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 user 2005-09-16 at 10:54:00 am Views: 50
  • #12553

    eCopy Reports Twelfth Consecutive Year of Record Revenues

    Company Revenues Grow 39 Percent on Strong Customer Demand for Document Imaging and Distribution Products

    NASHUA, NH — – 09/2005
    – eCopy Inc., a leading provider of solutions that integrate paper
    documents into enterprise software applications, today announced record
    revenues for the fiscal year ending June 30, 2005, marking 12
    consecutive years of revenue growth. For the year, eCopy’s revenue grew
    39 percent to $41.8 million, driven by strong demand for its document
    imaging and distribution products.

    “We exceeded our high expectations in every critical metric — revenue
    growth, customer adoption, product development, and channel expansion,”
    said Edward Schmid, president and CEO at eCopy. “Our company is setting
    the pace in our market segment by providing intuitive, turnkey products
    that enable any office worker to easily integrate paper-based
    information into enterprise software applications. eCopy’s new Open
    Platform Architecture has garnered widespread industry support and will
    drive our future growth.”

    One of eCopy’s major achievements this year was the launch of the first
    eCopy Paper Connection Forum, a unique industry conference designed to
    accelerate the adoption of document imaging and distribution by the
    more than 350 million office workers worldwide with access to digital
    copiers. The Forum generated unparalleled industry momentum and
    excitement. For the first time, it brought together the world’s leading
    copier and scanner manufacturers, along with the premier independent
    software vendors, to encourage collaboration in charting the course for
    the wide-scale integration of paper documents into enterprise

    The industry analyst firm IDC, in a research report on the Forum,
    wrote, “Given the success of the Paper Connection Forum and the
    company’s solid growth over its past fiscal years, eCopy is in an
    enviable position to be considered as the de facto scanning middleware

    During its last fiscal year, eCopy achieved a number of important milestones including:

    –  Continued record eCopy sales through authorized Canon office equipment
        dealers worldwide.
    –  New and expanded customer implementations spanning across North
        America, Europe, and Australia that help organizations address the
        challenges of distributing, managing, accessing, and protecting paper-based
        information, including The Coca-Cola Company, National Institutes of
        Health, Clifford Chance, The United States Army, National Football League,
        United Nations, Scandinavian Airlines, Hilton Hotels, and Sprint Nextel
    –  Widespread market acclaim generated from the introduction of the next
        generation of eCopy ShareScan OP software. eCopy was awarded the
        prestigious “Best Enterprise Network Scanning Solution” Award for 2005 by
        market researcher BERTL Inc. Additionally, MFP Report editor and industry
        expert Brian Bissett called the product “a significant advance for the
    –  A broadened reach for the eCopy product family that now supports
        Canon, HP, Ricoh, Sharp, and Toshiba digital copiers and Canon, Fujitsu,
        and Kodak scanners – greatly expanding the company’s target market. This
        expanded product compatibility was complemented with the launch of the
        eCopy Solution Provider Program that enables value-added resellers and
        system integrators to offer eCopy solutions to the rapidly growing software
        and professional services market for networked copiers.
    –  eCopy software is now integrated with more than 45 enterprise
        applications, including EMC Documentum Content Server, Interwoven WorkSite,
        Open Text Livelink, Captaris RightFax, and Microsoft Outlook/Exchange.

    eCopy has rapidly expanded its presence in markets around the world.
    This includes a growing global workforce that now numbers 185
    employees, reflecting eCopy’s aggressive product development,
    marketing, and sales efforts.

    Schmid continued, “Even with our stellar results, we are still just in
    the early stages of tapping the market potential. With our new Open
    Platform Architecture products, expanded channel relationships, and
    rapidly expanding links to software applications, we are poised to
    reach a much larger market. We see significant growth opportunities by
    enabling a fundamental change in the way organizations add paper-based
    information to their mission-critical applications. They can now work
    with eCopy to set a software standard across the organization, enabling
    any office worker to bring a document into business workflows by simply
    copying it to an enterprise application.”

    About eCopy, Inc.

    eCopy, Inc. is an innovative provider of open and flexible solutions
    that rapidly integrate paper-based information into existing business
    processes and applications. Numerous industries, including legal,
    healthcare, and financial services, use eCopy to easily access, modify,
    distribute, and share information to add value to their business. eCopy
    customers include General Motors, Clifford Chance, Siemens, Cisco
    Systems, SAAB, and Sony Corporation. eCopy, Inc. is a global company
    headquartered in the United States, with a subsidiary in Japan, offices
    in England, Germany, France, Scandinavia, and Australia as well as
    sales operations in Mexico, Canada, Latin America, Singapore, and New