Document recognition co Top Image wins UK deal

The contract calls for the capture and classification of more than 6 million documents in varying formats.

Document recognition and tracking company Top Image Systems Ltd. (Nasdaq: TISA; TASE:TISA) said today that it contracted with a leading Business Process Outsourcing organization to replace the current document capture solution of a Government agency mailroom in the UK with Top Image's eFLOW Unified Content Platform.

The contract is valued at approximately $500,000 and calls for the capture and classification of more than 6 million documents in varying formats.

Shares in Top Image opened 1.1% lower on Nasdaq this morning.

Published by Globes [online], Israel business news - www.globes-online.com - on October 6, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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