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Expanded Xerox Partnership with Kofax Broadens Offerings

Wednesday, April 09, 2003

Press release from the issuing company

NEW YORK--April 8, 2003-- Xerox Corporation and Kofax announced an enhanced partnership that addresses corporate America's growing demand to digitally safeguard and increase efficiency of business-critical information. The agreement combines Xerox Global Services' document imaging and repository capabilities with Kofax's on-site scanning and document capture applications. The integration of Xerox's and Kofax's services and solutions will enable organizations to scan unlimited numbers of documents either on-site or to Xerox's imaging and repository facility in Hot Springs, Ark. Xerox Global Services was named a Kofax National Certified Solutions Provider as part of the expanded partnership. Xerox will sell and support Kofax's data and document capture offerings. Kofax has been a Xerox Premier Business Partner since 2002. "This partnership brings a customized approach to the document and data-retention process," said Mack McCormick, vice president, Document, Content and Imaging Services, Xerox Global Services. "The combined solution offers a complete tool set for organizations challenged to address regulatory compliance, concerned about the cost of document storage and searching for ways to improve customer service." The offerings provide document-laden departments such as accounts payable, legal or customer service with the ability to scan and convert high volumes of paper documents and content from any geographic location across the organization. Knowledge workers can complete the conversion process locally, resulting in reduced processing time and shipping costs. These digital documents can then be sent securely to Xerox's offsite repository. "Our agreement with Xerox supports our philosophy of partnering with companies that strengthen our document solutions," said Kofax vice president of marketing Anthony Macciola. "With that in mind, we're very pleased to expand our relationship with Xerox." Xerox Global Services helps companies streamline and digitize their document-intensive business processes such as customer communications, billing, training, or records management. Xerox Global Services' consultants work closely with clients to identify, quantify and realize hidden opportunities to save money, find new sources of value and simplify how work gets done. Xerox Business Partners links the best-in-class partners, from established market leaders to market innovators, with the resources of Xerox Corporation. Kofax Image Products, Inc., 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 market. EDC is essential to helping document-intensive organizations economically, reliably and securely collect, transform and deliver information from all sources into their electronic business processes and archives.




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