TEL AVIV, Israel, April 30, 2012 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (TIS) (Nasdaq:TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, appoints Omri Gelb, Executive VP, to serve as General Manager of its North American Division. Omri has been with Top Image since 2001; in his most recent role as Head of Sales in EMEA, he has driven the acquisition of Tier 1 customers such as Deutsche Bank, Bosch, Ferrero and Coca Cola. He returns to his home playing field as part of TISA's strategy to significantly increase its focus on the North American market, spearheaded by initiatives around our innovative mobile, banking platform and digital mailroom solutions.
Omri has extensive experience in management and sales in the capture, workflow and ECM markets. Over the past four years, he has defined and delivered a successful sales strategy and provided strategic direction and leadership across the business, resulting in growth of both revenues and profits. Omri holds a Bachelor's Degree in Commerce and International Business from the John Molson School of Business, Concordia University, Montreal, Canada.
"We believe that Omri's substantial industry background and proven professional excellence will ensure that Top Image Systems will bring the right solutions to a market that is aggressively seeking innovative products to achieve efficiency and competitiveness," remarked Izhak Nakar, Executive Chairman of Top Image Systems.
"I'm very pleased to accept this appointment at such an exciting time, when TISA is delivering its next- generation mobile capture solutions," comments Omri Gelb, General Manager of Top Image Systems, North America. "The company's future in this market is very promising and I feel privileged to be selected to lead this dynamic division as it propels forward to achieve even greater success in our market space."
About Top Image Systems
Top Image Systems(™) (TIS(™)) 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. TIS's eFLOW®Platform is a common platform for the company's solutions. TIS markets its platform in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers as well as strategic partners. Visit the company's website http://www.TopImageSystems.com for more information.
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Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward-looking statements. Words such as "will," "expects," "anticipates," "estimates," 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 management's 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, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Europe and Israel, government regulation, litigation, general economic conditions and other risk factors detailed in the Company's 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.
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