Business Editors/High-Tech Writers

IRVINE, Calif.--(BUSINESS WIRE)--March 13, 2003

Information capture vendor Kofax today announced that its parent company DICOM Group plc has been selected as a finalist by the Financial Times (www.ft.com) of London for its annual excellence in business awards.

The daily newspaper, with a global readership of 1.6 million, selected DICOM Group for technologies and products developed by U.S. subsidiary Kofax.

DICOM Group was among four companies nominated for the "Best Technology Award," out of a total of seven award categories which included Company of the Year; New Company of the Year; Entrepreneur of the Year; Best Investor Relations; Best-Performing Share; and Best-Performing Small Company Fund. The nominations honor the "smaller-quoted company sector" and winners in each category will be announced following a tally of votes from Financial Times readers.

Kofax was showcased by editors at the Financial Times for innovative technologies designed to capture high volumes of data and convert text and images into electronic information that can be more efficiently indexed, archived, retrieved and processed -- core attributes of its Ascent software platform. The daily international financial newspaper also recognized Kofax's VirtualReScan (VRS) technology and its ability to "enable scanners to create perfect reproductions of images in color."

Ascent Product Line

Ascent is the company's powerful production capture technology for managing document, data and Internet capture operations. Ascent enables companies to scan large volumes of forms and documents and convert them into images, text and data for introduction into a variety of workflow and document management systems. It provides e-document and XML capture capabilities as well as front-end support for integration with enterprise applications.

VirtualReScan

VRS performs a multi-point inspection of each document which greatly improves readability of scanned images by automatically straightening, cropping and optimizing exposure in real time. Image inconsistencies such as alignment, brightness and contrast are immediately corrected by VRS so that only the straightest, most readable images are captured by the system.

The use of VRS as part of the document capture process will result in lower operating costs due to increased automated recognition accuracy, fewer rescans, easier to read images and a significant reduction in the manual labor required to presort documents and change scanner settings.

In May 2002, VirtualReScan was awarded a U.S. patent reaffirming Kofax partner and customer feedback that VRS sets the standard for document image processing. The VirtualReScan automated document image-perfecting solution supports a variety of capture platforms, from workgroup to high-volume production scanners. VRS technology is employed by major production scanner manufacturers including Bell & Howell, Fujitsu, Kodak and Ricoh.

"This international recognition of Kofax technology reinforces the company's position as a leading enabler of enterprise content management solutions," said Kofax President Rick Murphy.

The Financial Times is printed worldwide in three separate editions for the United States, United Kingdom and Continental Europe.

About Kofax

Kofax Image Products Inc. (www.kofax.com), a division of the 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.

Note to Editors: Ascent and VirtualReScan are trademarks of Kofax Image Products Inc. All other trademarks mentioned herein are the property of their respective owners.