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Kofax President and CEO Arnold Von Buren Promoted to CEO of DICOM Group plc.

Publication: Business Wire
Date: Tuesday, November 13 2001

Business Editors & High-Tech Writers

IRVINE, Calif.--(BUSINESS WIRE)--Nov. 13, 2001

Kofax today announced that President and CEO Arnold von Buren has been selected as the next CEO of DICOM Group plc, the parent company of Kofax.

Von Buren will assume his new duties

on July 1, 2002. He will remain in his current post until that time. Plans for a successor will be announced within the next 60 days. Von Buren will assume the management responsibilities of DICOM founder and chairman Otto Schmid, who will remain chairman of the board.

"I am delighted that Arnold von Buren is to succeed me as CEO of DICOM Group," said Schmid. "Arnold joined seven years ago. Since then, he has contributed significantly to the growth of the group, most recently delivering outstanding achievements in his role as president and CEO of Kofax. I wish him success in his new role."

"I am proud to succeed Otto Schmid, who has taken DICOM Group from a green field startup to a world leader in EDC in 10 years," said von Buren. "My new role brings several challenges. These include the fulfillment of DICOM Group's aggressive growth plan and the continuing improvement of our profile as a leading firm in the office automation industry.

"This will be particularly challenging in the current market conditions in the IT sector. We are, however, better positioned than ever to continue to capture market share in the EDC sector, where there are substantial growth opportunities."

Von Buren was deputy CEO of London-based DICOM Group prior to the DICOM-Kofax merger on Oct. 15, 1999. Soon after, he was transferred to Kofax to lead the company's Ascent Software Business Unit. He became Kofax CEO on July 31, 2001.

DICOM was Kofax's largest European distributor prior to the merger, which combined Kofax's expertise in product development and image processing technologies with DICOM's strong international sales channels and their expertise in sales and services in international markets.

About Kofax

Kofax Image Products (www.kofax.com), a division of DICOM Group plc, is a leading developer of application software and image processing products for the Electronic Data and Document Capture (EDC) market. EDC is essential to helping paper-intensive organizations economically, reliably and securely incorporate paper-based information into their electronic business processes.

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