DICOM Group Announces Shareholder Decision to Adopt Kofax as New Global Name
February 18 2008 - 6:02AM
Business Wire
DICOM Group plc (LSE:DCM), a global leader of Intelligent Capture
& Exchange solutions, today announced that it will change its
name and adopt the Kofax� brand name worldwide across all of its
subsidiaries. The decision was reached following the Extraordinary
General Meeting that was held today. Trading of the company�s
shares on the London Stock Exchange under the name Kofax plc and
with the new ticker symbol �KFX� will commence as soon as possible.
For investor relations information, please continue to reference:
http://www.investor.dicomgroup.com until further notice. The ISIN
number for the company�s shares will remain unchanged as well. �The
decision to unify our corporate brand under Kofax supports our
continued effort to eliminate confusion between the disparate
brands that have been associated with our company as a result of
growth and acquisitions,� said Reynolds C. Bish, chief executive
officer. �Kofax has a strong reputation for quality and innovation
among our customers, partners and the industry-at-large, and we are
committed to providing solutions that automate document-driven
business processes in a more accurate, timely and cost-effective
manner.� The company�s decision to unify its corporate brand
supports an earlier announcement in April 2007 when it unveiled a
simplified product branding architecture to unify its diverse
product portfolio under Kofax Intelligent Capture & Exchange.
Together, these initiatives will help to strengthen Kofax�s
existing and new strategic relationships � more than 1,200 Kofax
Certified Solution Providers (CSPs) and 10,000 customers worldwide
� underscoring its leadership and 20-year track record of success
in the software capture market. �We think the rebrand makes good
sense: the company has tremendous brand equity in the Kofax name,"
said Melissa Webster, Program VP at IDC. �The rollout of Kofax
Intelligent Capture & Exchange last year has further enhanced
Kofax's position in the rapidly growing capture and image
management segment of the content management market.� During the
next several months, Kofax will work on gradually updating all
marketing, sales and product information to reflect the new unified
corporate brand. The separate Kofax and DICOM Web sites will remain
in the interim to ensure that partners, customers and shareholders
have immediate access to all necessary resources. About Kofax Kofax
plc (LSE:DCM) is a leading provider of Intelligent Capture &
Exchange solutions. For more than 20 years, Kofax has provided
award-winning solutions that automate document-driven business
processes by managing the transformation and exchange of
business-critical information arising in paper, fax and electronic
formats in a more accurate, timely and cost-effective manner. These
solutions provide a verifiable return on investment to thousands of
customers in financial services, manufacturing, retail, government,
healthcare, business process outsourcing and other markets. Kofax
delivers these solutions through a global network of more than
1,200 authorised partners, and its own sales and service
organisations in the more than 60 countries throughout the
Americas, EMEA and Asia Pacific. For more information, visit
www.dicomgroup.com. Kofax is a registered U.S. trademark of Kofax
Image Products, Inc. All other trademarks and registered trademarks
belong to their respective owners.
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