Kofax® Awarded IBM Enterprise Content Management 'ISV of the Year'

Business Wire, March 28, 2008

Kofax Earns Award for Advanced Document Recognition and Kofax Capture Technology

BASINGSTOKE, England -- 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.