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Kofax - 7/27/2010
Kofax Releases New Version of Its Business Communication Software
Kofax Communication Server 9.0 Enhances Information Exchange Capabilities for Automating and
Accelerating Business Processes
Kofax plc, the leading provider of document driven business process automation solutions, today
announced a new release of Kofax Communication Server (KCS), which automates the receipt,
exchange and output of business critical information between applications, devices and people. KCS
9.0 features new capabilities that improve the integration of inbound and outbound communications to
reduce the manual, slow and error prone processes typically associated with the receipt and transmission
of large volumes of documents, messages or other communications.
“The new capabilities we’ve added to KCS 9.0 extend its abilities as the most scalable and flexible enterprise
communication platform offered on the market today,” said Jim Nicol, Executive Vice President of Products at
Kofax. “KCS 9.0 delivers the most dependable and efficient communications platform for automating and
accelerating business processes, and can virtually plug into a customer's existing systems without requiring
additional infrastructure investments. As such, the total system cost of ownership is significantly reduced while
substantially improving system capabilities and performance.”
KCS coordinates and performs the automated exchange of business information by integrating inbound and
outbound communication channels. It links devices such as multifunction peripherals (MFPs) and phone
systems using media types such as email, fax, SMS, MMS, voice mail and telex with applications from SAP,
IBM, Kofax and other software providers. With KCS, organizations can exchange information in the formats
most appropriate for their customers and partners, enable intelligent routing, and track the flow of information
for compliance and other purposes.
New features in KCS 9.0 include:
Enhanced Web Service Interfaces: KCS 9.0’s Web Monitoring Interface (WMI) provides easy access to
message monitoring, alerting and tracking features, including the monitoring of application and message
servers, channels and queues. Such new WMI functionalities are provided via Web services to facilitate
integration with various enterprise applications. In addition, the existing Web service interface has been
enhanced to provide more functionality to access, send and receive messages.
Native Kofax Capture Integration: A new integration module now provides a transactional connection between
Kofax Capture and KCS 9.0. In addition, the easy-to-use graphical user interface accelerates installation and
configuration.
Full Microsoft System Support: KCS 9.0 offers seamless integration into Microsoft Exchange 2010
environments, and all supported server components, such as the server and link packages, are supported
on Windows 2008 R2. Also supported are client applications needed for administrative purposes and
Hyper-V, Microsoft’s virtualization system able to run multiple operating systems on one host computer,
which is included with the Windows 2008 server operating system.
Improved Backup and Recovery Capabilities: KCS 9.0 provides a new backup and recovery application for
configuration, user and message data and scheduling functions allow users to make regular backups.
Next-Generation IP Support: IPv6 is the next generation of Internet protocol (IP) communication and KCS 9.0
supports IPv6 for the KCS core server, FoIP, its client applications and SMTP-based links.
New System Certifications: KCS 9.0 is now certified for SAP and Cisco IP PABXs.
www.kofax.com
Kofax - 7/12/2010
Kofax Adds Support for Microsoft SharePoint Server 2010
Integration with SharePoint Platform Streamlines the Capture, Processing and Archiving of Transactional
Business Information
Kofax plc, a global provider of document driven business process automation solutions, today announced
the integration of its Kofax Capture software with the newly released Microsoft® SharePoint® Server 2010.
Available now, the combined solution serves as a robust platform for capturing, processing and archiving
mission-critical, transactional business information.
A key component of Microsoft’s “Next Wave of Productivity,” Microsoft SharePoint Server 2010 represents
a state-of-the-art business collaboration platform for the enterprise, empowering users to connect with each
other, respond rapidly to business needs and cut costs with a unified infrastructure. Combined with Kofax
Capture’s powerful document capture capabilities, SharePoint Server 2010 users are able to manage and
control documents throughout the information lifecycle, and easily share, distribute, store and access
information.
“With increasing customer demands in today’s global marketplace, people need to share information and
collaborate with one another more quickly than ever,” said Anthony Macciola, Kofax’s Chief Technical
Officer. “With Kofax Capture serving as the information on ramp to SharePoint Server 2010, organizations
are able extract even greater value from their business processes. By leveraging SharePoint Server 2010’s
advanced capabilities, users are able to connect with other employees, customers and partners quickly and
efficiently with customizable and relevant information.”
“The combination of Kofax Capture and Microsoft SharePoint Server 2010 delivers a powerful platform that
enables unparalleled document capture, processing and accessibility capabilities for a wide range of
customers,” said Meera Mehta, Microsoft’s Group Manager for SharePoint. “Kofax Capture greatly
complements the features and functionality in SharePoint Server 2010, and helps deliver accelerated
productivity and collaboration across the applications people know and use every day.”
One example of a company leveraging Kofax Capture with Microsoft SharePoint 2010 is Aztec Group, a
full-service real estate investment banking firm that has managed over $8 billion in transactions during the past
decade. The firm recently selected SharePoint 2010 to deliver its corporate electronic document and records
management system and Kofax Capture to provide an efficient, flexible and versatile on ramp to archive all its
paper content into SharePoint. The combined solution empowers the firm to respond to its customer needs
more quickly and provide them with the industry leading service to which they have grown accustomed.
Kofax Capture accelerates business processes by scanning documents and forms, transforming them into
accurate, retrievable electronic information, and delivering them into business process applications,
databases and content management systems. Whether the information is on paper or in electronic files,
whether it’s located in a central office or on desktops and remote offices throughout the world, Kofax’s
proven document capture software helps users capture it all quickly and accurately.
www.kofax.com
Kofax - 5/25/2010
Kofax Extends Leadership in Transaction Capture with the Release
of Kofax Transformation Modules 5.0
Latest Version Accelerates Document Processing Abilities While Minimizing Costly Document Handling,
Data Entry and Errors
Kofax plc, the leading provider of document driven business process automation solutions, today announced
a new release of Kofax Transformation Modules, which automate the classification, sorting and separation of
paper and electronic forms and documents, and extract and validate the accuracy of the information they
contain. Version 5.0 features new enterprise level processing capabilities and enhanced data validation and
recognition in a single, unified platform that significantly increases speed, accuracy, and throughput for
high-volume document processing. With these latest advancements, users of Kofax Transformation Modules
are able to greatly accelerate the processing of documents and minimize costly document handling, data
entry and errors.
“Kofax Transformation Modules 5.0 enable organizations to manage their document processing requirements
faster, more accurately and at significantly reduced costs,” said Jim Nicol, Executive Vice President of
Products at Kofax. “This latest release reinforces our strategic commitment to invest in and extend our
industry leading, best-of-breed intelligent data capture solutions to meet the scalability, ease of deployment
and rapid return on investment requirements of our enterprise customers.”
Enhanced Support for High-Volume Enterprise Deployments
Kofax Transformation Modules 5.0 include support for enterprise class server hardware with adaptive
multi-core processing capabilities. This significantly increases document throughput and reduces processing
delays for high volume applications while keeping the hardware footprint small, thus improving efficiency while
concurrently minimizing operational support costs. The release also offers automatic batch restructuring and
single document routing capabilities, providing support for complex capture workflows that enable validated
batches to be released to back-end processes or sent to designated operators. These features eliminate
processing steps while increasing operator productivity and data security.
Leverages Distributed Workforces More Easily
Kofax Transformation Modules 5.0 add browser-based character correction to online validation through new
thin client keying modules, folder support and batch editing. Such functionality reduces costs and improves
document processing efficiency and accuracy by allowing distributed workforces to perform data validation
tasks from multiple remote locations using a pure HTML and JScript interface.
Increased ROI by Accelerating More Documents and Processes
The new release enables the extraction of cursive handwriting from unstructured documents such as letters,
thereby expanding the scope of applications, such as digital mailrooms, for classifying and capturing
incoming customer correspondence. In addition, Arabic language documents can now also be recognized,
extending full data capture capabilities for invoices, letters and many other document types for Middle East
customers.
www.kofax.com
Kofax - 5/6/2010
Kofax Announces Front Office Server 3.0
New Release Empowers Distributed Users to Initiate Document Driven Workflows and Accelerate
Processing Times
Kofax plc, the leading provider of document driven business process automation solutions, today announced
the general availability of Kofax Front Office Server 3.0, the latest version of its enterprise application that
allows users to capture forms and documents at their points of origin through multi-function peripherals (MFPs),
desktop scanners and other devices for accelerated processing through Kofax Capture and Kofax
Transformation Modules software.
Kofax Front Office Server 3.0 enhances the functionality, performance and value of Kofax solutions by
enabling front office and remote users to directly initiate document driven processes and workflows. Tighter
platform integration extends users’ abilities by enabling workflow administration through Kofax Capture, thereby
consolidating these capabilities on a single platform, and improving office automation through a unified system
that is easy to use and deploy. As a result, organizations can significantly improve the efficiency of document
driven operations, speed processing times, reduce costs and enhance customer service.
The new release empowers users to scan and extract data from documents in a fast, efficient and more
cost effective manner by directly integrating MFPs, desktop scanners and other devices into document
driven business processes. In addition, the new version allows the processing of emailed or faxed
documents to be initiated from an MFP panel and receive the same administrative control options as
documents sent to a business process. Such capabilities provide administrators with greater document
control, visibility and traceability.
“Kofax Front Office Server 3.0 extends the power of our document automation solutions directly to distributed
branch personnel and other remote users,” said Jim Nicol, Executive Vice President of Products at Kofax.
“The software leverages Kofax’s enterprise level infrastructure, so our customers are able to maximize their
document capture investment to further increase productivity and generate even faster paybacks.”
Single Platform System Management
Release 3.0 offers tighter integration with Kofax Capture and Kofax Transformation Modules. As a result,
centralized administration, export, validation scripting, user management and workflows can all be driven from
a single platform. This allows customers to further extend their Kofax investment to MFPs, desktop scanners
and other devices deployed throughout the enterprise quickly and efficiently, thereby improving productivity
while reducing administrative development and support costs.
Thin Client Scanning
Kofax Front Office Server 3.0 offers a thin client scan application that supports scanning, image editing and
document indexing, thereby allowing users to initiate document driven processes directly from their browser. It
also provides administrators with controls that enable interfaces and workflows to be personalized to specific
users based on permissions, geography or device location. This maximizes productivity and ensures data
quality by managing user abilities to add, delete, rotate, annotate, redact or index forms and documents.
Remote Support and Disaster Recovery
Release 3.0 is supported by Kofax’s existing enterprise level infrastructure that enables systems to be cost
effectively deployed on an enterprise wide basis to remote locations with limited or restricted bandwidth.
The software can also be supported by regional departmental installations, providing a disaster recovery
backup system in the event that services from a primary central site are no longer available. This ensures that
business critical operations continue and vital documents are protected without the risk of lost data.
www.kofax.com
Kofax - 4/22/2010
OPEX to Embed Kofax Technology Into New AS7200 Scanner
New OPEX Scanner Seamlessly Integrates Kofax VRS Image Enhancement Technology to Improve
Efficiency and Reduce Operating Costs
Kofax plc, the leading provider of document driven business process automation solutions, and OPEX
Corporation, a recognized global technology leader in document imaging and high-speed mailroom automation,
today announced an agreement to embed Kofax VRS technology into OPEX’s new AS7200 production
scanner. The seamless integration of the AS7200 with Kofax VRS technology will provide users with superior
image quality, advanced in-line recognition and improved, out-of-the-box scanning productivity through
ensured high-quality images and reduced manual document preparation.
“As OPEX continues to work with customers who process many forms and documents from a range of
industries, such as service bureaus, insurance companies, and healthcare entities, we have been truly
impressed by the features and value of the Kofax VRS technology,” said Mark Smith, Director of Product
Planning at OPEX. “Because of its ability to significantly enhance image quality and also provide advanced
features such as color detection and content-based rotation, Kofax VRS clearly distinguishes itself as
best-in-class. We are very pleased to have partnered with Kofax to embed VRS within the AS7200, our
latest innovation in scanning.”
“This agreement demonstrates the power of Kofax VRS to extend the value of scanning hardware by providing
image enhancement technology that increases scanner productivity, and enables users to improve efficiency
and reduce operating costs,” said Jim Vickers, Senior Vice President of OEM & Partner Strategy at Kofax.
Kofax VRS reduces the time involved in manual document preparation and enhances the quality of scanned
images. Capturing high-quality images is critical to document management processes, as image quality
significantly impacts the success of data extraction, recognition, and retrieval.
Eliminating unnecessary document preparation, paper handling, and other costly tasks not only improves
efficiency, but it also results in superior transaction integrity. OPEX’s AS7200’s unique single-step process
eliminates the additional non-value-added costs typically associated with conventional document capture.
When equipped with Kofax VRS technology, a variety of additional optimizations can be performed, including
auto-crop, auto-orientation, color suppression, color smoothing, selective content ignoring, and more. Such
capabilities add up to unmatched image quality, recognition, and cleanup at full-speed 300dpi.
www.kofax.com
Kofax - 3/23/2010
Kofax Announces Kofax Desktop 2.0
New Release Extends Functionality and Ease of Use for Personal Scanning
Kofax plc, the leading provider of document driven business process automation solutions, today announced
Kofax Desktop 2.0, a new release of its software for individual users that makes scanning a document as easy
as printing by seamlessly embedding such capabilities within Microsoft Office 2007 applications. Release 2.0
increases scanning functionality and ease of use by adding full text optical character recognition (OCR)
capabilities, allowing images to be exported as searchable PDF files and adding new language versions.
“Kofax Desktop 2.0 enables individual users to scan documents with even greater speed, efficiency and ease,”
said Jim Nicol, Executive Vice President of Products at Kofax. “This new release reinforces our commitment to
serve the capture spectrum of desktop to enterprise needs and broadens the software’s appeal with eight new
language versions.”
Kofax Desktop 2.0 adds full text optical character recognition (OCR) capabilities and allows images to be
exported as searchable PDF files. The software also offers the ability to export color images in compressed
PDF files that are smaller than their bi-tonal images, thereby increasing scanning efficiency and speed
through a system or network.
The new release also significantly expands Kofax Desktop’s global market reach with the addition of eight
new language versions, including French, German, Italian, Portuguese, Spanish, Russian, Chinese and
Japanese.
Kofax Desktop 2.0 is now available as a download at www.kofax.com for a free 30 day trail and $49.00 (U.S.)
for a fully functioning version.
www.kofax.com
Kofax - 2/3/2010
Kofax Announces MarkView Financial Suite 6.5
New Release Delivers a Capture Enabled Financial Process Automation Solution on a Single Platform
Kofax plc, the leading provider of document driven business process automation solutions, today announced
a new release of the MarkView Financial Suite, a comprehensive set of capture enabled financial process
automation solutions on a single platform that automate accounts payable and other processes.
Release 6.5 is the first release following the acquisition of 170 Systems by Kofax during September 2009 and
fully integrates Kofax’s industry leading capture software to create a complete end-to-end financial process
automation solution. This enables the automated receipt and capture of paper and electronic documents,
extraction and perfection of the data and workflows for routing transactions through exception handling and
approvals on one unified platform.
“Release 6.5 is designed to help customers realize lower costs by providing a single, consistent end-to-end
process for handling all paper and electronic invoices,” said Jim Nicol, Executive Vice President of Products
at Kofax. “This new release reflects our commitment to best leverage assets from the 170 Systems acquisition
to deliver a financial process automation platform that is simple to deploy and use while reducing a customer’s
total cost of ownership.”
“As a champion of the E-Payables AXIS Report, Kofax solutions should be strongly considered by all A/P
departments contemplating an A/P transformation/automation project,” said Andrew Bartolini, Vice President
of Global Supply Management Research at Aberdeen.
Full Kofax Capture Integration
MarkView 6.5 features full integration of Kofax capture software that streamlines the transformation of business
documents into structured electronic information. This includes the business rules, knowledgebases and
learn-by-example technologies for invoice recognition, classification and extraction that results in improved
data quality, reduced processing costs and fewer exceptions. For example, invoices without a corresponding
purchase order can be automatically routed for approval without the need for manual, time consuming
processes.
Integration of Kofax e-Transactions
With the integration of Kofax e-Transactions, users can also take advantage of a single platform for the
processing of both paper and electronic invoices. This means that all relevant invoice data can be captured
during the invoice print process, extracted, encrypted and then delivered to MarkView approval workflows for
automated validation and approval.
Simultaneous Support for Oracle and SAP and Expanded SAP Integration
Release 6.5 supports both Oracle and SAP simultaneously, thereby delivering improved service to customers
with either ERP system via a single financial process automation platform. The release has also passed
certification for SAP ArchiveLink integrated with SAP NetWeaver 7.00, which further strengthens Kofax’s
commitment to provide robust integration between Kofax MarkView and SAP products.
Support for Windows 7 and Internet Explorer 8
The new release also adds support for Windows 7 and Internet Explorer 8. This allows users to run MarkView
using the latest Microsoft operating system and browser platforms, further enhancing access and ease of use.
New Language Support
MarkView 6.5 expands its global market access by adding support for new languages. Along with French and
German, the release now supports Italian, Spanish and Portuguese for both Oracle and SAP environments.
MarkView 6.5 is now available.
www.kofax.com
Kofax - 1/26/2010
Kofax Announces Version 9.0 of Kofax Capture
Release Adds New Deployment and Administration Functionality
Kofax plc, the leading provider of document driven business process automation solutions, today announced
a new release of Kofax Capture. Version 9.0 incorporates new features that deliver more efficient deployment
and administration capabilities to support enterprise wide installations and other benefits.
“Kofax Capture 9.0 reflects our ongoing strategic commitment to continuous product innovation that delivers
incremental value for our customers and partners,” said Jim Nicol, Executive Vice President of Products at
Kofax. “This release lowers our customers’ total cost of ownership and eases their deployment and
administration requirements.”
Version 9.0 allows users to automate the deployment and updating of the software, their applications and any
customizations from a central server. Remote sites automatically receive these and updates as they become
available. The new release also ensures high availability at remote sites through redundant licensing, which
improves system reliability and ensures business continuity.
Kofax Capture 9.0 also includes the capability to update, modify and revise specific aspects of a document
batch class while processing is already in progress. This reduces the potential for exceptions that might later
require time consuming and costly manual steps to correct. Additionally, specific document types within a
document batch can now be routed to specific operators for specialized handling, thus accelerating processing
times while lowering operator training costs.
Updated to support Microsoft Windows 7.0, the new release also includes a Microsoft Windows Installer
(MSI) that enables enterprise customers to seamlessly deploy Kofax Capture using their standard software
management and delivery tools.
Kofax Capture 9.0 is now available.
www.kofax.com
Kofax - 1/20/2010
Kofax Announces Release 2.0 of Kofax Express
New Features Enhance Ease of Use and Expand Functionality for Scan to Archive Applications
Kofax plc, the leading provider of document driven business process automation solutions, today announced
a new release of Kofax Express, an all in one scan to archive software package for image capture applications.
Release 2.0 offers new features that enhance the application’s ease of use and expand its functionality,
thereby increasing productivity and significantly reducing operating costs.
“Kofax Express 2.0 reflects our ongoing commitment to invest heavily in document driven business process
automation applications across all market segments, from basic image capture to advanced enterprise level
solutions,” said Jim Nicol, Executive Vice President of Products at Kofax. “Demand for Kofax Express
continues to accelerate, especially among small and mid sized organizations. This release strengthens the
software, enabling customers to scan and archive documents more quickly and at lower costs.”
“Our business depends on our ability to efficiently and effectively automate our clients’ paper heavy processes,
and Kofax Express helps us do that,” said Jennifer Van Hart at Micrographics, Inc., a leading information
management service bureau based in Florida. “The software provides a single, turnkey capture solution
that is fast, effective, reliable and easy to use and deploy.”
Automatic Image File Importing
Release 2.0 optimizes the FolderScan function, which allows the automatic import of image files (TIFF, PDF,
JPG, and BMP) from a folder directly into Kofax Express, better enabling capture from sources such as MFPs,
fax servers and saved images. This provides users with a time and cost saving single interface to their back
end repository for images from all sources.
Improved PDF Support
Now supporting both PDF and PDF/A formats, Kofax Express 2.0’s compression maintains crisp, clear color
images delivered in file sizes associated with black and white images, leading to quicker downstream
processing and improved efficiencies. The software also extends its OCR (Optical Character Recognition)
technology to expand its searchable PDF capabilities, allowing users to more easily and accurately search for
data within PDF documents.
Advanced Database Support
Kofax Express 2.0 offers advanced database support capabilities. This includes the ability to connect to any
ODBC (Open Database Connectivity) compliant repositories such as Microsoft Access, SQL Server or Oracle
to instantly look up and then populate an index field value, thereby accelerating indexing tasks and improving
accuracy. In addition, the software now features an export API that enables the creation of customized export
connectors to virtually any repository, allowing users to increase efficiency while cost effectively leveraging
existing infrastructure.
Kofax Express 2.0 is now available.
www.kofax.com
Kofax - 12/15/2009
Kofax Earns Highest Ranking in Aberdeen’s 2009 e-Payables AXIS
Report
Kofax Placed in the Champion Category
Kofax plc, the leading provider of document driven business process automation solutions, today announced
it has been recognized as the highest performing vendor in the automated accounts payable market by
Aberdeen Group in its annual e-Payables AXIS report.
“Automation is critical to streamline accounts payable processes and manage costs for enterprise level
organizations,” said Andrew Bartolini, Vice President of Global Supply Management Research at Aberdeen
and author of the AXIS report. “As our top ranked vendor, Kofax brings strong solution capabilities and should
be considered by all accounts payable departments contemplating a transformation or automation project.”
Kofax solutions decrease the cost, time and effort required to process invoices by providing a complete solution
that incorporates paper as well as electronic invoice capture and accounts payable workflow capabilities.
“This ranking demonstrates Kofax’s ability to deliver the highest value to enterprise level customers with
comprehensive solutions that provide a rapid return on investment,” said Andrew Pery, Chief Marketing
Officer at Kofax. “Our solutions continue to position us as the best provider in this rapidly growing market.”
www.kofax.com
Kofax - 12/9/2009
Kofax Transform 2009 Events Draw Record Attendance
End User Customer and Channel Partner Registrations Increased By 45 Percent
Kofax plc, the leading provider of document driven business process automation solutions, today announced
that its recent Transform 2009 Americas and EMEA end user customer and channel partner conference
attracted over 800 registrations representing a 45 percent increase over the same events in the prior year.
For the first time Transform 2009 included the participation of Kofax’s valued network of global channel
partners and end user customers across multiple vertical industries spanning banking, insurance, healthcare,
government and manufacturing. Combined, the two events drew over 250 end user registrations,
representing approximately 30 percent of the total attendance compared to approximately 30 end user customer
attendees in the prior year. Based on a post event survey 89 percent of the delegates agreed that the
conference delivered the expected value and 72 percent indicated that they will recommend attending the
next Transform events to their colleagues.
The events focused on providing participants with practical strategies, insights to best practices relating to the
implementation of document driven process automation solutions, hands on product certification and training
and thought leadership presentations covering a wide range of industry specific applications.
“The high attendance, especially by end user customers, speaks to the global demand for our document driven
process automation solutions,” said Alan Kerr, Executive Vice President of Field Operations at Kofax.
“Transform 2009 provided an ideal forum for organizations to identify and pursue ways of increasing efficiency,
reducing costs, improving productivity and generating fast ROIs.”
Major sponsors included Fujitsu, Ricoh, HP, Canon, Panasonic, Bowe Bell Howell, Opex, FileBound,
Advanced Capture Team, Computing Systems Innovations (CSI), IBML, Therefore and A2iA.
“The conference enabled us to connect our customers directly with Kofax executives and technical partners
to identify and discuss practical document automation solutions that will best meet their needs,” said Neal
Fischer, Principal and Founder of Hershey Technologies, a long time Kofax channel partner. “We had nearly
50 of our local customers attend, and we saw meaningful value in the customer briefings and professional
networking this event offered.”
As part of the conference, Kofax also announced the six winners of the Transform 2009 Partner Awards.
For the Americas, IKON Office Solutions earned the “Top Kofax Reseller Partner” award for highest overall
sales performance during the year and Ricoh Americas Corporation won the “Largest Transaction Award”
for securing a large sale at ADT, America’s number one provider of electronic security systems and services.
RPI Consultants was named “Top Kofax Newcomer,” which is given to a new channel partner with the year’s
highest sales performance. In EMEA, Docspro B.V. won “Top Kofax Reseller Partner,” Diagonal Solutions
the “Largest Transaction Award” and GPI Advanced Information the “Top Kofax Newcomer” honor.
www.kofax.com
Kofax - 10/27/2009
Kofax Extends and Enhances Successful Kofax Express with Fujitsu
Business Scanners
Limited Time Offer Extended Through December 31, 2009 and Now Includes Additional Discount on
Scanner Maintenance Contracts
Kofax plc (LSE: KFX), the leading provider of document driven business process automation solutions,
today announced the extension of a limited time promotional offer that bundles Kofax Express at a 50
percent discount from its normal suggested list price with Fujitsu business scanner models and now also
Includes an additional 25 percent discount on scanner maintenance contracts provided by Kofax.
Available now through December 31, 2009, the extended promotion is offered through Kofax’s value added
hardware distribution business throughout EMEA with Fujitsu business scanner models that include Kofax
VRS Professional.
“This promotion has been highly successful and exceeded our expectations, so we’re joining with Fujitsu to
extend and add value to the offer to meet ongoing customer demand,” said Alan Kerr, Executive Vice
President of Field Operations at Kofax. “This underscores how Kofax software enhances scanner functionality
and performance, which leads to increased productivity, reduced costs and improved profitability.”
www.kofax.com
Kofax - 10/20/2009
Kofax Announces Version 4.5 of Kofax Transformation Modules
Release Adds New Invoice Processing Capabilities and Enhanced Data Validation Functionality
Kofax plc, the leading provider of document driven business process automation solutions, today announced
a new release of Kofax Transformation Modules, which intelligently automates the classification, sorting and
separation of paper and electronic documents, and then extracts and validates the accuracy of the information
they contain. Version 4.5 offers new invoice processing features and enhanced data validation capabilities in
a single unified platform that increase ease of use and application flexibility.
“Kofax Transformation Modules 4.5 reflects our ongoing commitment to invest heavily in document driven
business process automation applications such as invoice processing,” said Jim Nicol, Executive Vice
President of Products at Kofax. “This release significantly strengthens our solution, enabling organizations
to process invoices more quickly, with increased accuracy and at lower costs. The new version is also
consistent with our strategic focus to provide customers access to the most robust document driven business
process automation solutions through one unified platform that are easy to deploy and use, even in the most
complex distributed environments.”
Invoice Processing Capabilities
Kofax Transformation Modules 4.5 include new features that simplify the process of identifying and extracting
invoice information such as supplier details and line item data such as unit price, total price, discounts and
applicable taxes. The new release features pre-built configurations for invoices from the U.S., U.K., Germany,
France and Spain and improved support for organizations operating in multi-language environments. This
release also supports automatic matching with purchase orders, reducing the need for manual reviews and
accelerating approval processes, which significantly reduces invoice processing times and enables accounts
payable staff to focus on more complex exception handling tasks.
Data Validation Enhancements
Version 4.5 offers thin client validation and verification capabilities that eliminate the need for local site
software installations or downloads in distributed environments. This enables data validation tasks to be
more easily distributed over multiple remote locations and administered in a less costly manner.
www.kofax.com
Kofax - 9/24/2009
Kofax Announces Promotion that Bundles Kofax Express with Fujitsu
Business Scanners
Limited Time Offer Available Now Through September 2009
Kofax plc, the leading provider of document driven business process automation solutions, today announced
a limited time promotional bundle that packages Kofax Express at a 50 percent discount from its normal
suggested list price with Fujitsu business scanner models.
Available now through the end of September 2009, the promotion is being offered through Kofax’s
hardware distribution business throughout EMEA with Fujitsu business scanner models that already
Include Kofax VRS Professional.
“This promotion with Fujitsu demonstrates the power of Kofax software to extend the value of scanning
hardware through technology that enhances scanner functionality and performance,” said Alan Kerr,
Executive Vice President of Field Operations at Kofax. “The result is increased productivity that drives
down business costs and improves profitability.”
“Business customers demand reliable, high-speed scanning that quickly, accurately and efficiently captures,
corrects and distributes high-quality, readable digital images,” said Shoichiro Yoshioka, Vice President, Fujitsu
Europe Limited. “Our promotion with Kofax brings an even greater array of award-winning solutions to market
for our joint customers’ needs.”
www.kofax.com
Kofax - 9/1/2009
Kofax Announces a New Release and the Rebranding of its Enterprise
Level Document Exchange Server
Kofax Front Office Server 2.7 Offers Tight Integration with Kofax Capture and Transformation Modules and
Enhanced Collaboration Capabilities
Kofax plc, the leading provider of document driven business process automation solutions, today announced
a new release of its Document Exchange Server software which, with this release, is being rebranded as
Kofax Front Office Server 2.7.
Kofax Front Office Server 2.7 allows forms and documents to be captured at their point of origin in front
office environments via multi-function peripherals (MFPs), desktop scanners and fax machines. With this
release it offers tight integration with Kofax Capture and Transformation Modules, thereby leveraging the
robust capabilities of those products. As a result, organizations can now significantly improve the efficiency
of document centric operations, speed processing times, reduce costs and enhance customer service.
This release also includes new collaboration capabilities such as scan-to-email and scan-to-fax features,
which provide enhanced office automation improvements on a single platform.
"Kofax Front Office Server 2.7 utilizes the same enterprise level infrastructure as Kofax Capture and
Transformation Modules, which allows us to better serve our existing customers as well as an even larger
spectrum of the overall capture market," said Jim Nicol, Executive Vice President of Products at Kofax.
"The software lets organizations with complex, multi-user environments reduce costs and increase efficiency,
which leads to improved productivity and faster ROIs."
Kofax Front Office Server 2.7 is now available.
www.kofax.com
Kofax - 8/7/2009
Kofax Acquires 170 Systems
Transaction Positions the Company for Leadership in the Rapidly Growing Invoice Processing Market
Kofax plc, the leading provider of document driven business process automation solutions, today announced
it has acquired 170 Systems, Inc., a leading provider of financial process automation software, for
consideration of $32.9 million, net of cash held by the company. The transaction is consistent with Kofax’s
stated acquisition strategy and both management and the Board believe it should position the Company for
leadership in the rapidly growing invoice processing market.
170 Systems is privately held, venture capital funded company headquartered in Boston, MA and has
approximately 140 employees. The company's flagship product, the 170 MarkView® Financial Suite, is a
proven workflow solution for invoice processing and related accounts payable (A/P) functions that is fully
integrated and certified for use with both SAP’s and Oracle’s enterprise resource planning (ERP) software
and typically delivers a return on investment (ROI) of less than one year. This is complemented by 170
MarkView Advisor, a real time financial process performance management and cash flow optimization
software, and SupplierExpress, a hosted software application that streamlines supplier interaction and
enables timely, accurate payments. The company's customers include Bank of Montreal, BT, ConAgra,
France Telecom, Juniper Networks, Reader's Digest, Sandia National Laboratories, Select Medical,
Thomson Reuters, University of Pennsylvania, Verizon Wireless and over 150 other companies.
Commenting on the acquisition, Reynolds C. Bish, Chief Executive Officer of Kofax, said: “This acquisition is
in line with our strategy of augmenting our organic growth with the acquisition of synergistic technologies or
complementary companies that increase our competitive advantage or expand our market reach. In this
specific case it addresses a significant competitive disadvantage we’ve publicly acknowledged and
discussed in some detail over the past year, and should therefore allow us to better pursue our revenue
growth strategies.”
He continued: “Our continuing profitability and strong balance sheet allowed us to effect this transaction from
a position of strength. As a result, we’re able to maintain a comfortable cash position and our $16 million
working capital line of credit remains available through September of 2011. Furthermore, excluding non cash
charges, we expect this acquisition to be earnings neutral this financial year and accretive in subsequent
periods.”
By acquiring 170 Systems Kofax has achieved the ability to deliver a complete invoice processing solution that
incorporates paper as well as electronic invoice capture and A/P workflow capabilities. Kofax’s management
and Board believe this should allow Kofax to gain a larger share of the invoice processing market which,
according to Paystream Advisors, is forecasted to grow from $1.1 billion in 2008 to over $1.8 billion in 2012
at an 18.3% compound annual growth rate (CAGR).
Kofax should realize additional revenue growth opportunities by pursuing the following selling strategies:
Less than 20% of 170 Systems’ customers currently utilize capture software. Kofax’s capture software is
already integrated with the 170 MarkView® Financial Suite and Kofax intends to market its capture
software to those companies.
According to Paystream Advisors electronic invoice processing is forecasted to be the fastest growing
segment of the invoice processing market, growing at a 27.0% CAGR, and most of 170 Systems’ customers
do not yet utilize electronic invoice processing software. Kofax’s electronic invoice processing software is
already integrated with the 170 MarkView® Financial Suite and Kofax intends to also market this software
to those companies.
Most Kofax customers do not have an invoice processing solution and the few that do utilize older or
proprietary solutions. Kofax intends to market 170 Systems’ software and solutions to those companies.
Most of 170’s Systems’ sales resources and customers are located in the United States. Kofax intends to
market 170 Systems’ software on a global basis through its hybrid go-to-market strategy, which supports
both direct customer engagements and indirect sales through over 1,000 channel partners in more than
30 countries.
The 170 MarkView® Financial Suite is a proven workflow solution for A/P functions that can also serve as a
flexible platform for automating other financial processes, such as “Quote-to-Cash” or Accounts Receivable
(A/R) functions and other departmental activities within large companies. Kofax intends to develop and
market additional solutions to further expand its market reach.
170 Systems’ audited financial statements for the year ended December 31, 2008 reported revenues of $28.1
million, a net loss from operations of $2.6 million and gross assets of $20.9 million. During the latter part of 2008
the company restructured its operations with the goal of approximately breaking even on the same level of
revenues during 2009 and, on an unaudited basis and excluding expenses relating to this transaction, the
company achieved that objective during the first six months of 2009. Kofax expects to effect additional
cost savings made possible by its acquisition of the company between now and December 31, 2009.
To acquire 170 Systems, Kofax paid total consideration of $43.0 million or net consideration of $32.9 million
after deducting $10.1 million of cash held by the company. Of the total consideration $29.7 million was in
cash, $9.0 million was in the form of a note payable due on September 4, 2010, bearing interest at the rate
of five percent per annum and guaranteed by Kofax’s bank and $4.3 million in the form of a hold back, with
$2.3 million to be released on September 4, 2010 and the remainder on September 4, 2011, subject to
certain indemnification terms and conditions.
www.kofax.com
Kofax - 6/30/2009
Kofax Named Global Leader in Production Fax Market
Davidson Consulting Recognizes Kofax's Nearly 30 Percent Market Share
Kofax plc (LSE: KFX), the leading provider of Intelligent Capture & Exchange solutions, today announced it
has been recognized as the global leader in the production fax market by Davidson Consulting, a market
research and consulting firm that is considered to be the leading authority on the production fax industry. In
its recent report titled "Computer-Based Fax Markets Report 2008-2013" by Peter Davidson, the firm's lead
analyst, positioned Kofax as the leading production fax vendor with nearly a 30 percent market share.
"Kofax presents a very comprehensive offering for organizations looking to streamline and reduce operating
costs with regard to automating document-driven business processes," noted Davidson. "Headed into 2010,
Kofax is well positioned with its products and solutions to support the growth opportunities in the market,
which include production fax, inbound and outbound communications, and document routing, workflow and
archive for compliance purposes."
Kofax Communication Server 8.1 was highlighted for its ability to ensure the reliable receipt, exchange and
output of business critical information between applications, devices and people. The product is also
credited for being able to handle virtually any communications format — including e-mails, faxes, voice mails,
SMS, MMS, Telex and others — and enabling data to be converted from one format to another, with each
message to be optionally archived for compliance purposes.
"This report validates that we're delivering the most efficient and effective communications products for
automating and accelerating business processes," said Jim Nicol, Executive Vice President of Products at
Kofax. "One of our key advantages is that our communication products can interface with a customer's
existing systems without requiring additional infrastructure investments. As a result, the total cost of
ownership can be significantly reduced while substantially improving system capabilities and performance."
www.kofax.com
Kofax - 6/16/2009
Kofax Launches New "Kofax Desktop" Software
Entry-Level Desktop Scanning Software Makes Scanning as Easy as Printing
Kofax plc, the leading provider of Intelligent Capture & Exchange solutions, today announced the launch of
Kofax Desktop, new, entry-level desktop scanning software that makes scanning a document as easy as
printing by seamlessly embedding such capabilities within Microsoft Office 2007 applications. The software
significantly increases scanning access, efficiency and productivity and extends Kofax's software offerings
to personal productivity and collaboration applications.
“With the introduction of Kofax Desktop software, we now have broader access to the capture market
and can provide a range of products to address desktop to enterprise needs,” said Jim Nicol, Executive
Vice President of Products at Kofax. “Kofax Desktop provides powerful scan options within Word, Excel,
PowerPoint and Outlook or for scanning into SharePoint applications that many workers and individuals
use every day. It eliminates the need for separately launched programs and time-consuming
back-and-forth program switching, making image scanning as simple, convenient and efficient as printing
a document.”
Simple to install and easy to use, Kofax Desktop brings the power of Kofax capture technology to users who
want to store digital images of paper documents or a simple method to scan attachments into email
messages. Embedded seamlessly within Microsoft Office 2007 applications, the software offers easy access
to TWAIN-based scanners through a drop-down menu bar. The software also features right-click scanning
from Windows Explorer or the Desktop, thus allowing users to scan, automatically convert a document
into a PDF file format and then save or email the image without having to open multiple applications.
Scanned images can also be tabbed within Excel spreadsheets or embedded within Word documents
and PowerPoint presentations for easy reference or access.
Kofax Desktop also enables Scan-to-SharePoint capabilities through SharePoint Server 2007, thus allowing
users to scan images directly into an existing document library folder or create new folders quickly and simply.
Additionally, the software provides the ability to add a hyperlink within a Microsoft Outlook 2007 email
message to a scanned document, thus making image access convenient, easy and efficient.
Kofax Desktop is now available in a free trial version as a download at http://www.kofax.com/. The software
can subsequently be licensed for $29.00 (U.S.).
www.kofax.com
Kofax - 6/9/2009
Kofax Announces Agreement to Bundle its VirtualReScan (VRS)
Professional with HP’s Scanjet 7000 Scanner
Software Enhances Scanning Productivity, Data Accuracy and Image Enhancement Capabilities
Kofax plc, the leading provider of Intelligent Capture & Exchange solutions, today announced an
agreement to bundle its VRS Professional software, the world’s most advanced document imaging
enhancement technology, with HP’s Scanjet 7000 Sheet-feed Scanner.
VRS Professional provides innovative scanning and image enhancement capabilities for scanners
that improve the quality and accuracy of electronically-captured images and data, enabling faster
processing, fewer data errors and increased productivity for organizations in paper-intensive business
environments. The Kofax software upgrades legacy VRS technology previously bundled with the
HP Scanjet 7000 Sheet-feed Scanner.
“This agreement demonstrates the power of Kofax software to extend the value of scanning hardware
by providing image enhancement technology that increases scanner productivity, enabling end-users to
improve efficiency and reduce operating costs,” said Jim Vickers, Senior Vice President of OEM &
Partner Strategy at Kofax.
“Business customers demand reliable, high-speed scanning that quickly, accurately and efficiently captures,
corrects and distributes high-quality, readable digital images,” said Shelly Lehmeier, director, value enterprise
products – capture at HP. “Kofax’s VRS Professional software helps reduce time-consuming manual
processing and corrections, making the solution a natural fit for select HP scanners.”
VRS 4.2 Professional will be shipped with the HP Scanjet 7000 Sheet-feed Scanner beginning in Fall 2009.
Customers who have already purchased the scanner or do so before shipments begin may upgrade
to VRS Professional at any time for no additional charge by going to www.kofax.com or www.hp.com.
www.kofax.com
Kofax - 5/13/2009
Kofax Launches Kofax Monitor
Module Provides Real-Time, Enterprise-Level Monitoring and Metrics to Better Optimize the Performance of
Kofax Software Products & Solutions
Kofax plc, the leading provider of Intelligent Capture & Exchange solutions, today announced the launch of
Kofax Monitor, a module that provides real-time, enterprise-level monitoring and metrics to better optimize the
performance of Kofax software products and solutions, providing greater cost savings, increased efficiencies
and faster return-on-investment (ROI).
“Kofax Monitor adds considerable value to our capture products and solutions by reducing the amount of
staff and resources required to manually administer and care for vital enterprise business operations,” said
Jim Nicol, Executive Vice President of Products at Kofax. “The application automatically recognizes and
reacts to capture exceptions on a real-time basis. This enables users to effectively and efficiently monitor
capture operations and performance, meet service-level agreements and lower IT costs associated with
identifying and resolving system problems.”
Operating through an easy-to-use dashboard and intuitive graphics, Kofax Monitor examines system
components, assesses service viability and provides real-time access to operational information via Windows
or standard mobile device browsers. This enables users to demonstrate and ensure compliance with
service-level agreements as well as benchmark performance over time. Remote access capabilities allow
an organization to immediately and efficiently address system needs, resulting in less costly maintenance,
decreased down-time and better overall performance.
Key application features include “detect-and-notify” capabilities that immediately isolate a system error and
alert assigned personnel about the problem, transforming the process of troubleshooting into a proactive,
highly-focused resolution process that reduces IT maintenance costs and system down-time. Alert notifications
can be configured and sent to designated staff via email, pager, SMS, RSS, SNMP or other electronic
formats as preferred.
Kofax Monitor also offers “detect-and-correct” functionality that automatically resolves common error
conditions – such as a “hung” server – by rebooting or restarting a system, application or process. This
cost-saving automation significantly improves reliability, which is especially vital for capture environments
requiring high system availability.
www.kofax.com
Kofax - 3/25/2009
Kofax Announces Version 4.0 of Kofax Transformation Modules, Strengthening Its Position in the
Transactional Capture Market Segment
New Release Combines Powerful Transformation Technologies into a Single Offering to Provide More
Robust Solutions that are Easier to Deploy and Maintain
IRVINE, Calif.--(BUSINESS WIRE)-- Kofax plc (LSE: KFX), the leading provider of Intelligent Capture &
Exchange solutions, today announced a new release of Kofax Transformation Modules, which intelligently
automate the classification, sorting and separation of paper and electronic documents, and then extract and
validate the accuracy of the information they contain. Combining all Kofax transformation technologies into
one platform, Version 4.0 offers new features and enhancements that significantly increase ease-of-use and
application flexibility.
“Kofax Transformation Modules 4.0 reflects our continuing commitment to further strengthen our transactional
capture solutions,” said Jim Nicol, Executive Vice President of Products at Kofax. “We continue to invest
heavily in document classification and extraction to ensure that our customers have access to the best,
most advanced technology available in the market today.”
“This new release is consistent with that goal,” he added. “In this challenging economy, organizations are
refocusing their investments on solutions that generate a rapid and demonstrated return-on-investment. Kofax
Transformation Modules 4.0 effectively addresses this need.”
One Platform for All Document Types
Version 4.0 fully integrates Kofax’s Xtrata Pro and INDICIUS technologies into a single, unified platform with
added and improved capabilities. The most complete and versatile document classification and data
extraction offering on the market today, Kofax Transformation Modules 4.0 provides one platform to process
structured and unstructured forms and documents of any type. This results in greater cost savings,
accelerated deployments and less costly maintenance as well as provides more cost-effective applications
with shorter ROIs. Xtrata Pro and INDICIUS will remain an important part of Kofax’s offerings going forward
and the company will continue to maintain both products.
Enhanced Ease-of-Use
A key benefit of Kofax Transformation Modules 4.0 is “learn-by-example” technology that automates the
classification and extraction of information from any form or document type. By feeding sample forms or
documents into the system, customers can “train” the software to recognize the form or document type and
the specific location of business critical information contained therein. This also results in greater cost savings,
accelerated deployments and less costly maintenance and provides more cost-effective applications with
shorter ROIs.
Application Flexibility
Version 4.0 also features several new modules that enhance application flexibility and increase productivity.
For instance, “Document Review” enables users to verify the results of data classification and separation prior
to extraction to increase extraction rates and overall throughput rates, and an enhanced “Verification”
capability allows data to be double-checked after validation, thereby increasing data accuracy while reducing
downstream processing exceptions and delays.
Kofax Transformation Modules 4.0 is now available.
www.kofax.com
Kofax - 3/24/2009
Kofax Provides One of World’s Largest Communications Companies
with an Invoice Automation Solution
System Will Capture and Classify More Than 8 Million Invoices and Expense Reports Annually
IRVINE, Calif.--(BUSINESS WIRE)-- Kofax plc (LSE:KFX), the leading provider of Intelligent Capture &
Exchange solutions, today announced it will provide one of the world’s largest providers of cable,
entertainment and communications products serving millions of cable, high-speed Internet and digital
telephone customers with an enterprise-level automated invoice and expense report processing solution.
The company will use the solution to capture and exact data from more than 8 million invoices and expense
reports annually and export the information into an Oracle Financials-based application. As a result, the
organization will be able to automate manual, labor-intensive paper-based business processes, reduce
costs and improve their operational efficiency. It will further ensure that extracted information from paper
documents is accurate and valid before it is used, resulting in fewer exceptions, improved data quality and
faster processing times.
“Large organizations with manual invoice and expense report processing are seeking ways to automate these
paper-intensive tasks to reduce costs, save time and improve operational efficiency,” said Alan Kerr,
Executive Vice President of Field Operations at Kofax. “This sale demonstrates the power and value of
Kofax solutions to transform a cumbersome, paper-based process into an automated system that is fast,
efficient, accurate and cost-effective.”
The customer will be implementing a full complement of Kofax software. This includes:
Kofax Capture, the world’s leading information capture platform, which automates data capture from scanned
paper or imported electronic documents and offers enterprise-class features such as high availability and
disaster recovery for mission-critical implementations; and Kofax Transformation Modules, which intelligently
automate the classification, sorting and separation of paper and electronic documents, and then extracts
and validates the accuracy of the information they contain.
www.kofax.com
Kofax - 2/10/2009
Kofax Unveils New Release of its Document Exchange Server Software
Version 2.0 Offers Enhanced Ease-of-Use and Enterprise-Wide Deployment Capabilities
IRVINE, Calif., February 10, 2009 – Kofax plc (LSE: KFX), the leading provider of Intelligent
Capture & Exchange solutions, today announced a new release of Kofax Document Exchange Server, an
enterprise-ready solution that simplifies and accelerates document-driven business process automation by
extending back-office capture to front-office environments.
Kofax Document Exchange Server enables an organization's customer-facing employees to capture
documents in the front office, where they originate, via multi-function peripherals (MFPs), desktop scanners
and fax machines. As a result, organizations can improve the efficiency of document-centric business
processes, speed processing times, reduce operating costs and enhance customer service.
Kofax Document Exchange Server 2.0 includes new features that significantly enhance ease-of-use,
ease-of-administration and performance. Among these are user interface enhancements that streamline
functionality and improve accuracy as documents are processed as well as support for multiple languages.
Administration improvements include support for LDAP and Active Directory to ease configuration and
improve security. For organizations that utilize WebLogic application servers and Oracle 10g database
software, the release offers greater availability and scalability.
Along with these enhancements, the new software offers the ability to use TWAIN-based document scanners
and includes a Web Services SDK to facilitate customized connections from other input sources.
“Kofax Document Exchange Server empowers front-office staff to easily initiate document-driven processes at
a desktop scanner or MFP,” said Jim Nicol, Executive Vice President of Products at Kofax. “This results in better,
faster, less costly and more accurate document processing and allows employees to focus more time on
vital customer-facing activities.”
Ideal for large organizations in document-intensive industries such as financial services, insurance, government
and healthcare, Kofax Document Exchange Server is already being deployed at a number of customer sites.
These include, for example, Dexia Insurance, one of the top five insurers in Belgium, which has implemented
the software to automate the processing of insurance documents originating at more than 325 different
branch locations.
“Dexia is successfully leveraging Document Exchange Server technology as part of its overall capture platform
to better serve customers and gain competitive advantage,” Nicol said. “The company is a perfect example
of how the solution works well for transaction-intensive businesses with complex distributed environments.”
Kofax Document Exchange Server leverages other Kofax software products to offer a robust, flexible and
versatile solution for front-office capture from paper, fax or electronic document formats. Kofax Document
Exchange Server 2.0 is now available.
www.kofax.com
Kofax - 12/9/2008
Kofax Announces the Newest Release of its Enterprise-Level Business
Communication Server and Fax-Over-IP (FoIP) Software
Basingstoke, December 9, 2008 – Kofax plc (LSE: KFX), the leading provider of Intelligent Capture &
Exchange solutions, today announced the release of Kofax Communication Server 8.1 and Kofax
Communication Server – FoIP 3.0, a set of products that can route all electronically-captured inbound and
outbound information across large distributed environments.
Kofax Communication Server 8.1 ensures the reliable receipt, exchange and output of business-critical
information between applications, devices and people. Able to handle virtually any communications format
(e-mail, fax, voice mail, SMS, MMS, Telex and others), the product also enables data to be converted from
one format to another, and each message to be optionally archived for compliance purposes. The software is
compatible with numerous applications from SAP, Microsoft, IBM and other independent software vendor (ISV)
products, and can be easily configured as a secure, high-volume enterprise fax server.
With the release of Kofax Communication Server 8.1, the company is also introducing a new version of its
FoIP software which improves business communications efficiency by leveraging VoIP infrastructure to offer
all the advantages of a highly reliable fax solution while requiring no additional hardware or dedicated phone
lines and fewer servers to operate.
FoIP 3.0 works in conjunction with Kofax Communication Server 8.1, enabling organizations to retain the
major benefits of faxes – universal standardization, transmission security, file format-insensitive – in a reliable,
cost-effective end-to-end solution for transmitting documents in real-time. Simple to deploy and easy to use,
the solution features superior diagnostic mechanisms for easier set-up and administration as well as error and
discrepancy identification and resolution.
Able to seamlessly integrate into most existing network infrastructures, Kofax Communication Server 8.1
increases overall system performance and features several new benefits vital for high-end business
communication applications at an enterprise level. This includes 50% more message throughput without the
need for hardware upgrades. In addition to FoIP functionality, the server offers extended Web-based access
and administration, expanded network document printing capabilities and support for advanced capture and
workflow applications.
“Kofax Communication Server 8.1 and FoIP 3.0 provide enterprise organizations with a central, single-source
information exchange solution that can be easily and cost-effectively integrated into even the most
heterogeneous distributed network,” said Jim Nicol, Executive Vice President of Products for Kofax. “The
solution delivers the most stable and efficient communications product for automating and accelerating business
processes, and can virtually plug into a customer's existing systems without requiring additional infrastructure
investments. So total cost of ownership can be significantly reduced, all while substantially improving system
capabilities and performance.”
Kofax Communication Server 8.1 offers advanced capabilities – such as enhanced Web-Client and compliance
verifications, and automated device re-routing to alternative addresses for printing documents via network
printers and multifunction peripheral (MFP) devices. The product supports new generation environments
such as SAP 7 integration via SMTP, various IP environments like Cisco Unified Communications Manager
(Call Manager) 6, Windows Server 2008 and others.
www.kofax.com
Kofax - 10/22/2008
Kofax Unveils New Electronic Invoice Processing Solution
Kofax e-Transactions Enables the Best of Both Worlds to Manage Paper and Electronic Invoices
Basingstoke, October 22, 2008 – Kofax plc (LSE: KFX), the leading provider of Intelligent Capture & Exchange
solutions, today announced the launch of Kofax e-Transactions, which adds electronic invoice processing
capabilities to Kofax solutions and thereby enables organizations to process all incoming invoices – whether
they arrive in electronic or paper form. Easy-to-use and deploy, e-Transactions integrates seamlessly with
Kofax Capture and Transformation Modules to offer the world’s most advanced solutions to automate invoice
processing in accounts payable departments.
Providing a simple and efficient way to reduce time-consuming and costly manual paper-processing, Kofax
e-Transactions captures and encrypts print files or imported data in standard text, image and extensible markup
language (XML) file formats. The resulting electronic information is then collected and delivered to Kofax
Transformation Modules for classification, data extraction and data perfection.
The software eliminates the need to print, mail, receive and process paper-based invoices and other
documents, thereby significantly reducing otherwise manual labor processes and costs, improving the
accuracy of the related data and accelerating processing times. This enables better accounts payable
management to ensure that all application terms, conditions and discounts are fully utilized.
“The global market for electronic invoicing continues to expand as organizations seek to improve efficiency and
lower costs, and Kofax continues to lead the way with the most comprehensive capture solutions to meet this
demand,” said Andrew Pery, Chief Marketing Officer at Kofax. “Kofax e-Transactions delivers practical solutions
that meet the needs of our customers to support the processing of both paper and electronic invoices. This is
done within the same powerful document capture environment that delivers process-ready data to a wide range
of back-end accounts payable workflow systems.”
Kofax e-Transactions is already being successfully deployed at several early adopters. One example is
Oakwood Worldwide, a leading global corporate housing and serviced apartment provider, which has
integrated the new technology as part of its existing Kofax invoice processing solution.
“Kofax e-Transactions takes our existing Kofax solution and makes it even better,” said Brad Niemiec, Director,
Centralized Accounts Payable for Oakwood Worldwide. Since 2007, the company has employed Kofax
Capture and Transformation Modules to automate the processing of thousands paper based invoices each
month.
“This solution allows us to integrate strategic suppliers directly into our accounts payable process, which
helps us realize additional savings from lower transaction costs, reduced exception handling due to lost
invoices and data entry errors, and other benefits,” Niemiec added.
Kofax e-Transactions utilizes software technology obtained earlier this month as a result of Kofax’s acquisition
of OptiInvoice, a Scandinavian company that develops and markets electronic invoice processing software.
www.kofax.com
Kofax - 10/7/2008
Kofax Extends Global Leadership in the Capture Market with Unveiling
of New Batch Scanning Software
Kofax Express Offers an Easy-to-Use Scan-to-Archive Solution for Batch Scanning Applications
Kofax plc (LSE: KFX), the leading provider of Intelligent Capture & Exchange solutions, today announced the
launch of Kofax Express, a state-of-the-art, all-in-one application for batch scanning applications. Extending
Kofax’s global leadership in the capture market, Kofax Express offers the world’s most advanced
scan-to-archive application that is fast, easy-to-use and provides basic document capture capabilities.
Built on the Microsoft Office 2007 user experience, Kofax Express provides basic scanning and indexing
functionality, including features such as real-time image viewing, automatic indexing with bar codes, “key
from image” data entry capabilities, JPEG, TIFF and PDF output formats and flexible release scripts to
Microsoft’s SharePoint and other repositories. The application also includes Kofax’s VirtualReScan (VRS),
the de facto standard that dramatically improves image quality, making even damaged or otherwise
difficult-to-view documents readable.
Kofax Express provides a highly practical tool for small- and medium-sized organizations to reduce the amount
of paper they need to manage, thereby enhancing productivity and significantly lowering operating costs.
Unlike Kofax Capture, the market-leading capture application software, which provides high-volume,
production-level batch scanning capabilities, Kofax Express is designed for single user, single scanner and
basic batch scanning needs typically required by small- and medium-sized businesses.
“Kofax Express is evidence of our ongoing commitment to serve the entire spectrum of the capture market,
from basic scan-to-archive to the most advanced enterprise-level solutions,” said Andrew Pery, Chief
Marketing Officer at Kofax. “With Kofax Express, we are even better positioned to further strengthen our
market leadership in the fast-growing capture industry.”
The batch capture segment is expected to grow at an annual rate of 15 percent during the next several years,
reaching nearly $700 million of annual worldwide license and services revenue by 2011 according to a
recently released report published by Harvey Spencer Associates, Inc., an independent analysis and
research company.
www.kofax.com
Kofax - 10/6/2008
Kofax Acquires Optilnovice Digital Technology AB
Transaction Adds Electronic Invoice Processing Software to Kofax Solutions
Basingstoke, October 6, 2008 – Kofax plc (LSE: KFX), the leading provider of Intelligent Capture & Exchange
solutions, today announced that it has acquired the shares of OptiInvoice Digital Technology AB (“OptiInvoice”),
a Scandinavian company that develops and markets electronic invoice and other document processing software.
Headquartered in Stockholm, Sweden, OptiInvoice provides software that allows electronic invoices and
other documents to be digitally encrypted and transmitted or submitted via e-mail and other data streams in
standard text, image and extensible markup language (XML) file formats. It then allows the recipient to
accept and process those same files.
The software eliminates the need to print, mail, receive and process paper-based invoices and other
documents, thereby significantly reducing otherwise manual labor processes and costs, improving the
accuracy of the related data and accelerating processing times. This enables better accounts payable
management to ensure that all application terms, conditions and discounts are fully utilized.
The majority of invoices and other documents continue to originate in a paper format but many companies and
government agencies are gradually migrating to electronic formats to improve efficiency and lower costs. As
a result, the adoption of electronic invoice and other document processing software is accelerating and users
are in need of a capture solution capable of accommodating both paper and electronic formats.
The combination of the OptiInvoice software with existing Kofax Capture and Transformation Modules
software addresses these market requirements. The OptiInvoice and Kofax software products have been
successfully integrated, and the integrated solution will be released during the current calendar quarter.
“This acquisition is a natural extension of our intention to grow both organically as well as through the
acquisition of synergistic software companies and products,” said Reynolds C. Bish, Chief Executive Officer at
Kofax. “It also begins to level the competitive landscape in the invoice processing segment of the capture
market, where we previously needed to partner with a third party to provide these capabilities while our most
direct competitor could already offer a complete solution. This should enable us to accelerate our revenue
growth in this important and rapidly-growing segment of the capture market.”
Kofax has paid 2.00 million Euros (£1.57 million) in cash upon the closing of the acquisition, a portion of
which will be held in escrow for a period of time. Further conditional payments estimated to be in the range of
1.31 million Euros up to a maximum of 10.00 million Euros (£1.03 to £7.84 million) may be made during the
ensuing 4 years subject to the achievement of certain performance criteria and the retention of certain
employees. The acquisition is expected to be EBITA neutral in the current financial year and accretive
thereafter. OptiInvoice broke even in the year ended December 31, 2007, and at December 31, 2007
reported gross assets of £205,479.
www.kofax.com
Kofax - 10/6/2008
Kofax Acquires OptiInvoice Digital Technology AB Transaction Adds
Electronic Invoice Processing Software
BASINGSTOKE, England--(BUSINESS WIRE)-- Kofax plc (LSE:KFX), the leading provider of Intelligent
Capture & Exchange solutions, today announced that it has acquired the shares of OptiInvoice Digital
Technology AB (“OptiInvoice”), a Scandinavian company that develops and markets electronic invoice
and other document processing software.
Headquartered in Stockholm, Sweden, OptiInvoice provides software that allows electronic invoices and
other documents to be digitally encrypted and transmitted or submitted via e-mail and other data streams in
standard text, image and extensible markup language (XML) file formats. It then allows the recipient to
accept and process those same files.
The software eliminates the need to print, mail, receive and process paper-based invoices and other
documents, thereby significantly reducing otherwise manual labor processes and costs, improving the
accuracy of the related data and accelerating processing times. This enables better accounts payable
management to ensure that all application terms, conditions and discounts are fully utilized.
The majority of invoices and other documents continue to originate in a paper format but many companies and
government agencies are gradually migrating to electronic formats to improve efficiency and lower costs. As a
result, the adoption of electronic invoice and other document processing software is accelerating and users
are in need of a capture solution capable of accommodating both paper and electronic formats.
The combination of the OptiInvoice software with existing Kofax Capture and Transformation Modules
software addresses these market requirements. The OptiInvoice and Kofax software products have been
successfully integrated, and the integrated solution will be released during the current calendar quarter.
“This acquisition is a natural extension of our intention to grow both organically as well as through the
acquisition of synergistic software companies and products,” said Reynolds C. Bish, Chief Executive Officer
at Kofax. “It also begins to level the competitive landscape in the invoice processing segment of the capture
market, where we previously needed to partner with a third party to provide these capabilities while our
most direct competitor could already offer a complete solution. This should enable us to accelerate our
revenue growth in this important and rapidly-growing segment of the capture market.”
Kofax has paid 2.00 million Euros (£1.57 million) in cash upon the closing of the acquisition, a portion of which
will be held in escrow for a period of time. Further conditional payments estimated to be in the range of 1.31
million Euros up to a maximum of 10.00 million Euros (£1.03 to £7.84 million) may be made during the ensuing
4 years subject to the achievement of certain performance criteria and the retention of certain employees.
The acquisition is expected to be EBITA neutral in the current financial year and accretive thereafter.
OptiInvoice broke even in the year ended December 31, 2007, and at December 31, 2007 reported gross
assets of £205,479.
www.kofax.com
Kofax - 9/2/2008
Kofax Announces Transform 2008 Events in the Americas and EMEA
Partner and User Conferences to be Held October 5-7 in Austin, Texas and October 22-23 in Athens, Greece
BASINGSTOKE, England--(BUSINESS WIRE)-- Kofax plc (LSE: KFX), the leading provider of Intelligent
Capture & Exchange solutions, today announced its Transform 2008 partner and user events will be held in
the Americas October 5-7 at the Barton Creek Resort & Spa in Austin, Texas and in EMEA October 22-23 at
the InterContinental Athenaeum in Athens, Greece. The conferences bring Kofax partners and users together
to learn new products, solutions and strategies, share best practices and network with Kofax executives.
The events are designed to provide participants with the information, training and insights needed to expand
Kofax’s market position and assist in achieving its strategic revenue growth initiatives. This year marks the first
time the Americas event is combined into a single conference location with attendees expected from the United
States, Canada and Latin America.
“The Transform 2008 events are ideal opportunities for Kofax to meet with its partners and users to share
mutual ideas about how to fully leverage the value of our solutions,” said Alan Kerr, Executive Vice President
of Field Operations for Kofax. “The global capture market is expanding and evolving, and Kofax continues to
be at the forefront. The conferences offer attendees an interactive forum for exchanging ideas, showcasing
successes and learning more about how to take advantage of the newest advances in capture technology.”
Both Transform events feature two full days of general and breakout sessions, which include partner and
customer presentations, networking opportunities and a partner technology showcase. Interested attendees
can find more details on the conference, registration and hotel accommodations by going to www.kofax.com.
www.kofax.com
Kofax - 7/22/2008
Kofax Announces New Release and Rebranding of Its Automated
Document Transformation Technology
Kofax Transformation Modules 3.5 Offers Industry’s Most Complete Solution for Automated Document
Classification and Data Extraction
Kofax plc (LSE: KFX), the leading provider of Intelligent Capture & Exchange solutions, today announced the
launch of Kofax Transformation Modules, a new suite of applications for Kofax Capture, the world’s leading
information capture platform. Uniting powerful technologies from the company’s Ascent Xtrata Pro and
INDICIUS products under one re-branded platform, Kofax Transformation Modules offers the world’s most
complete and versatile solution for automated document classification and data extraction.
Designed to streamline the transformation of documents into structured electronic information, Kofax
Transformation Modules automates the classification, sorting and separation of paper and electronic
documents, then extracts and validates the data they contain. The product integrates seamlessly with Kofax
Capture to provide transactional capture capabilities in a single, unified solution.
Kofax Transformation Modules 3.5 integrates new features that offer substantial improvements in document
automation and electronic processing performance as well as enhance ease-of-use. Among these are new
learn-by-example technologies for invoice extraction that require minimal training to implement and new data
validation functionality that increases productivity for even the most complex forms and documents.
“Large organizations are looking for enterprise-level solutions to not only capture but also transform documents
into actionable electronic data through a single-source platform that is easy to deploy and simple to maintain in
order to achieve lower total cost of ownership,” said Sameer Samat, Executive Vice President of Products at
Kofax. “Kofax Transformation Modules integrates with Kofax Capture to offer the market’s most advanced
capture solutions for automating the processing of forms, invoices, correspondence and other document types.”
By helping to eliminate manual processes, Kofax Transformation Modules enables organizations to enhance
productivity while significantly reducing operating costs. In addition, users benefit from improved data
processing speed, accuracy, capacity and security with sophisticated automation technology that captures,
validates and delivers captured information quickly, efficiently and reliably.
“Manual document processing is expensive, time-consuming and prone to error,” said Samat. “Kofax
Transformation Modules allows knowledge workers to focus their efforts on tasks that add value to the
company and for their customers.”
Leveraged through Kofax Capture, Kofax Transformation Modules 3.5 is compatible with the widest range of
document scanners, content and information management systems, workflow applications and databases.
The solution is also scalable as needed to evolving user requirements and can be upgraded for additional
volume or new features with no re-installation required.
Kofax Transformation Modules 3.5 combines with Kofax Capture to enable solutions based on the Kofax
Intelligent Capture & Exchange concept, the centerpiece of the company’s strategy to help organizations
streamline business processes.
Kofax Transformation Modules 3.5 is now available.
www.kofax.com
Kofax - 5/15/2008
Kofax Document Exchange Server Achieves Compatibility with Ricoh
Products
Kofax Solution Connects with Ricoh Multifunction Products (MFPs) to Streamline Business Processes at the
Enterprise Level
BASINGSTOKE, England--(BUSINESS WIRE)-- Kofax plc (LSE: KFX), the leading provider of Intelligent
Capture & Exchange solutions, today announced that Kofax Document Exchange Server has achieved
compatibility with multifunction products (MFPs) from Ricoh, a leading supplier of office automation equipment
and technology. This allows Kofax front-office capture solutions to connect with Ricoh MFPs to automate and
streamline document-driven business processes for enterprise-level deployments in large organizations.
Kofax attained compatibility through the Ricoh Developer Program, an extensive testing procedure that
ensures seamless integration of new or existing solutions with Ricoh hardware and software products. Kofax
Document Exchange Server now integrates with nearly all of Ricoh’s Embedded Software Architecture (ESA)
compatible MFPs, linking these devices to Kofax’s Capture and Transformation software as well as a variety of
enterprise content management and other repository systems.
Used in conjunction with MFPs, scanners, faxes and other devices, Kofax Document Exchange Server
simplifies business processes by capturing documents in the front office, where they originate, rather than
requiring that they be sent to a centralized back-office environment for processing. This accelerates that
processing and increases an organization’s competitive advantage by improving its responsiveness to
customers, thus providing a more strategic value proposition.
“Achieving compatibility with Ricoh further expands Kofax’s capabilities to provide the most advanced
Intelligent Capture & Exchange solutions for enterprise environments,” said Andrew Pery, Chief Marketing Officer
at Kofax. “Kofax Document Exchange Server reduces paper-intensive business practices by automating and
unifying communications from multiple field offices and on-site devices. Organizations benefit from significantly
streamlined business processes that are faster, more accurate, less costly and more responsive to their
customers.”
The integrated Kofax and Ricoh solution also provides users with the ability to initiate workflows directly from the
MFP, customize the MFP panel based on the most frequently performed activities, enforce internal records
retention policies and compliance requirements, and enhance document security.
“The combination of Ricoh MFPs and Kofax Document Exchange Server is the next step organizations can
take toward making their document-driven business processes better, faster and easier,” said Hede Nonaka,
Senior Vice President, Document Services and Solutions Division with Ricoh Americas Corporation. “The
integrated solution also provides a significant opportunity for us to work with almost any organization that is
seeking new and innovative ways to improve efficiency and service levels.”
www.kofax.com
Kofax - 3/28/2008
Kofax Awarded IBM Enterprise Content Management "ISV of the Year"
Kofax Earns Award for Advanced Document Recognition and Kofax Capture Technology
Basingstoke, 28 March 2008 – Kofax plc (LSE: KFX), a global leader of Intelligent Capture & Exchange
solutions, today announced IBM has named Kofax as its Enterprise Content Management (ECM) “Independent
Software Vendor (ISV) of the Year” for 2007. The award was presented during the ECM Partner Advisory
Summit held recently in Newport Beach, California.
An IBM business partner for more than 10 years, Kofax was recognised for its unique Advanced Document
Recognition (ADR) technology as well as Kofax Capture which is used with more than 3,300 IBM content
management customers. This innovative solution recognises structured and unstructured forms for automated
input into business processes, significantly increasing productivity and reducing operating costs.
“We’re honoured to receive this prestigious award as it reflects our industry-leading solutions and demonstrated
excellence for long-time partners such as IBM,” said Mike Giove, Senior Vice President, Americas Solutions
Sales and Global Technology Sales at Kofax. “Kofax continues to lead the way in delivering the most advanced
products and services for automating document-driven business processes more accurately, timely and cost-
efficiently. This award underscores our ability to form a powerful relationship with IBM and to offer exceptional
business value that end-users can rely on.”
Kofax solutions automate document-driven business processes by managing the transformation and exchange
of business-critical information arising in paper, fax and electronic formats in a more accurate, timely and cost-
effective manner. These solutions provide a verifiable return on investment to thousands of customers in financial
services, manufacturing, retail, government, healthcare and business process outsourcing.
www.kofax.com
Kofax - 8/22/2007
Leading Information Services Company Selects Kofax Intelligent Capture
& Exchange to Meet its Customers’ Growing Demands
Irvine, CA - August 22, 2007 - Kofax today announced that Information Manufacturing Corporation (IMC), a data
exploitation and information services company, has expanded its existing solution based on Kofax Intelligent
Capture & Exchange. The newly updated solution integrates Kofax’s advanced automatic document separation
technology to help meet the growing demands of its customer base in the government and commercial markets.
"We’ve seen increased demand from some of our larger customers one with more than 350,000-400,000 human
resources documents to be processed each month and identified a critical need for Kofax’s automatic document
separation technology to complement our existing Kofax deployment," said Mike Taylor, Program Manager,
Information Manufacturing Corporation. "Now, not only are we able to keep up with demand, but we have
done so without causing fluctuations in production staffing levels all while maximizing efficiency."
Headquartered in Rocket Center, West Virginia, IMC provides comprehensive services for the transformation of
data into accessible and useful information and knowledge for a wide range of commercial, state and Federal
customers.
IMC, a service bureau, had an existing Kofax solution as the foundation for its capture environment that would
allow it to capture electronic information and extract hand-written and machine-printed data sent by its customers,
and transform that data into readily accessible information. IMC recently worked with Kofax to expand this initial
installation to integrate Kofax Intelligent Capture & Exchange, including Kofax’s automatic document separation
technology, which allows IMC to capture and process its customers’ incoming information in a more resourceful
manner.
Kofax Intelligent Capture & Exchange is well suited to companies like IMC that deal with large volumes of
documents. With its document separation capabilities, it increases efficiencies by eliminating the need to insert
separator sheets and reducing costs in consumables associated with printing separator sheets, such as paper,
ink and toner. Additionally, this helps reduce the cost of human errors associated with manual document separation.
IMC uses its Kofax solution to process more than 350,000-400,000 incoming human resources documents per
month for one of its longest standing customers. One of the largest staffing and job placement service providers
in the United States has been expanding to several overseas markets - while simultaneously realizing cost
savings and increasing efficiencies thanks to the Kofax solution used by IMC.
Kofax Intelligent Capture & Exchange Exceeds Expectations
IMC evaluated several solutions, primarily optical character recognition (OCR), before choosing to upgrade the
Kofax Intelligent Capture & Exchange, the centerpiece of Kofax’s strategic initiative to enable organizations to
streamline business processes by capturing documents in the front office, where they originate and move them
in real time to transactional business processes. The company sought a solution that could recognize zones of
formatted pages in order to pluck out specific data to populate index fields. This would mean a drastically
reduced amount of manual processing.
"Kofax’s technology not only performed the required zone recognition, but it also provided the additional benefit
of being able to recognize and automatically separate different types of forms," added IMC’s Vice President of
Conversion Technologies, Chip Watkins. "Kofax has exceeded our expectations in regards to process automation.
As a result, the exposure and use of the solution has expanded internally and is being used for various projects."
"We are pleased to hear success stories such as IMC’s which demonstrate that Kofax Intelligent Capture &
Exchange is helping our partners to better serve their customers," said Rob Klatell, chief executive officer for
Kofax’s parent company, DICOM Group. "We are committed to continuing to deliver new innovations that help
organizations to streamline their capture environments and, as a result, improve key business processes."
www.kofax.com
Kofax - 4/18/2007
Kofax Unveils Simplified Branding Architecture that Underscores its
Integrated Product Offering
Irvine, CA - April 18, 2007 - Kofax, the world’s largest information capture vendor, today unveiled a simplified
product branding that consolidates the company’s diverse product portfolio into a consistent and unified
architecture that is expected to yield more benefits and greater value to its customers and partners around the
world.
"Our new product branding architecture brings a higher degree of clarity to everything we do for our partners
and customers," said Rob Klatell, chief executive officer of Kofax’s parent company, DICOM Group. "The
first step of this process was the introduction of our Kofax Intelligent Capture & Exchange strategy late last year.
Kofax Intelligent Capture & Exchange encompasses everything we offer; everything we are about as a company.
It was born out of insight into the challenges our customers face across a range of paper- and transaction-
intensive industries."
The company’s offering includes information capture and business communications, all now contained within
Kofax Intelligent Capture & Exchange. Motivated by a desire to optimize the value of those capabilities for its
global network of partners and customers, the company’s product branding anticipates emerging market
demands and customer expectations. The results of a thorough analysis of market indicators and customer
preferences show:
· The Kofax brand enjoys strong loyalty, based on reputation, market leadership and excellent products;
· There is a close association between internally developed Kofax-branded products and the company’s
acquired intelligent document recognition technologies and business communications lines;
· Customers believe integrated offerings that address transactional line-of-business solutions like procure-to-pay,
sales order processing, account openings, loan and credit card processing solutions will deliver incremental value;
and,
· There is heightened interest in extending traditional centralized back office batch capture to include
distributed, transactional front office information capture solutions.
"Increasingly, companies are seeking a broad solution that can help them capture information from a much richer
variety of sources including both paper and electronic documents and integrate that information into business-
critical workflows," said Melissa Webster, program director at IDC. "It's the end-to-end solution that provides the
real value from capture and intelligent routing through notification and alerts. Kofax's streamlined product
architecture and branding maps well to the solution footprint users are asking for."
According to Gartner, an independent industry research and advisory firm: "'Information infrastructure’ is emerging
as a concept that describes the alignment of technologies and functional capabilities that support consistent
and seamless enterprise information capture, persistence, transformation and delivery." Predicts 2007:
Information Infrastructure Emerges, 27 November 2006, Ted Friedman, Mark R. Gilbert, David Newman, Donald
Feinberg, Regina Casonato, Gartner, Inc.
The Kofax product branding initiative reflects the market trend toward consolidation of information capture
enabling technologies along the capture, transformation and communication value chain. The combination of
strategic product investments and a simplified product brand should further strengthen the company’s leadership
in the information capture market segment.
Kofax Intelligent Capture & Exchange serves as the foundation for the branding initiative. It takes in the
company’s diverse product portfolio and organizes it all under a simplified and modular brand architecture that
removes the complexity of certain product names and replaces them with a logical descriptive structure.
Capture and Exchange serve as the pillars of the organizing model. The Capture element includes all products
that enable customers to scan and process paper and electronic documents from multiple sources to intelligently
extract, analyze and transform information captured from such documents and move them to a business
application. The Exchange element includes all business communication technologies that provide a uniquely
differentiated offering through a multi-channel-based notification, confirmation, and alerting system that result in
significantly improved business relationships.
The new branding architecture also addresses the needs of market channels, including the certified re-seller,
solution providers, independent software vendors (ISVs) and original equipment manufacturers (OEMs) as well
as enterprise class customers. Kofax Intelligent Capture & Exchange will be configurable in three editions:
Workgroup, Enterprise and Developer.
This gives customers flexibility in how they opt to license components of Kofax Intelligent Capture & Exchange.
A customer may initially license capture functionality and then add additional scope such as exchange
functionality. In addition, a customer may extend the reach of its solution from a departmental to an enterprise
deployment.
www.kofax.com
Kofax - 11/13/2006
Kofax Announces Ascent Xtrata Pro
IRVINE, Calif. -- Kofax, the world's largest information capture vendor, today announced the availability of
Ascent® Xtrata Pro, a quick and easy- to-deploy solution that works in tandem with Ascent Capture to classify
and extract data from any document type. With the introduction of Ascent Xtrata Pro, the development and
deployment of information capture applications are greatly simplified. The new product is able to manage
structured and unstructured content from any type of document, transforming unpredictably-formatted content
into actionable information.
By hiding complex technology behind intuitive and easy-to-use graphical user interfaces on Ascent Xtrata Pro,
solutions can be developed by simply pointing and clicking a mouse. Further, Kofax's learn-by-example extraction
technology is leveraged by Ascent Xtrata Pro to minimize the need for scripting, templating or rules construction
to further simplify set-up and operation.
Prompted by customer demand, Ascent Xtrata Pro enhances the Ascent Platform by providing an ideal solution
for information capture applications of low-to-medium complexity where ease of deployment and configuration,
and low maintenance costs are key requirements.
“The release of Ascent Xtrata Pro further demonstrates our commitment to bring the most effective information
capture solutions to every market segment,” said Rob Klatell, chief executive officer of Kofax’s parent company,
DICOM Group. “Our ability to innovate is evidenced by Ascent Xtrata Pro where we have taken complex, very
robust technology and packaged it in a way that enables our partners to service new tiers of the market and
allows our customers to more effectively create and handle information capture applications.”
Designed With the User in Mind
Intuitive graphical user interfaces (GUIs) and simple drag-and-drop and point-and-click operations make task
configuration quick and easy. Wizards are also provided to further speed the building of projects. Both image
and content classification can be managed by Ascent Xtrata Pro. This means users can classify fixed layout
documents (forms) and variable layout/content- rich documents (correspondence).
Global Organizations Leverage Power of Ascent Xtrata Pro for Invoice Processing
Early adopters of Ascent Xtrata Pro include E.ON Westfalen Weser AG, one of Germany’s largest utilities, which
supplies 740,000 customers with electricity, natural gas and water. Ascent Xtrata Pro was installed as part of an
information capture system designed to speed the processing of more than 800 customer letters and 400
invoices that E.ON Westfalen Weser employees handle daily. In addition, the Carrefour Group, Europe’s largest
retailer and the world’s second largest retailer, uses Ascent Xtrata Pro to process tens of millions of invoices that
the company receives each year from its suppliers. Kofax will bring further value and appeal to Ascent Xtrata Pro
by offering pre-packaged application-specific solutions, the first of which will be for invoice processing. Ascent
Xtrata Pro is available as an add-on to the Ascent Platform.
www.kofax.com
Kofax - 5/31/2006
Kofax Takes Home Best of Show for Second Year in a Row
IRVINE, Calif., May 31, 2006 -- Kofax, the world's largest information capture vendor, today proudly announced
the company has won the Best of Show award for the second year in a row at this year's AIIM Conference and
Exposition. Winning this coveted award is Kofax's new Document Scan Server that allows organizations to
add scanning capabilitiesto any enterprise business application without the need for additional software or
disruption of their current business process.
In addition to receiving the prestigious AIIM Expo Best of Show Award, Kofax garnered two Business Solutions'
Channel Connection Awards and one finalist nomination in recognition of Kofax's Certified Solution
Providers (CSPs) at the AIIM Expo 2006 at the Pennsylvania Convention Center. Also at the AIIM show,
Kofax received one Integrated Solutions Award and one finalist nomination on behalf of its customers.
Lastly, Kofax was a finalist for the High-Tech Innovation award that recognizes outstanding local technology
companies and acknowledges individual contributions to the local high-tech business community. "We
have once again raised the bar at this year's AIIM Expo, and it is gratifying to know that the industry has
recognized our new Document Scan Server as an innovative product in the market," said Anthony Macciola,
vice president of product management at Kofax. "The Kofax Document Scan Server was created to address
the growing need for organizations to digitally capture documents at the point of entry into their business process.
The Best of Show award confirms the product's value proposition and welcomes its introduction into the market."
Award Details
AIIM Expo Best of Show (Document Imaging Category)
- The Kofax Document Scan Server was launched at AIIM this year and was given this award from AIIM
E-DOC Magazine that recognizes Enterprise Content Management (ECM) hardware and software technologies
on exhibit at the show that demonstrate exceptional capabilities and quality, and show evidence of significant
Return on Investment (ROI) potential. The Kofax Document Scan Server allows organizations to add scanning
capabilities to any enterprise business application without the need for additional software or disruption of their
current business process.
Business Solutions Channel Connection Award
- MTM International from Verona, WI won the Innovative Content Management Installation Award for its
implementation with Exelon Nuclear. (http://www.kofax.com/learning/casestudies/ascent_vrs_acis_case_
exelon.asp)
- Computing System Innovations from Orlando, FL won the Innovative Government Installation Award for it
installation into the Marion County Clerk of the Circuit Court. (http://www.kofax.com/news/press/2005-11-
16_marion_county.asp)
- ImageSource, Inc. (Olympia, WA) was runner up for the Innovative Banking/Finance Installation for its work
with First Interstate Bank. ( http://www.kofax.com/learning/casestudies/vrs_ascent_case_banking_first_
interstate.asp
Integrated Solutions Award
- The Marion County Clerk of the Circuit Court (Ocala, FL) earned the Innovative Compliance-Related Installation
Award for its integration into a custom redaction software application. (http://www.kofax.com/news/
press/2005-11-16_marion_county.asp)
- Exelon (Chicago, IL) was a finalist in the Innovative Enterprise Installation category for its work with EMC/
Documentum D5 content management platform (http://www.kofax.com/learning/casestudies/ascent_
vrs_acis_case_exelon.asp)
High-Tech Award (Innovative Product/Technology Category)
- The Kofax INDICIUS® 5.0 product (http://www.kofax.com/products/indicius/index.asp) was a finalist in this
local award. INDICIUS is a powerful suite of modules that provide advanced document classification, separation
and extraction capabilities, enabling the automated processing of more types of business documents.
www.kofax.com
Kofax - 5/4/2004
Kofax Signs Information Capture Agreement with Countrywide Financial
Corporation, Begins
IRVINE, Calif., May 4, 2004 -- Kofax, the world's largest information capture vendor, today announced that
Countrywide Financial Corporation (CFC), a diversified financial services provider and Fortune 500, Forbes
500 and S&P 500 member, has selected the company's information capture technology for an initial installation
with Countrywide Bank, a division of Treasury Bank, N.A., a CFC subsidiary and nationwide provider of certificates
of deposit, money market accounts and home-loan products. Kofax's Ascent platform is currently being deployed
to eventually help Countrywide electronically capture and process more than 700,000 documents per month,
accommodating a wide range of different document types.
For the initial installation, Ascent provides the front-end that captures a high volume of information from a wide
range of loan and refinancing documents. Ascent securely transfers that data into the Documentum Enterprise
Content Management platform, which includes digital asset management and records management. Documentum
is the leading provider of enterprise content management (ECM) and division of EMC Corporation.
"We are always looking for ways to reduce the amount of time it takes to perform post-closing functions, and
Kofax's technology enables us to accomplish this goal by speeding the processing of collateral documents
associated with the loan," said Paul Decoff, Managing Director and Chief Operations Officer for Countrywide Bank.
"While it is premature to discuss Kofax technology beyond this installation, we are encouraged by the ROI
that we expect to see at Countrywide, where our initial investment has the potential to payback in less than nine months."
According to Decoff, Kofax was selected because its technology delivered the best image quality and enhanced
readability for scanned documents, and will enable Countrywide to perform sophisticated processing of those
documents. In addition, during the trial demonstrations, Ascent offered the easiest interface, which minimized the
need for training and consultation time. "To meet our ultimate goal of streamlining operations and lowering costs,
we will need to quickly and efficiently learn how to operate the information capture technology, then bring the function
in-house to Countrywide," said Decoff. "Kofax's intuitive software will enable us to achieve this goal."
Another key factor in the selection of the Ascent platform is the integration with Documentum 5, the latest version
of the Documentum ECM platform. The financial content is entered into the Documentum system through Kofax's
information capture technology. Countrywide plans to use Documentum as the standard platform for creation,
management, delivery and archival of content across the entire enterprise.
"Countrywide chose the Documentum ECM platform because of its mainframe-level scalability and performance
and ease of integration with enterprise solutions such as Ascent," said John Magee, vice president of product
marketing for Documentum "We look forward to continuing and growing our relationship with Kofax through our
work with Countrywide and similar customers with equally demanding requirements."
The Ascent platform provides powerful production capture technology that enables organizations to collect large
volumes of forms and documents, transform them into useful, retrievable electronic information, then deliver it all
into a variety of workflow and document management systems. The software can also capture e-documents and
XML streams as well as enable front-end integration with enterprise applications.
"Working with Countrywide on this installation presents a terrific opportunity for Kofax, and we are very pleased
that our information-capture technology can have such a tangible impact on the operations of the banking
division," said Rick Murphy, president and CEO at Kofax. "Our Ascent platform is ideal for the types of high-volume
applications that Countrywide is experiencing, and the operational savings and increased speed of business is
already evident at within the Bank."
About Countrywide Financial Corporation
Founded in 1969, Countrywide Financial Corporation is a member of the S&P 500, Forbes 500 and Fortune 500.
Through its family of companies, Countrywide provides mortgage banking and diversified financial services in
domestic and international markets. Mortgage banking businesses include loan production and servicing principally
through Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells, and services primarily
prime-quality loans. Also included in Countrywide's mortgage banking segment is the LandSafe group of companies
that provide loan closing services. Diversified financial services encompass capital markets, banking, insurance,
and global, largely through the activities of Countrywide Capital Markets, a mortgage- related investment banker;
Countrywide Bank, a division of Treasury Bank, NA, a banking entity offering customers CDs, money market
accounts, and home loan products; Balboa Life & Casualty Group, whose companies are national providers of
property, liability, and life insurance; Balboa Reinsurance, a captive mortgage reinsurance company; Countrywide
Insurance Services, Inc., a national insurance agency offering home-related insurance products; and Global Home
Loans, a European mortgage banking joint venture in which Countrywide holds a majority interest. For more information
about the Company, visit Countrywide's website at www.countrywide.com.
About Kofax
Kofax Image Products, Inc. (www.kofax.com), a division of DICOM Group plc (LSE:DCM.L), is a leading developer
of application software and image-processing products for the Electronic Data Capture (EDC) market. According to
research by Strategy Partners, Kofax is the largest capture software vendor in the world. EDC is essential to helping
document-intensive organizations economically, reliably and securely collect, transform and deliver information from
all sources into their electronic business processes and archives.
Kofax, Ascent and Ascent Capture are registered trademarks of Kofax Image Products, Inc. All other trademarks
and registered trademarks belong to their respective owners.
www.kofax.com
Kofax - 9/23/2003
KOFAX VRS SOFTWARE INTEGRATED ACROSS ENTIRE FUJITSU
ENTERPRISE SCANNER FAMILY
IRVINE, Calif., Sept. 23, 2003 -- Kofax, the world's largest information capture vendor, today announced that
Fujitsu Computer Products of America, Inc. is the first imaging company to integrate Kofax VirtualReScan (VRS)
software across its entire enterprise scanner family.
After years of successfully integrating joint document imaging solutions, Kofax and Fujitsu will cooperatively deliver
the latest version of VRS, Kofax's automated document image-perfecting software, across all levels of Fujitsu's "fi"
series of scanners.
Fujitsu was the first vendor to offer Kofax VRS technology with its scanners and has since significantly deepened
its partnership with the company. Now, Fujitsu will be the first vendor to offer VRS and Kofax Adrenaline 650i
SCSI scanner connector boards with their scanning solutions in the workgroup, departmental, low-volume production
and mid-volume production scanner categories.
Kofax's award-winning, patented, VRS technology sets the standard for document image processing and scanning
productivity enabling customers to achieve high-quality document capture more efficiently and at lower cost.
"Our alliance with Fujitsu underscores our philosophy of providing the best document imaging solutions to our
users and the channel," said Doug Rudolph, vice president of global sales for Kofax. "Kofax scanning technology
has long been widely embraced by the imaging community. This integration with Fujitsu's entire fi product line will
deliver exponential value to our joint customers."
Fujitsu's first scanner to integrate VRS and the Adrenaline 650i will be the fi-4860C, available in October. VRS
field upgrade kits are available now for Fujitsu scanner models fi-4120C, fi-4220C, fi-4990C and fi-4860C.
"Fujitsu has, since the beginning, recognized the enormous capabilities that Kofax's VRS technology delivers to
customers," said Don McMahan, vice president of sales for Fujitsu's Imaging Products Group. "VRS technology
is clearly the standard for document image quality in all types of scanning environments and, just as Fujitsu's first
VRS-equipped scanner raised the bar for the rest of the industry then, the new Fujitsu/Kofax partnership will do
the same in 2003.
"By deepening our relationship and further integrating our offerings, both Kofax and Fujitsu reaffirm their leadership
positions in the document imaging industry and, most important, bring an even greater array of world-class
imaging solutions to market."
VirtualReScan -- Improving Image Quality
Patented, award-winning VirtualReScan (VRS) technology delivers significant ROI by greatly improving the
readability of scanned documents. It automatically straightens, crops and optimizes images in real time. It also
increases the accuracy of data captured from scanned documents, reducing the need for manual corrections
of intelligent character recognition (ICR) and optical character recognition (OCR) results.
VRS improved OCR results approximately 35 percent in tests conducted by independent research firm Doculabs.
With VRS, users can load any combination of document types and sizes into a scanner and simply press the
scan button. The use of VRS as part of the document capture process results in lower operating costs due to
increased recognition accuracy, reduced rescanning, easier-to-read images, and a significant reduction in the
manual labor required to presort documents and change scanner settings. "VRS has emerged as the 'must-have'
feature for production document scanners," said J.D. Moons, Kofax director of marketing for image processing
products. "It's now a standard feature or an optional upgrade for products offered by all major document scanner
vendors."
www.kofax.com
Kofax - 9/22/2003
KOFAX SHIPS UPGRADED ASCENT RICOCHET FOR ENHANCED
ASCENT CAPTURE 6.0
IRVINE, Calif., Sept. 22, 2003 -- Kofax, the world's largest information capture vendor, today announced that
Ascent Ricochet 6.0 is now available. The award-winning Ascent Ricochet product is an easy-to-use, browser-
based solution that enables office workers to rapidly collect transactional information and deliver it into a business
workflow. Ascent Ricochet extends the industry-leading Ascent information capture platform to every desktop in
the enterprise using low-cost scanners and multifunctional peripheral (MFP) devices.
"Ascent Ricochet is an ideal solution for business environments that must capture transactional data from different
sources and distribute it quickly," said Mike Morper, director of product marketing at Kofax. "Ascent Ricochet
provides a fast and economical way to deliver valuable information immediately into a business workflow. This
distributed capture solution provides instant data transmission without the costs and delays associated with
standard physical shipment of documents."
Ascent Ricochet 6.0 offers several enhancements including full support for VRS (VirtualReScan) 3.0, Kofax's
award-winning and patented image-perfecting technology. Ascent Ricochet 6.0 can now be used with all
scanners supported by VRS, enabling users to scan from their office desk and ensuring that Ascent Ricochet
users will display the best possible images on their desktop for indexing and delivery into the workflow.
Version 6.0 also provides server-level authentication, which allows multiple users to share a workstation. In
addition, the new scheduled synchronization feature minimizes network traffic and saves time for end-users who
capture several sets of documents each day.
Ascent Ricochet enables document creators or content experts to scan images on current scanners, digital
copiers or other MFP devices at their location or at remote offices. From the desktop, they can quickly review
thumbnail images of scanned documents for quality. These documents are then assembled in a pre-defined
"package" and released into the workflow. Ascent Ricochet also enables users to attach other electronic
documents to the package as well obtain notification of delivery.
Among its many awards, Ascent Ricochet won Transform magazine's "Best of AIIM" accolade at the 2002 AIIM
industry trade show.
Availability Ascent Ricochet 6.0 is available now from 900 Kofax Solutions Providers (KSPs) worldwide. Pricing
is based upon a server license and the volume of images that are imported into Ascent Capture.
www.kofax.com
Kofax - 7/21/2003
AWARD-WINNING KOFAX IMAGING ENHANCEMENT SOFTWARE
NOW AVAILABLE FOR NEW KODAK i260 SCANNERS
IRVINE, Calif., Date July 21, 2003 -- Kofax's award-winning VirtualReScan (VRS) automated document
image-perfecting solution for Kodak's new i260 scanner is now shipping. This is the first integration of VRS with
a Kodak Perfect Page scanner.
"The integration of Kofax high-performance VRS technology with the Kodak i260 scanner delivers unprecedented
speed, precision and outstanding image quality to customers regardless of the type of documents they are
scanning," said Tim Vaughan, Kodak worldwide director of marketing, Commercial Imaging Group. "VRS technology
also facilitates high levels of accuracy in data captured from scanned documents, reducing wasted time spent on
rescans or manually correcting recognition results. The result is an easy-to-use, reliable scanner with versatile
paper-handling and amazing image-processing capabilities."
Driven by customer demand, the integrated production document scanning solution is a result of continued
collaboration between document capture leader Kofax and the Commercial Imaging Group of Kodak. VRS
technology has previously been integrated with Kodak i50 and i60 models as well as Kodak Digital Science(TM)
1500 and 2500 scanners.
"VRS continues to set the standard for document image quality in all types of scanning environments," said Tony
Venice, Kofax senior product manager. "Kodak's integration of the technology with its newest desktop Perfect
Page scanner makes it an ideal choice for customers in the entry-level production market."
VirtualReScan (VRS) automated document image-perfecting solution for Kodak's new i260 Scanner is now
available from authorized Kofax distributors and resellers nationwide.
About Eastman Kodak Company and infoimaging
Kodak is the leader in helping people take, share, print and view images -- for memories, for information, for
entertainment. The company is a major participant in infoimaging, a $385-billion industry composed of devices
(digital cameras and flat-panel displays), infrastructure (online networks and delivery systems for images) and
services and media (software, film and paper enabling people to access, analyze and print images). With
sales of $12.8 billion in 2002, the company comprises several businesses: Photography, providing consumers,
professionals and cinematographers with digital and traditional products and services; Health, supplying the
healthcare industry with traditional and digital image capture, storage and output products and services;
Commercial Imaging, offering image capture, output and storage products and services to businesses and
government; Components, delivering optics and imaging sensors to original equipment manufacturers; and
Display, which designs and manufactures state-of-the-art organic light-emitting diode displays as well as other
specialty materials.
www.kofax.com
Kofax - 7/10/2003
KOFAX SHIPS NEW ASCENT OFFERINGS WITH ENHANCED
FEATURES FOR DEPARTMENTAL AND DISTRIBUTED CAPTURE
ENVIRONMENTS
IRVINE, Calif., July 10, 2003 -- Kofax, the world's largest information capture vendor, today announced that
Ascent Capture 6.0 and Ascent Capture Internet Server 6.0 (ACIS) are now available. Ascent Capture 6.0
is the next-generation of Ascent Capture, the company's flagship document and data capture application.
Ascent Capture 6.0 offers several new and enhanced features including built-in Adobe Acrobat PDF file
creation and the elimination of hardware licensing dongles on Ascent clients.
"The new capabilities now available for Ascent Capture 6.0 provide customers with a range of document
processing options," said Anthony Macciola, Kofax vice president of marketing. "Enhanced and expanded
product features are relevant for those who want to upgrade to Ascent from another capture application or
for those who are implementing a data capture solution for the first time."
With Ascent Capture 6.0, users can easily implement an initial workgroup or departmental data capture
operation that can be expanded with tools such as ACIS to create a complete enterprise solution. ACIS
is the company's production distributed capture component.
ACIS 6.0 enhances enterprise management capabilities with software-based client licensing, remote upgrades
and enhanced security. ACIS 6.0 provides a variety of new features designed to enhance the ability to scan
documents inexpensively at remote sites, automatically download them to the central site and then automatically
or manually synchronize with the content management or business system. ACIS can use an IBM WebSphere
or Microsoft IIS server for Internet connectivity to the remote Ascent Capture applications.
Pricing and Availability
Ascent Capture 6.0 is available now from 900 Kofax Solutions Providers (KSPs) worldwide. Ascent Capture
6.0 pricing is based on the volume of pages scanned or documents imported per month. Specific pricing
may be obtained from KSPs.
About Kofax
Kofax Image Products Inc., a division of the DICOM Group plc, is a leading developer of application software
and image-processing products for the Electronic Data and Document Capture (EDC) market. According to
research by Strategy Partners, Kofax is the largest capture software vendor in the world. EDC is essential to
helping document-intensive organizations economically, reliably and securely collect, transform and deliver
information from all sources into their electronic business processes and archives
www.kofax.com
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