He oversaw the Companys acquisition of eGistics and subsequent strategic investments, investing some $10 million to transform the company by consolidating its product portfolio, moving towards a cloud-based SaaS business model and leveraging the Companys process automation knowhow to build a suite of capture-driven process automation solutions, starting with enhanced Financial Process Automation (FPA) solutions via on-premise, cloud and mobile delivery models that will serve as a powerful growth engine for the Company in the years ahead. Mr. Nakar has made an enormous contribution to the Company as Active Chairman and as a major shareholder to drive revenue growth, profitability and to generate shareholder value for the Company during his tenure. I would like to take this opportunity to extend our deepest appreciation and gratitude for Izhaks leadership and unwavering commitment to Top Image Systems, said Don Dixon. look at this web-siteIt has been an honor and a privilege for me to serve as the Companys Active Chairman, said Izhak Nakar, Founder and Active Chairman, Top Image Systems. I have the utmost confidence that the Company is on the right track and that under the leadership of Don Dixon as Chairman, Brendan Reidy as CEO, and with the support of the Board and executive management team, we will further strengthen our market reach and capitalize on our opportunities, increase revenues and profits and meet our commitments to the Companys shareholders. Read More About Top Image Systems Top Image Systems (TIS) Ltd. is a global innovator of on-premise and cloud-based applications that optimize content-driven business processes such as procure to pay operations , remittance processing , integrated receivables, customer response management and more. Whether originating from mobile , electronic, paper or other sources, TIS solutions automatically capture, process and deliver content across enterprise applications, transforming information entering an organization into useful and accessible electronic data, delivering it directly and efficiently to the relevant business system or person for action with as little manual handling as possible. TIS solutions are marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners. Visit the company’s website at http://www.TopImageSystems.com for more information. Top Image Systems 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. http://www.theactproject.com/traininginterview/2016/12/17/a-spotlight-on-wise-plans-for-st/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.
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