For Immediate Release
Contact: Jim Matteson
INSCI Corp
508-870-4100
WESTBOROUGH, MA., June 17, 1996 -- INSCI Corp (NASDAQ: INSI) announced today that it had reached a marketing alliance agreement with NEPS, Inc. for INSCI's line of document archive products and services. NEPS specializes in electronic document automation, management and printing solutions for paper intensive industries such as insurance, financial services and commercial printing. NEPS is a wholely owned subsidiary of Moore Corp Ltd. (NYSE: MCL), the premier provider of business forms and printing services in the United States.
Under the agreement, NEPS will represent and participate in joint marketing activities for INSCI's COINSERV document archive system. According to Denise Miano, Executive Vice President of Business Development at NEPS, “NEPS provides real-world solutions that manage information on paper or in a digital form. Our core products focus on pre-print and print automation. INSCI's COINSERV is the market leading post-print, document archive system. It [COINSERV] allows NEPS to offer a more complete system for those customers who require large volume COLD storage as part of their total solution.”
John Gillis, Executive Vice President and COO of INSCI says, “We are excited about working with NEPS to resell the COINSERV product line. We have complimentary technology and share the same vision of automating document management and making the print process more efficient. NEPS' position as a technology subsidiary of Moore Corp, specifically Moore Graphic Services and Business Communication Services, adds additional value to the relationship. Moore is a recognized leader in business forms technologies, and a leader in providing document production services including outsourcing and facility management services. Through NEPS, INSCI will have access to Moore's extensive client base.”
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INSCI has existing distribution agreements with Xerox, Unisys, Siemens Nixdorf (Oce) Printing Systems, and First Data Investor Services. INSCI Corp develops, markets, and supports client/server electronic printing and document management software utilizing optical disk and CD storage technology to index, archive, retrieve and distribute computer-generated documents and scanned images including statements, reports, invoices, and transaction data. INSCI also sells print-on-demand software for the automated document factory market. The Company provides customers with an extensive range of system integration and consulting services based upon its expertise in integrated output management, electronic printing, print-on-demand, data storage, data warehousing and data mining. The Company is headquartered in Westborough, Massachusetts. For more information about INSCI Corp, visit its home page on the Internet at http://www.insci.com. For more information on Moore Corp, please visit its home page at http://www.moore.com.
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