News & Events
Document Sciences Announces Rapid Document Conversion Solution
11/30/2004, 10:00AM ET
Solutions Enable Insurers to Fast-Track Evolution from Legacy Document Production, Take Advantage of Real-Time, Scalable Content Processing Technology
CARLSBAD, CA (November 30, 2004) -- Document Sciences Corporation (NASDAQ: DOCX) announced today the availability of its ReadyConversions™ Solution that enables insurers to rapidly and efficiently move legacy document production systems to the award-winning standards-based technology and real-time capabilities of xPression.
The Solution combines Document Sciences' expertise in legacy conversions with a highly automated methodology and toolkit, ensuring a reliable, smooth transition to dynamic content processing.
"In many respects, legacy conversion is a major complication in a business and IT transformation project," explained Cynthia Saccocia, Senior Analyst, The Tower Group."Tools, templates, and technical experience are key elements to get projects into production faster and at a reduced cost."
"Many insurers and other financial services organizations are interested in transitioning production of policies, proposals, correspondence and other documents from batch print-oriented legacy systems to the real-time, multi-channel capabilities of xPression," said Jack McGannon, President/Chief Executive Officer of Document Sciences. "Our goal with ReadyConversions is to provide the easiest, most efficient and fastest way to get there, no matter what type of document automation system the organization is currently using."
"Organizations that take advantage of this solution will be able to deliver high-volume, customized, fully-compliant documents in real-time, from within existing business workflows, enabling straight-through processing," McGannon added.
About Document Sciences
Document Sciences Corporation delivers real-time, interactive content processing services that content-driven organizations depend on to realize productivity benefits, cut costs, and increase competitiveness. Approximately 650 customers worldwide use Document Sciences products in insurance, banking and financial services, managed-care, telecommunications, utilities and commercial print service bureaus. Customers include more than 60 Fortune 500 companies. Based in Carlsbad, Calif., with regional locations across the U.S. and a European subsidiary in Paris, Document Sciences also markets its products in Australia, Canada, New Zealand, Brazil, Mexico and China. For more information about Document Sciences Corp., visit www.docscience.com.
This press release may contain "forward-looking" statements about possible or assumed future results of our financial condition, operations, plans, objectives and performance. You can identify these statements by the fact they use words such as "believe," "expect," "anticipate," "estimate," "project," "intend," "plan" or similar expressions. Many possible events or factors could affect our future financial results and performance. This could cause our results or performance to differ materially from those expressed in these forward-looking statements. Some of these events or factors include the following: (i) national, international, regional and local economic, competitive and regulatory conditions and developments; (ii) the market for document automation software (including the emerging content processing market); (iii) market acceptance of enhancements to our existing products and introduction of new products; (iv) continued profitability of our professional services; (v) maintaining our relationships with Xerox Corporation and our other distribution partners and/or other risks detailed from time-to-time in our SEC reports, including the report on Form 10-K for the fiscal year ended December 31, 2003. We do not undertake, and specifically disclaim, any obligation to update forward-looking statements.