ReadSoft US and Cabinet
NG Capture and File in Record Time
ReadSoft US and Cabinet NG partner to extract data from business critical documents and file the data immediately, thus saving organizations time and money.
November 4, 2003 - Athens, Al - Cabinet NG is a paperless office document management solution that automatically files work as soon as typing begins. Starting a new document in Cabinet NG ensures that it is instantly filed and not lost, misplaced or mishandled. Medical, financial, and many other professional services operations use Cabinet NG to help achieve their goal of becoming more profitable by reducing the amount of paper in their office.
Using Cabinet NG, companies can manage large volumes of documents, optimize workflow, enforce privacy and improve efficiency. Their Shared Access Filing Environment (CNG-SAFE) allows businesses to customize their electronic filing solution with individual cabinets, easy storage, workflow and immediate document retrieval.
ReadSoft offers award winning e-capture software that is able to identify and transform key data elements from invoices, questionnaires or any business critical document. Pertinent data is transformed and routed to Cabinet NG where workflow and storage take place. Time is saved as ReadSoft's e-capture products read data from documents as fast as 300+ characters per second.
"Together, ReadSoft and Cabinet NG are helping organizations reduce the amount of money and time they spend entering data and retrieving it," said Bob Fresneda, President of ReadSoft US. "As ReadSoft reduces the human error of entering data into a system, Cabinet NG reduces the errors that could happen in retrieving it."
"We choose to partner with ReadSoft in front end capture for our Shared Access Filing Environment because of the product's prestige and ease of use," commented Jim True, Vice President of Marketing of Cabinet NG. "Both firms have stable and feature rich products that are complimentary and will create instant and exciting results for customers."
About ReadSoft:
ReadSoft is the global leader in the development and sales of software for automated data capture. With thousands of customers on a global basis, ReadSoft supports our customers and partners in the United States with offices in 6 locations including the corporate headquarters in New Orleans, LA.
Established in 1991, ReadSoft, first with free form technology
for invoices and color document processing, has become the global
technology leader, with subsidiaries in 11 countries and partners
in an additional 70. We are proud to have the largest and most
innovative development department in the industry, with professional
services to assist customers and partners on a global basis. For more information please visit: www.readsoft.com.
About Cabinet NG
Cabinet NG, Inc. is the industry's only automated filing solution that begins filing as soon as you begin typing. Serving over 400 organizations, Cabinet NG's software has become a leading digital document filing solution for the medical, financial, insurance, and other industries. Cabinet NG's Shared Access Filing Environment (CNG-SAFE) helps companies manage large volumes of documents, optimize workflow, enforce privacy and improve efficiency while preserving established processes. Cabinet NG's robust architecture scales from a standalone environment to literally thousands of collaborating users networked to millions of documents. The company is privately held with headquarters in Athens, Alabama. For more information, please visit www.cabinetng.com
For more information, please contact:
Bob Fresneda, President, ReadSoft Inc. 504.841.0111 bob.fresneda@readsoft.com
Alayne Copes, Sales and Marketing Communication Specialist. 504.841.0119 alayne.copes@readsoft.com
This press release contains forward-looking statements within the meaning of the federal Private Securities Litigation Reform Act of 1995. Statements contained herein that are not statements of historical fact may be deemed to be forward-looking information. Without limiting the foregoing, references to future growth or expansion are forward-looking, and words such as "anticipates," "believes," "could," "estimate," "expect," "intend," "may," "might," "should," "will," and "would" and other forms of these words or similar words are intended to identify forward-looking information. You should read statements that contain these words carefully because they discuss our future expectations contain projections of our future results of operations or of our financial position or state other forward-looking information. There may be events in the future that we are not able to predict or control accurately, and any forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include: (i) the ability to recruit and retain qualified technical and other personnel in a highly competitive market, (ii) market acceptance of our new and future products, (iii) the growth and adoption rate of Windows NT and Windows 2000, (iv) growing competition and (v) our ability to maintain and manage our growth. For additional information regarding risk factors that could affect our future results, please refer to the discussions of "Risk Factors" in our Form 10-Q for the quarter ended June 30, 2000, filed with the SEC on August 8, 2000, and our Form S-1/A Registration Statement Amendment filed on March 9, 2000.
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