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Thursday, 09/03/2015 9:29:55 AM

Thursday, September 03, 2015 9:29:55 AM

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Top Image Systems With Leading BPO Partner Win Significant Deal for School Examination Processing in Chile

TEL AVIV, Israel and PLANO, Texas, Sep 03, 2015 (GLOBE NEWSWIRE via COMTEX) --

Top Image Systems, Ltd. TISA, -1.84% a global innovator of intelligent content processing solutions, announced that the company has won a several hundred thousand dollars deal to process school exams as a key component of a multi-million dollar project being carried out by one of the Company's leading global BPO partners for a public body in Chile to evaluate the quality of the schools across the country's educational system.

Following several successful similar projects executed together over the last years, in the 2015 tender the customer selected TIS and its partner to exclusively execute all of its exam processing requirements. This decision differed from earlier tenders in previous years, when the customer divided the project between different vendors. This year TIS and its partner were the sole vendor chosen in the tender and will execute the entire project to process all the exams for the 4th, 6th and 8 through 12th grades.


In addition to the trust the customer has in choosing us after the many years of successful cooperation, TIS and its partner were selected in this RFP for technical superiority and competitive pricing. Thanks to the eFLOW Exams module developed by TIS in Latin America to respond to the specific requirements of education providers in the region, the customer is confident that TIS will be able to accurately and efficiently recognize the 50 – 70 million pages to be reviewed in the framework of the project. Once the exams begin in October, the processing of each grade must be completed within 20 - 30 days, completing the entire project within a three month framework.

"TIS is very proud that in recognition of the excellent work done over the last three years, this year TIS and its partner have been selected as the exclusive vendor for this large scale and time-sensitive project," commented Ricardo Campelo, General Manager, TIS Latin America. "Considering this tender together with the educational testing projects we deploy in Brazil, TIS is now the leading examination processing company in Latin America. By deploying solutions for these and other complex requirements, we continue to build our presence and market share in the region."

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