Major European Social Security Organization Invests $1 Million in TIS's eFLOW

(Comment on this article at http://www.financialwire.net/2009/11/19/major-european-social-security-organization-invests-1-million-in-tiss-eflow/)

November 19, 2009 (FinancialWire) -- Top Image Systems, Ltd. (NASDAQ: TISA) (TASE: TISA), the leading innovator of intelligent document recognition, has been selected by Unisystems, the largest Greek IT integrator, to process 170 thousand medical prescriptions a day for a major social security organization.

The organization is faced with more than 3.5 million prescriptions every month, all of which need to be processed expeditiously, with information accurately captured and delivered into its data repositories. This was a huge challenge, given the potential for human error associated with manual processing; therefore, automating the process was a necessary step toward accomplishing cost-reduction and efficiency goals. The organization was looking for a secure, scalable solution with the capacity to accurately capture data from a large volume of documents.

In a highly competitive selection process, which included a full-scale benchmark of the solution, the organization evaluated offerings from various international and local vendors. With its superior solutions and world-class localized support offered by Unisystems, TIS's eFLOW software solution emerged as the clear choice.

The solution, supported by Unisystems, a TIS partner and the largest Greek IT integrator, integrated TIS's eFLOW with Documentum, a document management system, and AtkoSoft, a system for post-process verification. In 2010, the first full year in which the system will be operating, the organization expects to save $250-$300 million.

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