Ephesoft Closes Major Sale to Global Canadian-based Insurance Provider

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Sale demonstrates customer recognition of leading edge technology

David Talarico, Ephesoft's SVP Sales and Marketing, remarked “Insurance is a strong market for us and has great potential. We’re pleased by this new sale and foresee many others in this market by the end of 2013 as we increase our focus here.

Ephesoft Inc., the leader in providing advanced cloud-ready capture solutions, announced today that it has closed a significant sale to a Canadian-based international insurance provider of life, property and casualty insurance with offices throughout Canada, Europe, and the United States. The sale involves multiple sites and includes Ephesoft’s Advanced Reporting modules for accurate monitoring and analysis of document classification and extraction accuracy.

The insurance industry is a prime market for advanced technology that speeds processing of important business documents and assures the data accuracy. Ephesoft was designed to implement quickly and easily so customers could start recovering their investments in a fraction of the time of competing solutions. Additionally, the cloud-based architecture and subscription option gives customers more flexibility than competing capture solutions. This insurer did through testing using their own documents and arrived at this same conclusion.

David Talarico, Ephesoft's SVP Sales and Marketing, remarked “Insurance is a strong market for us and has great potential. We’re pleased by this new sale and foresee many others in this market by the end of 2013 as we increase our focus here. ”

ABOUT EPHESOFT Ephesoft, Inc. is headquartered in Laguna Hills, California with an office in Reading, England. Ephesoft’s document capture solutions use open standards and are cloud-ready, offering extreme flexibility and accessibility for a wide range of customers. The company has been experiencing rapid growth in both the US and EMEA markets. Contact Ephesoft at (949) 335-5335.

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Ike Kavas
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