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PSIGEN Posts Strong Earnings for Fiscal Year: Growth Tops 70%

(July 19, 2012)

LAS VEGAS, NV -- (Marketwire) -- 07/19/12 -- PSIGEN Software, Inc., the leader in advanced document capture and scanning solutions, has reported record earnings for their 2011-2012 fiscal year which ended in June, showing 70% growth. Growth has come from a strong expanding domestic market, and significant growth in Europe and the Asia Pacific Region.

"The growth and expansion of our company over the last year has been amazing," said Bruce Hensley, President of PSIGEN. "We really have not seen any purchasing slowdowns, and the New Year is already off to a fantastic start with a strong July."

"In this past year, we brought on a large number of Fortune 500 clients who were looking to enhance their current capture application set and lower their total cost of ownership. Our product set fits that mold, from a cost and licensing perspective, along with its scalability and deep feature set."

PSIGEN will be announcing a new product release next quarter and will release version 4.6 on October 1 for its core capture product, PSI:Capture.


About PSIGEN

PSIGEN Software is the innovative leader in advanced document capture and document scanning software. Since 1995, PSIGEN has provided software to improve all the processes around the conversion of paper to digital documents. The solutions focus on cost reduction, flexibility, standardization, and improved efficiency. PSIGEN delivers these solutions through a network of resellers and distributors in the US and abroad. For more information, visit www.psigen.com.

"PSIGEN" is a registered trademark in the US, the EU and other countries. All other trademarks and registered trademarks belong to their respective owners.

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CONTACT:
PSIGEN Sales and Marketing
Stephen Boals
V.P., Sales
sboals@psigen.com
949-916-7700 x230


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Related Keywords: PSIGEN, Financial Results, Document Capture, Document Scanning, OCR, ECM, PSI:Capture, SharePoint, Marketwire, Financial, Other,

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