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Prism Software Announces New Enterprise Software

Press release from the issuing company

LAKE FOREST, Calif.--Oct. 29, 2001--Prism Software Corp. (Bulletin Board:PSOF) today announced an exciting Valeo Forms(TM) product suite and will demonstrate the solutions at the Xplor International Conference in Orlando, Fla. on Oct. 30, 2001. Valeo Forms is the best-of-breed in legacy data transformation and business communication solutions ideally suited for content management. Valeo Forms allows users to create, distribute and communicate business documents that streamline and automate their information needs. By adding electronic forms to simple variable data, a company's logistics costs are significantly reduced, workflow time is minimized and the output is presented in a crisp, professional, customer-friendly format ready to be delivered any time, in any design, to any destination, or onto any device. In addition to printing such information or documents for subsequent collating and mailing via traditional mail systems to the points-of-need, Valeo Forms OnLine converts the documents to a suitable, electronic format and then deposits them for subsequent access by the users in a defined database-intranet or Internet. By informing the users of the document's location by URL, the users then can, via standard Web browsers, access and print the information when or wherever required. When used in conjunction with Prism Software's data transformation modules within PrintConsole Pro -- Prism's flagship product, data from legacy applications can be diverted to repository locations instead of printing. Valeo Forms also includes optional connectors to most popular business applications such as Oracle, SAP, JD Edwards, Lawson, i2 or Ariba to support true enterprise or e-commerce applications. All of this can be achieved without changing the legacy application and hence is a tremendous opportunity to move to electronic distribution without a huge investment. Enterprise users will be able to customize their data regardless of the source, including CRM, SCM, legacy or ERP, and use the Web to access, store and track documents with Prism's output management solutions. Valeo Forms includes licensed technologies from FormScape who is a premier provider of software solutions that enable companies to customize, distribute and manage business documents. "Prism is very pleased to offer these solutions to our marketplace and to our distribution partners. This will enable our customers to strategically manage their documents and achieve competitive advantage at an excellent return on their investments,'' said Barry R. Lathan, president and COO of Prism Software. Prior to making this new product announcement, Prism had entered into a strategic marketing announcement with Xerox. As part of the marketing agreement, Xerox will distribute Prism's entire product family including Valeo Forms and will offer technical support to all Prism products marketed by Xerox. Prism Software, based in Lake Forest, develops and supports production print servers and document output management software solutions used across a range of industries such as finance, banking, insurance, health care, logistics and government. Lathan, can be reached at 949/855-3100 or at http://[email protected].

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