FOR IMMEDIATE RELEASE October 6, 1998
Contact: Hal Morrow Bernard Ledieu
INSCI Corp J & B Software
(508) 870-4320 (215) 641-1500
hmorrow@insci.com bledieu@tmsimage.com
J&B SOFTWARE AND INSCI ANNOUNCE WORLDWIDE
MARKETING AGREEMENT
Westborough, MA and Bluebell, PA October 6, 1998 . INSCI Corp and J&B Software, Inc. today announced that they have entered into an agreement to jointly market and support an integrated remittance processing solution that incorporates enterprise-level electronic document storage and retrieval with a range of imaging, workflow, account look-up, print-on-demand, and check (coupon, vouchers, stubs) processing capabilities.
"J&B Software and INSCI bring a wealth of knowledge to the document management and payment processing world," stated John Gillis, Executive Vice President, Field Operations, INSCI. "Using J&Bs remittance processing management capabilities to feed our digital document repository will more effectively leverage our respective strengths and provide a solutions suite that is applicable to a wide spectrum of institutions including banks, credit card processors, loan providers, utilities and government."
"This relationship reflects our mutual commitment to providing our customers with innovative, proven technologies that improve their business processes and extend significant productivity and cost management advantages," said Bernard Ledieu, Vice President, J&B Software. "J&B has a long-standing history of providing its clients with the most cost-effective, reliable payment and check processing solutions in the industry. INSCIs suite of digital archiving and output management products are an extremely powerful complement to our own processing and archiving offering."
J&B is a leading software, services and systems integrator provider for remittance processing. The company offers remittance, lockbox, print-on-demand, check clearings, and ATM reconciliation solutions to institutions of all types (banks, credit cards, insurance, leasing, mutual funds, mail order, publishers, retailers, utilities and government). J& B has installed enterprise-level payment and check processing solutions at more than 120 sites throughout the United States, Latin America and Europe.
INSCI Corp develops and markets enterprise output management solutions that incorporate electronic document repository capabilities with integrated Internet, imaging, workflow, print-on-demand, electronic distribution and archive (COLD) software for the enterprise level, high volume production market. INSCI software solutions enable customers to improve their services through electronic access to documents (e.g. invoices, statements, reports, etc.); provide financial savings through elimination of paper and microfiche; and provide the foundation for the digital document "back office" for electronic commerce applications. INSCI markets and supports it products worldwide through a direct sales organization and marketing partnerships (Unisys, Xerox, Moore, J&B Software, Document Sciences and others).
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Contact Information
For more information about INSCI Corp, visit
www.insci.com or call (508) 870-4000.For more information about J&B Software, visit www.tmsimage.com or call (215) 641-1500.
The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties pertaining to customer orders, demand for products and services, development of markets for the Companys products and services and other risks identified in the Companys SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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