Business Editors & High-Tech Writers
SAN DIEGO--(BUSINESS WIRE)--July 22, 2002
Captiva Software Corporation, the market leader in enterprise information capture software, today announced a strategic partnership with Pyramid Solutions, one of the technology industry's leading software engineering and system integration companies.
The agreement enables Pyramid to provide a complete document management solution by integrating Captiva's FormWare(TM) with Pyramid's packaged applications software for government, financial institutions and manufacturing companies. The partnership has already produced initial customers, including the Kansas Department of Revenue, which will replace its current ICR/OCR system with FormWare to process all its 2002 tax filings.
"We are very pleased to announce this partnership with Pyramid Solutions, an innovator in the imaging and document management arena, especially in the accounts payable, financial and government markets," said Blaine J. Owens, Vice President of Worldwide Sales at Captiva. "By providing a complete data and document capture solution to Pyramid's end users, we can more rapidly grow our overall business and expand our market share."
The partnership provides customers with a single, cost-effective solution that unites Captiva's information capture products with Pyramid's applications, which provide appropriate content and data to the end user at the click of the mouse. The combined solution offers the easy, efficient and secure management of any type of critical business document or digitized data. This combination of imaging and document management allows scanned images, OCR and associated metadata to be exported from Captiva's FormWare to Pyramid's Line of Business systems -- initiating the business process by simultaneously capturing the original document and executing the workflow necessary to get the right information, to the right people at the right time.
"Pyramid provides an innovative, off-the-shelf suite of packaged workflow applications for loan processing, county and city court case management, vital records and accounts payable processing," said Mark Mehill, Director of Sales and Marketing at Pyramid. "We look forward to offering the expanded capabilities that Captiva's products bring to our customer base."
FormWare is Captiva's award-winning information capture software that automates data and image capture from paper and electronic forms and documents. This business-critical information can then be exported to database, document, content and other information management systems, helping to maximize the accuracy and value of the data, speed the capture process, increase productivity and significantly reduce the cost of manual capture operations.
Pyramid Solutions' financial and government products are browser-based applications that have functionally rich modules, refined by numerous installations and configured to clients' particular needs. Coupled with its team of consultants, developers and project managers, these applications leverage the most advanced imaging, workflow and content management technologies and allow for rapid deployment and lower implementation costs.
About Pyramid Solutions
Pyramid Solutions, Inc. (www.pyramid-solutions.com) is one of the technology industry's leading software engineering and systems integration companies, delivering document management, imaging and workflow, manufacturing systems and plant floor controls, data communications and Internet and intranet solutions to Fortune 1000 companies. The company is privately held, and is headquartered in Troy, Michigan.
About Captiva Software
Captiva Software Corporation is a leading provider of information capture software. Since 1989, the company's award-winning products have been used to manage business critical information from paper, faxed and scanned forms and documents, Internet forms and XML data streams into the enterprise in a more accurate, timely and cost-effective manner. These products automate the processing of billions of forms and documents annually, converting their contents into information that is usable in database, document, content and other information management systems. Captiva's technology serves thousands of users in insurance, financial services, government, business process outsourcing, direct marketing and various other markets. Captiva is privately held with headquarters in San Diego, CA. For more information, visit www.captivasoftware.com.
Captiva and FormWare are trademarks of Captiva Software Corporation. All other companies and products mentioned are trademarks or registered trademarks of their respective companies.