 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (NASDAQ:TISA), a global innovator of intelligent content processing solutions, announced today that on 28 June, 2016 the United States Patent and Trademark Office issued US Patent No.: 9,378,418 to Top Image Systems to protect the Company’s unique method for mail classification and automatic response generation.
This patent protects the Company’s proprietary knowhow in the area of automated document comprehension that eFLOW® software leverages to more closely mimic human processing of content and context. These developments will advance innovative technologies in the Digital Mailroom arena that improve intelligent document recognition and enable exceptionally precise classification capabilities for enhanced automated customer communications management, capabilities that contribute to effective customer engagement, satisfaction and retention.
Digital mailroom solutions maximize straight-through processing of incoming content, rapidly and accurately classifying, prioritizing and routing the extracted business data to the right processes and persons to ensure timely, effective customer-centric business operations. In today’s expanding digital mailroom market, TIS collaborates with strategic partners to offer enterprises complete end-to-end automated Digital Mailroom solutions.
“Top Image Systems has earned its reputation as a leader in intelligent content capture and document processing automation by continually investing in innovative R&D that maintains our technological edge,” commented Carsten Nelk, CTO, Top Image Systems. “This patent is another proof point of our position in the automated mail management space. Advanced classification and response generation are key components of effective customer communication management and customer-centric business process automation solutions; together with our partners TIS will continue to be an important player in this market.”
About Top Image System
Top Image Systems™ (TIS™) Ltd. is a leading innovator of enterprise solutions for capturing and validating structured and unstructured content entering organizations from various sources and managing content-driven business processes. Whether originating from mobile, electronic, paper or other sources, TIS solutions automatically capture, process and deliver content across enterprise applications. TIS’ flagship eFLOW platform and diverse business process and mobile image processing solutions are 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.
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.