Kofax® Wins $2.1 Million Contract with National Archives and Records Administration

Business Wire,  March 19, 2008  

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NARA Selects Kofax for Enterprise-Level Capture and Exchange Solution to Handle Processing of Millions of U.S. Federal Government Documents

BASINGSTOKE, England -- Kofax plc (LSE: KFX), a global leader of Intelligent Capture & Exchange solutions, today announced it has won a $2.1 million contract with the National Archives and Records Administration (NARA), the official records keeper for the United States Federal Government. Kofax will provide NARA's Federal Records Centers (FRC) with an enterprise-level solution for electronically capturing and processing millions of the nation's vital documents.

Following an extensive competitive review by NARA, Kofax was selected after demonstrating its superior capture and exchange solutions, its solid enterprise features, and the scope of its distributed capture options to convert millions of paper documents created daily by the U.S. Government to electronic records. This digital shift is part of a priority initiative set forth by the President's Management Agenda to create and provide electronic records for preservation and use by the government and citizens.

The NARA solution is based on Kofax Intelligent Capture & Exchange concept, the centerpiece of Kofax's strategy to help organisations streamline business processes. NARA will be using a full complement of Kofax solutions - including Kofax Capture, Kofax Transformation and VirtualReScan (VRS) - to capture paper and electronic documents and forms in a digital format, transform content into accurate data, and deliver the resulting information into organisational applications and repositories.

"The FRC needed a sophisticated solution to handle the complex process of transforming, preserving and safeguarding critical government documents into a robust electronic records management (ERM) system," said Mike Giove, senior vice president of global technology & software and solutions sales - Americas. "Our solution provides FRC with a streamlined system that can manage and process highly challenging, complex documents and do so in significant volumes. The result is an enterprise structure that is easy-to-use and reliable, ensuring future use and public access to digitally archived documents that are core to the nation's security and historical legacy."

NARA has been providing comprehensive records management support and archival guidance and services to the Federal Government since 1934. Opening its first records centre in 1950, NARA has developed a national system that provides federal agencies with access to over 25 million cubic feet of documents.

Kofax helps organisations such as NARA 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. The key Kofax products and technology being utilised include:

* Kofax Capture, the world's leading information capture platform, which automates data capture from scanned paper or imported documents.

* Kofax Transformation, which intelligently automates the classification, sorting and separation of paper and electronic documents, and then extract and validate the information they contain.

* VRS, the de facto standard for scanning productivity that dramatically improves image quality, making even difficult-to-read or damaged documents legible.

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