Eastern Airline Company Selects Top Image Systems' eFLOW3 to Power Its Voyage Report System

Market Wire, December, 2005

Top Image Systems Ltd. (NASDAQ: TISA), a leading innovator of Data Capture solutions, announced today that a large eastern airline company has chosen TIS' eFLOW3, the latest version of the company's leading software, as its document automation solution.

Top Image Systems (TIS) provides automated data capture solutions that improve enterprise business processes by integrating data from multiple sources and of different types, such as invoices, freight and shipping bills, purchase orders, and others. TiS solutions seamlessly deliver the extracted data to enterprise applications such as document and content management, ERP, or CRM.

The airline company is one of the world's most respected travel brands. The company is proud of having one of the industry's youngest and most advanced fleets, a network spanning five continents and a remarkably high level of quality customer care.

The eFLOW3, which is seamlessly integrated into its Voyage Report System, processes a wide range of voyage reports. These internal operational reports are filled in manually by the crew at the end of each flight, reporting service and technical matters. The critical information must be transferred to the operational team before the next flight.

By implementing eFLOW3, TIS helps the airline company streamline the information in the voyage reports to their internal voyage report systems. By automatically collating and facilitating access to an unlimited number of documents, the company leverages the greatest value from its information sources. eFLOW's extraordinary ICR capabilities, along with its ability to efficiently and accurately process varied incoming information, allow the company to analyze and respond to situations quickly, and as a result, to advance customer service.

"We are pleased to welcome another airline company to our growing customer list of this sector," said Dr. Ido Schechter, CEO of Top Image Systems. "This growing company desired an input management system to replace its manual voyage reports input process. When time is critical, eFLOW's unique capabilities to provide superior recognition rates and accuracy levels, provide the right solution and supports its efforts to continually sharpen customers service."

About Top Image Systems

Top Image Systems is a leading innovator of enterprise solutions for managing and validating content entering organizations from various sources. Whether originating from mobile, electronic, paper or other sources, TIS solutions deliver the content to applications that drive the organization. TIS' eFLOW Unified Content Platform is a common platform for the company's solutions. TIS markets its platform in more than 30 countries through a multi-tier network of distributors, system integrators, value added resellers as well as strategic partners. Visit the company's website www.TopImageSystems.com for more information.

Caution Concerning Forward-Looking Statements

Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, quarterly fluctuations in sales of products in the Data Capture market (where in general the fourth quarter is the strongest and the first quarter is the weakest), the Company's ability to successfully integrate TIS Japan, litigation (including litigation over intellectual property rights), general economic conditions and other risk factors detailed in the Company's most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts: Adi Granot Investor and Public Relations Manager Top Image Systems Ltd. 972 3 7679114 Email Contact

 

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