Top Image Systems 6-K 2009
Date: June 29, 2009
|Top Image Systems Ltd.
By: /s/ Ido Schechter
Chief Executive Officer
|Exhibit No.||Description of Exhibit|
|99.1||A copy of the Registrant's press release dated June 29, 2009, regarding a notice by the Trustee of the Registrant's Series A Convertible Debentures.|
FOR IMMEDIATE RELEASE
Tel Aviv, Israel June 29, 2009 Top Image Systems, Ltd. (NASDAQ: TISA, TASE: TISA), the leading innovator of data capture solutions announced that on June 29, 2009, the Company has filed a current report (in Hebrew) with the Tel Aviv Stock Exchange. Below is an English Translation of the report:
The Company was requested by Reznik Paz Nevo Trustees Ltd., the trustee of the Companys Series A Convertible Debentures, to advise the holders of the Debenture that the trustees report regarding its activities during the second year of the trust, is available for their review during business hours, Sunday to Thursday (except for holidays), at the trustees office, at 14 Yad Harutzim St., Shevach House, 1st floor, Tel Aviv, Israel by appointment only.
About Top Image Systems
Top Image Systems is a leading innovator of enterprise solutions for managing and validating content entering organizations from various sources. Whether originating from mobile, electronic, paper or other sources, TIS solutions deliver the content to applications that drive the organization. TISs eFLOW Unified Content Platform is a common platform for the companys solutions. TIS markets its platform in more than 30 countries through a multi-tier network of distributors, system integrators, value-added resellers as well as strategic partners. Visit the companys website www.TopImageSystems.com for more information.
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, particularly statements regarding future operating or financial performance. Words such as will, expects, anticipates, estimates, intends, believes, plans and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on managements current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, quarterly fluctuations in sales of products in the Data Capture market (where in general the fourth quarter is the strongest and the first quarter is the weakest), TISs ability to successfully integrate businesses it acquires, litigation (including litigation over intellectual property rights), general economic conditions and other risk factors detailed in the Companys most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Top Image Systems Ltd.:
Director of Marketing and IR
+972 545 330537