This patent protects TIS' innovative approach to mobile capture that affords users both ease of use and high quality text recognition when capturing documents of any size with only the camera available on most mobile devices. This unique technology for image capture and processing enables automatic extraction of the information with high levels of accuracy. This innovative ability to capture and process multi-page documents anywhere and anytime without any special equipment adds tremendous convenience and value.
TIS will apply this new approach to enhance its existing MobiFLOW platform and the many applications running on the platform, as well as develop new applications that were not possible without this technology. The ability to effectively capture, index and analyze full page forms – such as insurance claims or healthcare forms – opens up a wide realm of potential new use cases that TIS is exploring with its partners and customers.
"We are extremely proud and excited by this important achievement," remarked
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
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