News & Events

2001

AscendantOne, A Leading P&C Front Office Solution Provider, Partners With Document Sciences CorporationCARLSBAD, CA and NASHUA, NH (November 7, 2001) - Document Sciences Corporation (NASDAQ: DOCX), the leader in enterprise Content Automation software for Web, print and e-mail, and AscendantOne™, architect of next generation front office insurance technology, have joined forces to provide property and casualty insurers with comprehensive automation of quotes, policies, and correspondence through both electronic and traditional print channels.

James J. Costello to Join Document Sciences Board of DirectorsCARLSBAD, CA (November 6, 2001) - Document Sciences Corporation (NASDAQ: DOCX) announced that James J. Costello has joined its Board of Directors effective October 24, 2001. Mr. Costello, Director of Corporate Business Development for the Xerox Corporation, replaces Brian Stern, also of Xerox Corporation.

Document Sciences Joins The Oracle Partner ProgramCARLSBAD, CA (November 2, 2001) - Document Sciences Corporation (NASDAQ: DOCX) announced today it has joined the Oracle® Partner Program (OPP) and will provide compatible Content Automation solutions for print, Web and e-mail customer communications for Oracle Database customers.

Prototype Adaptor To Leading CRM Solution To Be Previewed At Document Sciences Users ConferenceCo-developed With AMS, Adaptor Will Connect Document Sciences Software With a Leading CRM Software Solution
CARLSBAD, CA (November 1, 2001) - Document Sciences Corporation (NASDAQ: DOCX), the leader in Enterprise Content Automation for Web, print and e-mail, announced plans today to demonstrate a prototype adaptor for its Autograph software and a leading CRM software suite at this year's Document Sciences Users Conference to be held November 11-13 in San Diego. The adaptor will be co-developed with American Management Systems (NASDAQ: AMSY), one of the largest international business and information technology consulting firms.

FileNET and Document Sciences Partner To Deliver Enterprise Content Automation SolutionsPartnership Will Link Leading Content Management And Business Process Software With Leading CRM Customer Communications Software
CARLSBAD, CA (October 31, 2001) - Document Sciences Corporation (NASDAQ: DOCX), the leader in Content Automation solutions for personalized print, Web and e-mail, today announced its membership in FileNET Corporation's ValueNET® partner program. Through its partnership with FileNET, Document Sciences will offer customers enterprise Content Automation solutions that complement FileNET's robust enterprise content management solutions.

Document Sciences Transforms Document Designers Into Web Designers At XPLORCARLSBAD, CA (October 31, 2001) - Document Sciences Corporation (NASDAQ: DOCX), the leader in Content Automation software for print, Web and e-mail, will feature a sneak preview of its revolutionary Visual CompuSet Professional™ (VC Pro) Web Designer software at Xplor, booth 1163, October 29 through November 1 at the Orange County Convention Center in Orlando, Florida. VC Pro Web Designer, an add-on to its popular VC Pro software used by many financial services organizations and insurance companies, allows those who design high-value communications, such as account statements and other customer documents, to easily transform their existing print applications into fully Web-enabled, interactive content.

Document Sciences Announces Profitable Third Quarter ResultsCARLSBAD, CA (October 25, 2001) - Document Sciences Corporation (NASDAQ: DOCX - news) today reported net income for the quarter ended September 30, 2001, of $196,118 compared with a net loss of $208,652 for the quarter ended September 30, 2000. Net income per share for the quarter ended September 30, 2001, was $0.05, based on 4,320,342 diluted shares outstanding, compared with a net loss per share of $0.02, based on 10,783,345 shares outstanding for the same quarter in 2000. Revenues for the quarter ended September 30, 2001, were $5.0 million, slightly up from the quarter ended September 30, 2000.

Document Sciences To Unveil Newest Version Of Industry-Leading Regulated Document Software At XplorPart of the Autograph Software Suite, DLS 6.3 Builds New CRM and Web Workflow Capabilities on Proven Technology Used By Hundreds of Major Insurance Carriers and Financial Services Organizations
CARLSBAD, CA (October 9, 2001) - Document Sciences Corporation (NASDAQ: DOCX), the leader in Content Automation software for print, Web and e-mail, will unveil Document Library Services™ (DLS) 6.3, the newest version of the insurance industry's leading tool for CRM-enabled automation of policies, contracts, quotes and correspondence, at Xplor 2001 October 29 through November 2, in Orlando, Florida. DLS 6.3 adds many enhancements to the DLS toolset that Doculabs, Inc., an independent industry analyst and advisory firm, called "a particularly compelling solution for the insurance industry's composition needs."

Document Sciences Releases Latest Version Of Flagship Customer Communications Software -- Expands Enterprise-wide CRM CapabilitiesCARLSBAD, CA (August 23, 2001) - Document Sciences Corporation (NASDAQ: DOCX), a global leader in Content Automation solutions for print, Web, and e-mail, announced general availability today of Document Library Services#x2122; (DLS) 6.2. DLS 6.2 is the latest version of its enterprise solution for generating regulated documents such as policies, contracts correspondence and fulfillment.

Customers And Partners Slated To Present At Document Sciences User ConferenceCARLSBAD, CA (August 8, 2001) - Document Sciences Corporation's (NASDAQ: DOCX) Third Annual User Conference, September 23-25, at the Hyatt Regency Islandia in San Diego, will include presentations from an unprecedented number of customers and partners. Customers scheduled to speak include Allstate Insurance, Principal Financial Group, Sierra Health Systems, Trustmark Insurance, and SmartAboutYou.com. Partners making presentations and exhibiting at the conference include Cardiff Software, CreoScitex, FirstLogic, Information Management Research (IMR), and Edgewater Technologies. Walter Janowski, CRM Research Director for the Gartner Group, will be the keynote speaker.

Principal Financial Group Selects Document Sciences For Policy and Contract AutomationEnterprise Software Investment Will Enhance Customer Relationships, Lower Policy and Contract Production Costs
DE MOINES, IA and CARLSBAD, CA (July 27, 2001) - The Principal Financial Group®, the nation's 401(k) leader, has selected Document Sciences Corporation's (NASDAQ: DOCX) Autograph™ software to automate production of pension plan policies and contracts. The software purchase will allow The Principal® to standardize on a single set of tools for its enterprise-wide Content Automation, reducing production costs and enhancing time-to-market.

Document Sciences Announces Second Quarter 2001 Earnings Of $723 Thousand, Or $0.19 Per ShareCARLSBAD, CA (July 25, 2001) - Document Sciences Corporation (NASDAQ: DOCX - news) today reported net income for the quarter ended June 30, 2001, of $723,488 compared with a net loss of $382,875 for the quarter ended June 30, 2000. Net income per share for the quarter ended June 30, 2001, was $0.19, based on 3,796,560 diluted shares outstanding, compared with a net loss per share of $0.04, based on 10,757,528 shares outstanding for the same quarter in 2000. Revenues for the quarter ended June 30, 2001, were $5.7 million, compared with $5.2 million reported for the quarter ended June 30, 2000.

Edgewater Technology Partners With Document Sciences - Strategic partnership integrates print/web/e-mail delivery of personalized content Into eBusiness solutions WAKEFIELD, MA and CARLSBAD, CA (June 4, 2001) - Edgewater Technology, Inc. (NASDAQ: EDGW), an award-winning e-business consulting and systems integration firm, today announced a partnership with Document Sciences Corporation (NASDAQ: DOCX), the leader in Enterprise Content Automation. The two companies will provide enterprise-wide Content Automation eBusiness solutions to clients in a variety of industries, including insurance, financial services, healthcare and others.

New Output Processing Software Saves Time And Money Through Sophisticated Print And Electronic Document DeliveryCARLSBAD, CA (June 4, 2001) - Document Sciences Corporation (NASDAQ: DOCX) today announced the general availability of its Output Processing software, enabling sophisticated control of individual document output within a multi-document stream.

IMR Partners With Document Sciences for High-Volume End-to-End Content Automation SolutionCARLSBAD, CA (May 11, 2001) - Document Sciences Corporation (NASDAQ: DOCX) and Information Management Research, Inc. (IMR) have formed a business alliance that creates a seamless solution for automated data capture, composition, delivery and storage of high-volume and transactional personalized documents.

Document Sciences Corporation - Corrective Press ReleaseCarlsbad, CA – May 10, 2001 - Document Sciences Corporation (NASDAQ: DOCX) today announced that the record date for the issuance of a nontaxable dividend of one Right on each outstanding share of its common stock pursuant to its recently adopted Stockholder Rights Plan will be May 18, 2001. The record date was previously announced as May 11, 2001.

Document Sciences Corporation Adopts Stockholder Rights PlanCARLSBAD, CA (May 4, 2001) - Last week the Board of Directors of Document Sciences Corporation (NASDAQ: DOCX) adopted a Stockholder Rights Plan and declared a nontaxable dividend of one Right on each outstanding share of its' common stock to stockholders of record as of May 11, 2001.

Newest Version of Content Automation Software for Regulated Customer Communications Debuts at AIIM 2001NEW YORK, NY (April 30, 2001) - Document Sciences Corporation (NASDAQ: DOCX), a global leader in Content Automation solutions for print, Web, and e-mail, debuts DLS 6.1, the newest version of its enterprise software that automates production of high-volume, high-value regulated customer communications, at AIIM 2001, in New York's Jacob Javits Convention Center, booth 2667.

Document Sciences Announces First Quarter 2001 ResultsCARLSBAD (April 25, 2001) - Document Sciences Corporation (NASDAQ: DOCX – news) today reported a net loss for the quarter ended March 31, 2001, of $351,582 compared with net income of $413,912 for the quarter ended March 31, 2000. Net loss per share for the quarter ended March 31, 2001, was $0.03, based on 10,859,191 shares outstanding, compared with net income per share of $0.04, based on 11,626,292 fully diluted shares outstanding for the same quarter in 2000. Revenues for the quarter ended March 31, 2001, were $5.3 million, compared with $5.7 million reported for the quarter ended March 31, 2000.

Document Sciences Corporation Purchases Additional Shares from XeroxCARLSBAD, CA (April 18, 2001) - Document Sciences Corporation (NASDAQ: DOCX - news), today announced that it has exercised its option to purchase an additional 1.1 million shares of its stock from Xerox Corporation at $2.00 per share.

AMS And Document Sciences Partner To Deliver Content Automation Solutions to Insurance and Financial Services IndustriesCARLSBAD, CA (April 5, 2001) - Document Sciences Corporation (NASDAQ: DOCX), a leading developer of Content Automation software solutions, and American Management Systems (NASDAQ: AMSY), one of the largest international business and information technology consulting firms, have entered into a systems integrator agreement to jointly deliver Content Automation solutions to the insurance and financial services industries.

Document Sciences Announces VPS Enhanced PostScript Emitter Produces Dramatic Color Printing Speed ImprovementsCARLSBAD, CA (April 5, 2001) - Document Sciences Corporation (NASDAQ: DOCX) released its VPS-Enhanced Postscript Emitter this week, after extensive beta testing indicated the Emitter dramatically improves both RIP time and file size of print jobs for Xerox® DocuColor® printers.

Document Sciences Corporation Successfully Completes Tender Offer For 6 Million Shares of its Common StockCARLSBAD, CA (March 27, 2001) - Document Sciences Corporation (NASDAQ: DOCX), today announced the preliminary results for its $2.00 per share cash tender offer for 6.0 million shares of its common stock, or approximately 55 % of its outstanding common stock. The offer, which was oversubscribed, expired at 5:00p.m., Pacific Time, on March 23, 2001.

Document Sciences Simplifies Regulated Document Creation with XML-Enabled Solution at On DemandNEW YORK, NY (February 28, 2001) - Document Sciences Corporation (NASDAQ: DOCX), a global leader in Content Automation and eCRM solutions, demonstrates the newest features of DLS 6.0, its core suite of products designed exclusively for enterprises that produce high-volume, high-value regulated customer communications at the On Demand Expo, in New York's Jacob Javits Convention Center.

Document Sciences Corporation Announces Tender Offer For Its Common StockCARLSBAD, CA. (February 16, 2001) - Document Sciences Corporation (NASDAQ: DOCX), today announces that it has commenced a fixed price tender offer for 6.0 million shares, or 55% of its outstanding common stock, at $2.00 per share net, an 18% premium to the last reported sales price of its common stock on Thursday, February 15, 2001.

Document Sciences To Debut Color PostScript Printing Speed Enhancement At On DemandCARLSBAD, CA (February 12, 2001) - Document Sciences Corporation (NASDAQ: DOCX) announced today that its PostScript Print Emitter will soon support CreoScitex's Variable Print Specification (VPS). Document Sciences will demonstrate this enhancement at its booth at the On Demand Digital Printing Exhibition, to be held February 29 through March 3 at the Jacob Javits Center in New York.

SunTrust Bank Looks to Set New Standard in Customer Statements with Output Solution from Document Sciences, IBM and Strategic SolutionsCARLSBAD, CA (February 7, 2001) - SunTrust Banks, Inc. (NYSE:STI), the nation's 9th largest commercial banking organization, has selected a software solution for re-engineering of their customer statements developed by the collaboration of Document Sciences Corporation (NASDAQ: DOCX), IBM (NYSE:IBM), and Strategic Solutions LLC. The solution, planned to be implemented in early 2001, is intended to provide SunTrust trust customers with premier-quality, highly personalized account statements.

Document Sciences Names Doug Pike Vice President of SalesCARLSBAD, CA (FEBRUARY 2, 2001) - Document Sciences Corporation (NASDAQ: DOCX), a leading developer of eCRM and Content Automation software solutions, has announced the promotion of Doug Pike to the position of Vice President of Sales. President & CEO Jack McGannon commented that "Doug's promotion reflects his outstanding leadership capabilities and his track record of strong achievement." Mr. Pike will be responsible for the company's worldwide sales activities and will report to Dan Fregeau, the company's Executive Vice President.

Document Sciences Announces Year End and 4th Quarter ResultsCARLSBAD, CA (February 1, 2001) - Document Sciences Corporation (NASDAQ: DOCX-news) today reported net income for the year ending December 31, 2000, of $0.5 million, or $0.05 per share based on 11,153,893 diluted shares outstanding. The Company's net income for the year ending December 31, 1999, was $2.1 million, or $0.20 per share based on 10,816,948 diluted shares outstanding. Revenues for the year ending December 31, 2000, were $22.6 million as compared with $24.3 million for the year ending December 31, 1999.

Sybase and Document Sciences Corporation Form Alliance for Enterprise Portal Content PresentmentEMERYVILLE, CA (January 26, 2001) - Sybase, Inc. (NASD: SYBS) today announced a marketing alliance with Document Sciences Corporation (NASDAQ: DOCX), a leading developer of eCRM and Content Automation software solutions. Through the alliance, Document Sciences Corporation will offer Sybase Enterprise Portal Customers rapid application development tools (RAD) for dynamic Web and print Content Automation of eProposals, eStatements, and eCorrespondence.

Document Sciences Promotes Dan Fregeau to Executive Vice PresidentCARLSBAD, CA (January 26, 2001) - Document Sciences Corporation (NASDAQ: DOCX), a leading developer of eCRM and Content Automation software solutions, has announced the promotion of Daniel J. Fregeau to the position of Executive Vice President. In this role, Mr. Fregeau will assume new corporate duties in addition to his existing responsibilities for worldwide sales, marketing and business development.

Document Sciences Elevates CFO Jack McGannon to CEO PositionCARLSBAD, CA (January 24, 2001) - Document Sciences Corporation (NASDAQ: DOCX), a leading developer of eCRM and Content Automation software solutions, has announced the appointment of John L. McGannon to the positions of Chief Executive Officer and President. Effective January 22, Mr. McGannon will replace Barton Faber, who will continue as a Director of the company. Mr. McGannon will also serve as a member of the company's Board of Directors. Mr. McGannon commented "Document Sciences' recently released products, as well as those in development, provide the company with a very promising future and I am excited about the prospect of guiding the company forward".

Document Sciences Lands Another Major DealNEW YORK, NY (January 22, 2001) - The Teachers Insurance and Annuity Association, the insurance company component of TIAA-CREF, a national financial services organization, has selected Document Sciences Corporation (NASDAQ: DOCX), a leading developer of eCRM and Content Automation software solutions, to provide a comprehensive software solution for cross-marketing and fulfillment. The purchase of these software licenses and consulting services represents a significant investment by TIAA-CREF in Document Sciences.