Business Services Industry

Access Solutions and PaperClip Software Announce Re-marketer Agreement with First Colony Life Insurance

Business Wire, Sept 2, 1997

HACKENSACK, N.J.--(BUSINESS WIRE)--Sept. 2, 1997--

PaperClip's Electronic Data Exchange (EDX) Provides New

Breakthrough In Document Management Technology

Access Solutions International Inc. (NASDAQ: ASIC) announced today that is has entered into a Re-marketer agreement with First Colony Life Insurance Co., a GE Capital Services company.

First Colony Life will offer the PaperClip Document Management Suite as an integrated component of the life insurance brokerage agency management systems that First Colony offers to its customers: p.d.,q. and p.d.,q. 2000.

PaperClip's "Clipping" technology will provide programming-less integration of the PaperClip Document Management Suite with First Colony's legacy AS/400 based p.d.,q. system as well as with the new Oracle based client/server system p.d.,q. 2000. P.d.,q. customers will be able to migrate to p.d.,q. 2000 without having to replace their document management system. The PaperClip Document Management product line is year 2000 compliant.

Access Solutions International Inc. further announced a new open standard called Electronic Document Exchange (EDX). EDX will allow First Colony Life General Agencies with p.d,q. and PaperClip to exchange document images, COLD and other digital objects in a many-to-many trading partner relationship with any other EDX compliant systems over TCP/IP based networks.

"We continue to look for ways to leverage existing technologies in streamlining our business processes. The combination of p.d.,q., PaperClip, and EDX offers exciting possibilities for paperless communications with our customers that will result in improved efficiencies and significant cost savings for us both," said John McFadden, vice president of p.d.,q. Agency Automation of First Colony Life Insurance.

"Our products offer unique capabilities that are ideally suited to the insurance industry. It's very exciting to see First Colony Life Insurance embrace our technology for their important business communications applications," said Bob Stone, president and CEO of Access Solutions.

Access Solutions' products include GIGAPAGE software, for online viewing of reports and data, as well as optical/magnetic storage hardware systems. Unique capabilities of Access Solutions' COLD (Computer Output to Laser Disk) systems are the ability to store, retrieve, view and print large amounts of information in mission critical environments at extremely high speeds for significantly lower costs than competing products. Since 1986, Access Solutions has been a leading supplier of archiving and retrieval systems, providing storage solutions compatible with a wide range of computers throughout the industry.

PaperClip Software Inc. develops and markets innovative software products that organize and manage documents, images and workflow for a wide range of users, from individual Internet users to corporations using enterprise-wide systems. The PaperClip family of products gives end-users the information they want, when they want it, the way they want it. PaperClip Software Inc. was founded in 1991 and distributes its products worldwide through a network of distributors, value-added resellers, systems integrators, retail stores and direct channels. PaperClip Software's Web site is located at www.paperclip.com . -0- GIGAPAGE, INTERPAGE and the Access Solutions logo are trademarks of Access Solutions International Inc. PaperClip Software and the PaperClip logo are registered trademarks of PaperClip Software Inc. Windows 95 and Windows NT are registered trademarks of Microsoft Corp. p.d.,q. is a trademark of First Colony Life Insurance.

CONTACT: Media Contact:

Sperling Greene Associates

Steven Greene, 212/366-5060

sga@interport.com

or

Sales Contact:

PaperClip Software

David Valentino, 201/487-3503 ext. 153

dave@paperclip.com

COPYRIGHT 1997 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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