Kofax Extends Successful Relationship With LCI For Advanced Capture Technology
Kofax, the world's largest information capture vendor, today announced that the company has renewed its joint technology development agreement with LCI, a provider of advanced, learning systems for business process optimization and information extraction. Kofax and LCI have worked together for more than two years in close collaboration that has led to a number of innovative ideas and new products.
LCI provides advanced algorithms for image classification, forms processing and document analysis as components, some of which has been co-developed with Kofax and integrated into its intelligent forms processing solutions. LCI is recognized as one of the creators of technically outstanding algorithms for document processing.
"Early on, both our companies realized the reciprocal strengths and values of each other's technologies to help maintain and build our respective solutions," said Anthony Macciola, vice president of product management for Kofax. "This announcement shows our ongoing commitment to strengthening our overall information capture technologies and products by leveraging LCI's technology, and we expect that an even closer cooperation between Kofax and LCI will lead to continued innovation of our existing and under development products."
"We are pleased to continue our relationship with a professional and enthusiastic company like Kofax," said Dr. Alexander Goerke, managing director of LCI. "We continue to be impressed with Kofax's information capture solutions and feel that its products are the best in the industry."
Under the renewed contract, Kofax and LCI will work to increase sales and create a firm base for future potential partnerships.
About LCI
LCI is a technologically oriented enterprise that focuses on the development of advanced, learning systems for business process optimization and information extraction. With its highly qualified team of experts in the field of classification, extraction, and document automation LCI has succeeded to create worldwide unique products during the past years. For more information please view www.lci-software.com/en or send an e-mail to mailto:info@lci-software.com.
About Kofax
Kofax, a division of DICOM Group plc (LSE: DCM.L), is the world's leading provider of information capture software, according to research by Harvey Spencer Associates. Kofax products enable the automation of business processes by collecting paper documents, forms and e-documents from throughout organizations, transforming them into retrievable information, and delivering it all into line-of-business applications, databases and archives. The company's Ascent platform is the most popular information capture application worldwide, and its VRS (VirtualReScan) is the de facto standard for scanning productivity. Kofax products are widely used in finance, government, insurance, healthcare, and a broad range of companies and agencies that must capture critical business information from paper and electronic documents and forms.