Kofax Announces Agreement with TeamHealth for Distributed Capture Solutions

Kofax, a global leader of Intelligent Capture & Exchange solutions, today announced that it has signed an agreement with TeamHealth, the nations largest provider of hospital-based clinical outsourcing, to provide distributed capture solutions based on Kofax Intelligent Capture & Exchange, the centerpiece of Kofaxs strategy to help organizations streamline business processes by capturing documents in the front office, where they originate, and moving such information in real-time to transactional business processes.

The distributed capture solutions will include key elements of Kofax Intelligent Capture & Exchange, including Kofax Ascent® Capture, the worlds leading automated information capture platform, and will be installed by Kofax Certified Solution Provider, South Carolina-based KeyMark. Kofax is a key component of the overall business process automation strategy designed by KeyMark which also incorporates Hyland Softwares OnBase workflow process automation.

As a result of this agreement, TeamHealth expects to significantly expedite the processing of its patient and billing records as well as those of its client hospitals. A paperless environment will positively impact the revenue cycle by enhancing operational efficiencies and shortening turnaround times.

We continue to see strong demand among organizations in paper-intensive market segments like healthcare that must successfully marry paper- and electronic-based business environments, said Andrew Pery, chief marketing officer, Kofax. The agreement with TeamHealth demonstrates that our innovative information capture and exchange solutions can help to increase customer service for our clients, while making a positive impact on the bottom line.

For more information about Kofax Intelligent Capture & Exchange, please visit http://www.kofax.com.

About Kofax

Kofax (LSE: DCM.L) is a 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 a global network of more than 1,200 authorized partners, and its own sales and service organizations in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com.

Kofax and Kofax Ascent are trademarks or registered trademarks of Kofax Image Products, Inc. All other trademarks and registered trademarks belong to their respective owners.

Contacts:

Kofax
Michael Troncale, 949-727-1733, ext. 434
michael_troncale@kofax.com

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