Top European Bank Chooses Kofax Mobile Capture™ Platform

Mobile Apps Will Enable Smartphones and Tablets to Capture Bills and Supporting Documents for Mortgage, Loans and Other Applications

Kofax® Limited (NASDAQ and LSE: KFX), a leading provider of smart process applications for the business critical First Mile™ of customer interactions, today announced that a top European bank that operates globally expanded its investment in Kofax solutions, licensing the Kofax Mobile Capture™ Platform. The customer chose Kofax because it offers the flexibility to create and deploy multiple consumer-friendly mobile capture applications while leveraging a single platform and offering advanced reporting and analytics to provide insight into how the solution is being used.

The customer currently uses Kofax to automate its mailroom and mortgage processes. The investment in Kofax Mobile Capture Platform will enable it to seamlessly integrate all of these solutions to improve operational efficiencies and increase customer engagement.

“It’s been widely reported that financial firms across the globe are struggling to keep pace with customer demand for mobile services,” commented Drew Hyatt, Senior Vice President of Mobile Applications at Kofax. “This bank seized the opportunity to gain a competitive advantage through better technology, improved accuracy and faster time to market. With Kofax, organizations can rapidly develop and deploy any number of mobile apps on a single platform and customize them to maintain and promote their brands and other services.”

The initial investment was approximately $200,000 in software license revenue plus maintenance and closed in the current fiscal quarter.

The Kofax Mobile Capture Platform enables organizations to rapidly develop and deploy any number of mobile apps on a single platform that uses Kofax's patented and market leading image capture and perfection, real time data extraction and validation and analytics capabilities. Using this platform, organizations can speed time to market with mobile apps, achieve substantial cost savings, make better informed decisions to drive incremental revenue and free themselves of the undesirable vendor dependencies associated with alternative approaches. The Kofax Mobile Capture Platform turns smartphones and tablets into information capture devices, with more dynamic apps that meet customers where, when and how they want to engage.

Additional information and resources can be found online at Kofax Mobile Capture Platform.

About Kofax

Kofax is a leading provider of smart process applications for the business critical First Mile of customer interactions. These begin with an organization’s systems of engagement, which generate real time, information intensive communications from customers, and provide an essential connection to their systems of record, which are typically large scale, rigid enterprise applications and repositories not easily adapted to more contemporary technology. Success in the First Mile can dramatically improve an organization’s customer experience and greatly reduce operating costs, thus driving increased competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in financial services, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these through its own sales and service organization, and a global network of more than 800 authorized partners in more than 75 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.

© 2014 Kofax Limited. Kofax is a registered trademark and First Mile and Kofax Mobile Capture are trademarks of Kofax Limited.

Source: Kofax

Media Contact:Kofax® LimitedColleen EdwardsVice President, Corporate Communications+1 (949) [e-mail] Contacts:MKR Group Inc.Todd Kehrli+1 (323) [e-mail] ConsultingSophie McMillan+44 (0) 20 7831 [e-mail]