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Top Image Systems Signs Six Figure Win at Austrian Oil and Gas Company

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Top Image Systems, Ltd

2 Habarzel Street, Tel Aviv, 69710, Israel

Original Press Release

Top Image Systems Signs Six Figure Win at Austrian Oil and Gas Company

Press release date: January 13, 2014

eFLOW® INVOICE Integrates With Microsoft Dynamics NAV

TEL AVIV, Israel and COLOGNE – Top Image Systems Ltd. (Nasdaq:TISA) a leading ECM (Enterprise Content Management) and BPM (Business Process Management) solutions and MIP (Mobile Imaging Platform) provider, today announced winning a six-figure deal to deploy eFLOW® INVOICE at the largest private gas station operator in Austria. The sale is notable as a proof of the increased demand for deployment of eFLOW solutions with integration to small and midsize business ERP systems, in this case to Microsoft Dynamics NAV.

Top Image Systems succeeded to close this AP automation deal within a relatively short sales cycle, following an informational reference visit to an architectural firm currently using TIS software. The customer seeks to optimize the processing of the 75,000 invoices collected each year by the company and its various subsidiaries from many distributed points of capture throughout Austria.

Egbert Fischer, General Manager, Top Image Systems Central Europe, remarked, "This win is the latest in a continuing trend of eFLOW wins in the energy and utilities industry. Companies in this market often run complex accounts payable workflows, and therefore seek out ways to automate these processes for increased efficiency. Moreover, this deployment with its integration with Microsoft Dynamics NAV, is a welcome indication of the demand for deployment of eFLOW solutions with integration to small and midsize business ERP systems."

About Top Image Systems
Top Image Systems™ (TIS™) Ltd. is a leading innovator of enterprise solutions for capturing and validating structured and unstructured content entering organizations from various sources and managing content-driven business processes. Whether originating from mobile, electronic, paper or other sources, TIS solutions automatically capture, process and deliver content across enterprise applications. TIS' flagship eFLOW platform and diverse business process and mobile image processing solutions are marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners. Visit the company's website at http://www.TopImageSystems.com for more information. 



CONTACT:
TIS Company Contact:
Shelli Zargary
Director of Corporate Marketing and Investor Relations
shelli.zargary@topimagesystems.com
+972 3 767 9114

TIS Investors:
James Carbonara
Regional Vice President
Hayden IR
james@haydenir.com
+ 1 646 755 7412

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