|ANDOVER, Mass. - Sept. 7, 2011 - Omtool, Ltd., (OMTL.PK), the trusted provider of document process automation solutions, today announced that KMWorld publishing named Omtool AccuRoute to its elite list of "Trend-Setting Products" of 2011. This is the second consecutive year that AccuRoute has earned the award, which recognizes technology innovation that has helped to create, define, enhance and/or sustain a markets needs and demands.
Through AccuRoute's capabilities to deliver flexible, distributed document capture with a highly scalable infrastructure and ease of use necessary to implement simple or complex solutions involving hundreds or millions of documents per month, AccuRoute has become the pre-eminent solution to address all the paper. AccuRoute is designed to capture documents and automate business processes across a wide range of vertical industries, including legal, healthcare, financial services, and virtually any document-intensive organization.
The KMWorld judging panel of analysts, systems integrators, and users embarked on a year-long collaborative effort and evaluated more than 800 products before creating the final list of trend-setting product winners.
"While we have hundreds of candidates seeking a place on this list, it ultimately comes down to market needs," said Hugh McKellar, editor-in-chief of KMWorld. "AccuRoute has continued to impress our judges because of the successes of Omtool customers. The results these customers are achieving with document-capture, routing, and automated workflows are setting a high standard in the knowledge-management community. From those important perspectives, this repeat win is no surprise."
"It is an honor to accept this award from KMWorld, its distinguished judges, and its readers," said Karen Cummings, executive vice president of sales and marketing for Omtool. "While we are exceptionally proud to earn this award for the second consecutive year, much of the credit goes to our many partners and customers who have championed the cause of knowledge management in their organizations and have successfully implemented AccuRoute to streamline document capture and routing and accelerate their business processes."
KMWorld (www.kmworld.com) is the leading information provider serving the Knowledge Management systems market and covers the latest in Content, Document and Knowledge Management, informing more than 50,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance. KMWorld is a publishing unit of Information Today, Inc. (www.infotoday.com).
With 20 years of leadership in document-related technologies, Omtool is helping the world's largest corporations and companies with document-intensive processes, cost effectively solve their document process automation problems. Omtool's award-winning solutions are built upon an expanding platform of secure and scalable document capture, processing, delivery, and archive capabilities. Omtool's customers include some of the world's largest financial institutions, hundreds of healthcare providers and legal firms, and companies across virtually every industry. By partnering with Omtool, our customers reduce the costs, complexity, compliance risks, and environmental footprints associated with critical business processes that involve paper documents. Based in Andover, Mass., with offices in the United Kingdom, and with world-class global customer support, Omtool can be contacted at 1-800-886-7845 or at www.omtool.com.
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This press release may contain forward-looking statements, including statements regarding Omtool's future financial and operating performance; customer interest in and acceptance of Omtool's products; long-term sales strategy; distribution channels; and the future plans of Omtool's management. These forward-looking statements are neither promises nor guarantees, and are subject to risk and uncertainties that could cause actual results to differ materially from the expectations set forth in these forward-looking statements, including but not limited to, risks associated with Omtool's business, including introduction of new product offerings, concentration of all products in the electronic document exchange market, focus on specific vertical markets; Omtool's strategic focus on new vertical markets; and those other risk factors described in Omtool's periodic reports and registration statements as filed with the Securities and Exchange Commission. Reported results should not be considered an indication of future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Omtool undertakes no responsibility to update any such forward-looking statements.
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