Prism Software Corp. (PSWR)

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Océ Partners with Prism to Offer Integrated Software Solutions

New Solutions Suite Simplifies Printing and Document Workflow Processes

TRUMBULL, Conn.--(BUSINESS WIRE)--Océ North America, a global leader in digital document management and delivery solutions, and Prism Software Corporation, an industry leader in print and document management software products, announced today that their current agreement has expanded and Océ is now a reseller of Prism Software products. This new agreement is a strengthening of the relationship between Océ and Prism Software and creates a more efficient manner by which to offer a complete software solutions suite to customers. For Océ, document management software is strategically important. This software enables Océ to serve an increasing number of customers for their printing systems and document management needs. Océ develops its own software solutions and uses compatible third party software to fully integrate document management and printing systems. The pairing of Océ and Prism Software enables Océ MFPs to be a valuable asset in helping customers improve the efficiency of their hard copy and digital workflows in the office.

Four distinct software applications will be offered along with Océ MFPs in the solutions suite. DocSystem™, DocRecord™, DocForm® and DocTransform™ are all intended to impact overall end user productivity, aid in cost-effectiveness, create a one-vendor solution and ensure cost to market and support. “Today our customers are using our advanced MFP features to capture, route and print documents within their business workflows,” said John Reilly, Vice President Product Development, Product Marketing and BPC Operations of Océ North America, Corporate Printing Division. “Prism Software will enable them to perform these functions at higher productivity and efficiency levels, whether they want to incorporate easier print and document management, use local forms printing for targeted marketing campaigns or print using distributed printers from legacy mainframe systems,” Reilly continued. “This complete software suite has been designed to help manage documents,” said David Ayres, President of Prism Software Corporation. “Combined with Océ MFPs, it becomes a total solution for all of a business’s document workflow processes.” Océ and Prism Software are working together to offer their customers the best possible print, document and workflow management solutions for their business environments. The combination of Oce’s best-of-breed MFP products and the Prism suite of software solutions results in a total business solution where the customer will only need to contact one vendor. This total business package results in a more efficient operational workflow and aids in keeping businesses in line with the latest software and technology for the MFP market. Océ MFPs and Prism Software are available now through any Océ Corporate Printing Division sales office.
About Océ

Océ N.V. is a leading international provider of digital document management technology and services. The company’s solutions are based on Océ’s advanced software applications that deliver documents and data over internal networks and the Internet to printing devices and archives -- locally and around the world. Supporting the workflow solutions are Océ digital printers and scanners, considered the most reliable and productive in the world. Océ also offers a wide range of display graphics, consulting and outsourcing solutions.

Océ employs around 24,000 people, with 2006 annual revenues of approximately $4 billion, operates in approximately one hundred countries and maintains research and manufacturing centers in the Netherlands, the United States, Canada, Germany, France, Belgium, the Czech Republic, and Romania. Océ North America is headquartered in Trumbull, CT, with additional business units in Chicago, IL; New York City; Boca Raton, FL; Salt Lake City, UT; Coventry, RI; and Vancouver, BC. North American revenues were approximately $1.7 billion for fiscal 2006, and employment is currently 11,000. For more information about Océ, visit http://www.oceusa.com/. Outside the U.S., consult http://www.oce.com/.

About Prism Software

Prism Software provides a suite of industry-leading print and document creation and management software products. These products serve the variable data printing, document output management and legacy data printing and conversion markets. Prism’s software applications helps its customers significantly reduce operational costs, greatly improve document flow and work processes and expand and improve electronic document creation and distribution choices.

Based in Orange County, CA Prism Software develops products that are utilized by Fortune 5000 and mid-sized companies across all industries. The products are marketed through resellers, systems integrators and printer manufacturers. For more information and a full range of product offerings, please visit http://www.prism-software.com/.

Appendix

DocSystem

DocSystem is an automated rule-based distributed printing, departmental workflow, file and image processing solution. The departmental aspect of this application reduces document processing costs and improves printing and workflow efficiencies. DocSystem allows the automatic routing of documents between persons and departments based upon predefined rules. Additionally, the image processing portion of DocSystem allows for automatic and complex image manipulation and adjustments.

DocRecord

Dynamic electronic document management is the chief benefit of DocRecord as it retrieves documents with customized folders and views at the touch of a button and digitally stores documents in common formats. These features accelerate key business processes, improve document availability and access, eliminate lost and misplaced documents, reduce storage costs and provide disaster recovery readiness. DocRecord first captures information, then categorizes and organizes information for easier search and retrieval of documents in storage. DocRecord has many advanced features such as version control, audit control, emailing of documents from within the application, Bates stamping, batch scan processing and full page and zonal optical character recognition (OCR).

DocForm

Personalized promotional and transactional materials can be created locally, remotely and over the web with DocForm. Remote applications such as bills of lading, delivery receipts and employee forms can be saved electronically and edited in order to save money, increase efficiencies and speed up processing times. Also, forms such as customer contracts, service agreements, operations and reporting forms can be signed over the web for a greater level of productivity that will save time while reducing the amount of physical paper documents that need to be sorted through. With the personalization of color documents, a wider range of recipients can be reached and the savings on each print is significant.

DocTransform

DocTransform allows users to enable, configure and adapt print data from any host or application. These functions are particularly crucial in addressing custom print requirements, getting documents to print correctly, improving control over the print environment and replacing outdated printing equipment. This is all accomplished while simultaneously enabling today’s modern and advanced multifunction printers (MFPs) to work in older legacy print environments. DocTransform enables users to print a document from any application with ease, shrink overall costs and improve competencies for printing operations. With advanced job and print queue management, MFP monitoring equipped with operator notifications and advanced security, users are able to establish and maintain a highly productive workflow.