TMCnet News

Strategic Investment in Ephesoft Announced
[July 22, 2014]

Strategic Investment in Ephesoft Announced


(PR Web Via Acquire Media NewsEdge) Laguna Hills, CA (PRWEB) July 22, 2014 Ephesoft Inc, creators of the industry-leading Smart Capture™ advanced document capture platform, announced today that PFU Ltd. (a wholly owned subsidiary of Fujitsu Ltd., a $56B Fortune 100 company), has made a strategic investment through KnowledgeLake, a capture software leader owned by PFU Ltd. The funds will be used to expand Ephesoft's industry visibility and exposure to new customers by adding sales, marketing, and business development resources. Ephesoft has been experiencing explosive growth, and this action validates the company's strategy and expansion plans.



Ron Cameron, CEO of KnowledgeLake, commented: "We recognized that advanced imaging classification and extraction software was a perfect complement to KnowledgeLake. So we've researched all the competitive offerings over the past year. Ephesoft quickly became our favorite due to their modern web-based architecture and, quite simply, just their ability to execute. Our customers love the simplicity of setup and immediate impact that the Ephesoft solution provides. We are looking forward to helping our customers save even more time and more money with this exciting new technology." Don Field, CEO of Ephesoft, offered: "We are gratified that capture industry leaders like KnowledgeLake and PFU Ltd. share our vision for future growth. Our biggest challenge has been getting the word out about our new, modern approach to intelligent capture. When customers see our solution, they immediately appreciate the web-based architecture, simplicity of deployment and cost-effectiveness. This is an important milestone for Ephesoft that will allow us to penetrate the market more aggressively." About Ephesoft: Ephesoft, Inc. delivers our exclusive Smart Capture™ intelligent capture technology on-premise or in a SaaS model. With a focus on efficiency and reliability, Ephesoft has crafted the next generation of intelligent document capture in a simple and cost-effective application. Ephesoft's use of open standards and web-based software offers extreme flexibility and accessibility for a wide range of customers. Our superior classification technology allows organizations to automate and streamline mailroom processing and other document-based business processes. Ephesoft software captures and extracts data from unstructured documents with ease, adding another layer of efficiency and cost-savings to your operation.

Ephesoft is headquartered in Laguna Hills, California, with additional offices in Reading, England. The company is undergoing rapid growth in both the US and EMEA markets. To learn more, please visit http://www.ephesoft.com or call 949-335-5335.


© 2014 Ephesoft. Smart Capture™ is a registered trademark About KnowledgeLake: KnowledgeLake is an innovative software and services firm specializing in helping Microsoft-driven organizations solve their document-intensive business challenges through expert guidance, council, services and enterprise software solutions. KnowledgeLake provides the business expertise and technology needed to help clients efficiently capture, store and manage process-related documents as part of an over-arching Enterprise Content Management (ECM) vision.

Headquartered in St. Louis, Missouri, KnowledgeLake is a three-time Microsoft Partner of the year award winner and is recognized as the founder of the SharePoint document imaging marketplace in 2003. KnowledgeLake enables its customers to maximize and extend their already sound investments in proven Microsoft technologies, such as Microsoft SharePoint, Microsoft Office, and Microsoft Office 365. Equity funded by PFU Ltd. (a wholly owned subsidiary of Fujitsu Ltd.) To learn more, please visit us at: http://www.knowledgelake.com or call 314-898-0500.

Media Contact(s) Ephesoft: Cristina Rivera +1 949 335 5335 ext.521 cristina(dot)rivera(at)ephesoft(dot)com KnowledgeLake: DJ Monzyk (314) 898-0537 dj(dot)monzyk(at)knowledgelake(dot)com Read the full story at http://www.prweb.com/releases/2014/07/prweb12035701.htm (c) 2014 PRWEB.COM Newswire

[ Back To TMCnet.com's Homepage ]