Kofax(R) Announces New Release and Rebranding of Its Leading Automated Document Transformation...

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Tue Jul 22, 2008 3:00am EDT

Kofax(R) Announces New Release and Rebranding of Its Leading Automated Document Transformation Technology

   Kofax Transformation Modules 3.5 Offers Industry's Most Complete
  Solution for Automated Document Classification and Data Extraction
BASINGSTOKE, England--(Business Wire)--
Kofax plc (LSE: KFX), the leading provider of Intelligent Capture
& Exchange solutions, today announced the launch of Kofax
Transformation Modules, a new suite of applications for Kofax Capture,
the world's leading information capture platform. Uniting powerful
technologies from the company's Ascent Xtrata Pro and INDICIUS
products under one re-branded platform, Kofax Transformation Modules
offers the world's most complete and versatile solution for automated
document classification and data extraction.

   Designed to streamline the transformation of documents into
structured electronic information, Kofax Transformation Modules
automates the classification, sorting and separation of paper and
electronic documents, then extracts and validates the data they
contain. The product integrates seamlessly with Kofax Capture to
provide transactional capture capabilities in a single, unified
solution.

   Kofax Transformation Modules 3.5 integrates new features that
offer substantial improvements in document automation and electronic
processing performance as well as enhance ease-of-use. Among these are
new learn-by-example technologies for invoice extraction that require
minimal training to implement and new data validation functionality
that increases productivity for even the most complex forms and
documents.

   "Large organizations are looking for enterprise-level solutions to
not only capture but also transform documents into actionable
electronic data through a single-source platform that is easy to
deploy and simple to maintain in order to achieve lower total cost of
ownership," said Sameer Samat, Executive Vice President of Products at
Kofax. "Kofax Transformation Modules integrates with Kofax Capture to
offer the market's most advanced capture solutions for automating the
processing of forms, invoices, correspondence and other document
types."

   By helping to eliminate manual processes, Kofax Transformation
Modules enables organizations to enhance productivity while
significantly reducing operating costs. In addition, users benefit
from improved data processing speed, accuracy, capacity and security
with sophisticated automation technology that captures, validates and
delivers captured information quickly, efficiently and reliably.

   "Manual document processing is expensive, time-consuming and prone
to error," said Samat. "Kofax Transformation Modules allows knowledge
workers to focus their efforts on tasks that add value to the company
and for their customers."

   Leveraged through Kofax Capture, Kofax Transformation Modules 3.5
is compatible with the widest range of document scanners, content and
information management systems, workflow applications and databases.
The solution is also scalable as needed to evolving user requirements
and can be upgraded for additional volume or new features with no
re-installation required.

   Kofax Transformation Modules 3.5 combines with Kofax Capture to
enable solutions based on the Kofax Intelligent Capture & Exchange
concept, the centerpiece of the company's strategy to help
organizations streamline business processes.

   Kofax Transformation Modules 3.5 is now available.

   About Kofax

   Kofax plc (LSE: KFX) is the leading provider of Intelligent
Capture & Exchange solutions. For more than 20 years, Kofax has
provided award-winning solutions that 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, business process outsourcing and other markets. Kofax
delivers these solutions through its own sales and service
organizations, and a global network of more than 1,200 authorized
partners in the more than 60 countries throughout the Americas, EMEA
and Asia Pacific. For more information, visit www.kofax.com.

   Kofax is a registered U.S. trademark. All other trademarks and
registered trademarks belong to their respective owners.

Kofax plc
Investor Contact:
Stefan Gaiser, Chief Financial Officer
Gabriele Rosenbusch, Investor Relations Manager
+44 (0) 800 6520 616
stefan.gaiser@kofax.com
gabriele.rosenbusch@kofax.com
or
Media Contact:
Michael Troncale, Director, Corporate Communications
+1 949-727-1733, x434
michael.troncale@kofax.com

Copyright Business Wire 2008
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