Monday, November 15, 2010

Kofax and Canon Expand Digital Scanner Distribution Agreement

IRVINE, Calif.--(BUSINESS WIRE)-- Kofax plc (LSE: KFX), the leading provider of document driven business process automation solutions, today announced a new agreement between its hardware distribution business and Canon Middle East, one of the region’s leading business solutions providers. Under the terms of the agreement, Kofax’s hardware distribution business, the leading distributor of digital scanners in Europe, the Middle East and Africa, will distribute Canon's full line of market leading professional scanners throughout the Middle East, thus strengthening Kofax’s and Canon’s Middle East position in the document information management system (DIMS) sector.

“Our distribution agreement with Kofax means that we can now offer even more comprehensive document management solutions to new and existing customers across the region. Strategic partnerships are very important to Canon Middle East as they enable us to offer the best possible solutions to match customer needs. Our solutions portfolio is now stronger than ever, and, as businesses are increasingly looking at ways they can reduce, manage and control document costs, we can now offer the best and most comprehensive range on the market,” said Vishal Gohel, Product Manager, Canon Middle East.

Extending an existing pan-European distribution agreement covering 15 countries, the deal further strengthens Canon Middle East’s leading position within the DIMS market. Kofax will provide equipment distribution, service and fulfillment support. This marks a significant partnership following Canon’s decision last year to include Kofax’s VirtualReScan (VRS) software, the de-facto standard for scanning productivity and quality with all professional scanner models distributed in EMEA.

“We are pleased to expand our relationship with Kofax and further our respective market leadership positions across EMEA. We highly value the document capture expertise and technology that Kofax brings to us, and look forward to our mutual growth and success in the region,” added Gohel.

“Our customers are seeking solutions to automate high-volume, document-centric tasks that enhance efficiency, increase productivity, drive down business costs and improve profitability,” said Joachim Froning, Senior Vice President of Hardware Distribution Sales at Kofax. “This agreement demonstrates our commitment and capabilities to best assist customers in evaluating, selecting and accessing the right document capture tools to meet their needs. There has always been a great synergy between Canon and Kofax and this partnership is a natural way for us to strengthen and grow our position in the market.”