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Top Image Systems' MobiFLOW Wins Mobile Innovations Award

July 20, 2014

TEL AVIV, Israel and LONDON, July 21, 2014 (GLOBE NEWSWIRE) -- Top Image Systems Ltd.(Nasdaq:TISA), a leading ECM (Enterprise Content Management) and BPM (Business Process Management) solution and MIP (Mobile Imaging Platform) provider, announced today that the Mobile Innovations Awards named TIS' MobiFLOW as the 2014 winner in the "Best Use of an App to Collect Data and Information" category from among a group of finalists including Jumio and KLM Royal Dutch Airlines.

The winners were selected by a panel of judges that are specialists in the mobile sector including figures with much experience and insight into the dynamic mobile marketplace. According to the judges, "Top Image Systems (MobiFLOW) is easing the transition from old methods to the digital world and the problems of bringing documentation to the consumer sector ... (TIS) is freeing us from the shackles of paper."

The MobiFLOW mobile image processing platform was recognized for driving optimized self-service processes via mobile devices, such as applications for depositing checks, paying bills, opening new accounts and more. MobiFLOW offers the highest quality mobile capture and recognition of documents in any size or format. Its technological superiority optimizes quality assurance, security and user experience.

The Mobile Innovations Awards were launched to recognize excellence and innovation in mobile commercial use. Awards were presented to winners at a gala event sponsored by Prime Sponsor TSYS, plus Award Sponsors Monitise Create and Paythru, which took place on July 8, 2014 in London.

Kelley Knutson, vice president, international services for TSYS, paid tribute to the finalists by commenting: "Tonight's finalists are among the brightest examples of next-generation innovators across the market ... they've moved beyond the 'norm' and have been expanding boundaries with their spirit of creativity, risk taking and high customer touch. This type of innovative thinking has led to some of the world's greatest technology, and consumer proposition breakthroughs, that have enhanced how we live, and work, every day."

"TIS is proud to be recognized as an innovator among this distinguished group of mobile solution providers, and most importantly as a provider whose apps understand and fulfill the needs of savvy consumers using mobile devices to simplify daily tasks," remarked Michael Schrader, COO Top Image Systems. "These are the consumers of the future, and TIS will continue to develop innovative, smart, useful yet simple self-service apps to meet their demands."

Visit the TIS Mobile Innovations Award 2014 Awards Page

Read the Mobile Innovations Awards press release

Browse Mobile Innovation Magazine Winners Edition for the full list of Finalists and Winners

About the Mobile Innovation Awards

The Mobile Innovations Awards took place on Tuesday July 8, 2014. This glamorous awards event was held in the prestigious Grosvenor House Hotel on Park Lane, London. These Awards have been launched for the EMEA region, to celebrate the enormous growth and innovation in mobile technology. New mobile technologies are changing every aspect of the way we do business and live our lives and the pace of development is only set to increase. These new Awards are being launched in recognition of the impact mobile technologies are having across the region and to embrace innovation now and in the future. For more details, visit http://www.themobileinnovationsawards.com.

About Top Image Systems

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.

Top Image Systems 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.

CONTACT: TIS Company Contact: Shelli Zargary Director of Corporate Marketing and Investor Relations shelli.zargary@topimagesystems.com +972 3 767 9114 TIS Investors: James Carbonara Regional Vice President, Hayden IR james@haydenir.com + 1 646 755 7412



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Source: Top Image Systems Ltd.


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