Communication Synergy Te... (CE) (USOTC:CSYT)
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Leading Information Management Solutions Provider in Europe to
Integrate ComSynTech's Proprietary Archiving Technology with
Information Management Solutions
Communication Synergy Technologies, Inc. (OTCPK:CSYT)
(ComSynTech), a developer of radiology information management systems
and document preservation technology, announced today that it has
agreed to license its proprietary CDV Document Vault to Genus
Corporation of Warwickshire, UK. Genus will incorporate the Document
Vault archiving solution with DocFinity, an electronic document
management & workflow solution based on the award-winning software
from Optical Image Technology, Inc.
Genus provides document management solutions for over 5,000
customers in 60 countries with services that include document
scanning, microfilming, deep document storage, film scanning and
digital archiving. Genus and its related companies are worldwide
distributors of DocFinity.
Combined, the companies' software introduces a preservation and
archiving technology into a globally used document management suite
that completely eliminates dependency on originating hardware and
software for archived documents. Financial terms of the agreement were
not disclosed.
Mr. Richard Negus, Chief Executive Officer of Genus Corporation,
noted, "Document Vault eliminates the need to maintain originating
hardware and software. The independence from originating programs and
systems is a critical component of our cost containment and efficiency
objectives, and it focuses on benefits that are extremely important to
our clients. By eliminating this major stumbling block, Document Vault
offers a significantly more affordable alternative for document
preservation."
Document Vault, which incorporates patent-pending technology, is a
scalable, user-friendly electronic archiving with an analog
preservation process. It provides auto-intelligence for the annotation
and staging of documents and files that is required to properly
preserve documents for efficient retrieval. Its integration with
Genus' DocFinity content management software suite has the potential
of enhancing over 3,000 worldwide applications of DocFinity.
Document Vault provides a wide spectrum of capabilities including
document imaging, document and records management and web portal
delivery. It also handles all document formats and provides an
intuitive user interface for searching, tracking and retrieving
documents.
Dr. Seth A. Borg, ComSynTech Founder, President and Chief
Executive Officer, commented, "I see the licensing agreement with
Genus as a major step forward for us as it introduces our archiving
solution into the global market. Genus, with its world-wide customer
base to include North America, has a strong track record for
reliability, quality and customer focus which is key to its broad
customer acceptance. We believe Document Vault fully supports Genus'
commitment to deliver long-term, instant access to documents
conveniently and cost effectively."
About Genus Corporation
Genus provides solutions and systems to capture, store, access and
archive corporate information. Genus is part of the J & J Negus Ltd
group of companies based in Nuneaton, Warwickshire, UK. It has 40
staff dedicated to the provision of document records and information
management with a client base of over 5,000 organizations in over 60
countries worldwide. It is headquartered in Nuneaton and has
operations in Belgium, France, Germany, Holland and Ireland.
More information about Genus and its products and services can be
found at its website: www.genus.it.com.
About ComSynTech
Communication Synergy Technologies, Inc. develops and markets
document creation, management and preservation systems for medicine,
industry, finance, and government. Its strategy is to continue to
develop new products to improve medical practices' processes and
create information preservation technologies. The products developed
by ComSynTech provide efficiency, improve operational processes and
enhances communication quality by automating the creation, capture,
management, distribution, archiving, preservation and retrieval of
voice and word documents. ComSynTech's InFORM(tm), Document Vault and
eflash integrate with, and complement, existing information management
systems enabling rapid implementation and ease of use.
More information about ComSynTech and its products can be found at
its website: www.comsyntech.com.
Safe Harbor Statement
This release contains forward-looking statements regarding
expectations for future financial performance, which involve
uncertainty and risk. It is possible the Company's future financial
performance may differ from expectations due to a variety of factors
including, but not limited to, changes in economic and business
conditions in the world, increased competitive activity, achieving
sales levels to fulfill revenue expectations, technology advancements,
unexpected costs and charges, adequate funding for plans, regulatory
and other approvals and failure to implement all plans, for whatever
reason. It is not possible to foresee or identify all such factors.
Any forward-looking statements in this report are based on current
conditions; expected future developments and other factors it believes
are appropriate in the circumstances. Prospective investors are
cautioned that such statements are not a guarantee of future
performance and actual results or developments may differ materially
from those projected. The Company makes no commitment to update any
forward-looking statement included herein, or disclose any facts,
events or circumstances that may affect the accuracy of any
forward-looking statement.