Leading Scandinavian Construction and Real Estate Firm Calculates It Will Save Millions of Dollars with Help of StreamServe EDP

Business Wire, Oct 24, 2006

StreamServe Enterprise Document Presentment Software Enables NCC to Transform Business Process by Enabling Electronic Distribution of Invoices

BURLINGTON, Mass. -- StreamServe[R] Inc., the global leader in Enterprise Document Presentment (EDP), today announced that NCC, a leading Scandinavian construction and real estate company with more than $6.8 billion in revenue, calculates it will save millions of dollars by using StreamServe Enterprise Document Presentment[TM] software for the automated electronic handling and distribution of 1.3 million invoices annually.

"StreamServe converts incoming paper invoices into electronic documents which means that we have access to a digital version that can automatically be transferred to our business system and used in the approval process," said NCC System Administrator Dennis Persson. "Manual handling of invoices is so costly we believe that StreamServe has the potential to save us millions of dollars."

The flexibility of the application has meant that it has been able to fully support the major changes in NCC's corporate structure. A simple interface makes the functionality easily accessible to all NCC personnel. Corporate documents can be distributed more rapidly and securely, regardless of distribution channel. StreamServe EDP's ability to deliver documents in any format through any channel also enables NCC to maintain consistent branding across all customer communications.

"NCC provides a great example of how we are able to deliver substantial cost savings and help streamline our customers' business processes," said Chris Stone, president and CEO of StreamServe. "That constitutes a significant strategic advantage."

About StreamServe Inc.

StreamServe Enterprise Document Presentment[TM] (EDP) software enables the world's leading companies to communicate effectively with their customers, partners and suppliers through the automated creation and presentment of documents in any format and channel. StreamServe's EDP solutions enable more than 4,400 customers in 130 countries to present a full range of interactive, electronic and print-based documents generated by enterprise applications. Customers include leading global companies such as Bayer, BMW, CLP Power Hong Kong, Circuit City and DaimlerChrysler Bank. StreamServe is headquartered in Burlington, MA, and has 15 offices worldwide.

StreamServe[R], the StreamServe logo, StreamServe EDP, and "How Does Your Company Present Itself?" are all trademarks of StreamServe Inc. Some software products marketed by StreamServe Inc. and its distributors contain proprietary software components of other software vendors. Other marks are trademarks or registered trademarks of their respective holders. [c]StreamServe Inc. 2006