Captaris Named One of Top 500 Companies on Annual Software 500 List
Software Magazine Once Again Ranks Captaris as One of the World’s Foremost Software Companies
Bellevue, Wash. — October 12, 2007 — Captaris, Inc. (NASDAQ: CAPA), a leading provider of software products that automate document-centric business processes, today announced that it was named
one of the top 500 software companies in Software Magazine’s 25th Annual Software 500 list.
Captaris ranked at number 225 with software and services revenue up 8.9 percent to $70.6 million. According to John Desmond,
editor of Software magazine and softwaremag.com, “The 2007 Software 500 results show that growth in the software and services
industry was healthy from 2006 to 2007 (the ranking year). The industry continues to be dynamic with more than 98 new companies
on the list this year for the first time.”
According to Desmond, the top four business sectors this year are System Integration Services/IT Consulting, Application Development,
Financial Applications and Security Tools/Systems. “The difficulty that companies have in developing and keeping their own
IT skilled workers may be driving demand for services firms,” said Desmond.
“We’re very pleased to be recognized on this prestigious list by Software magazine again this year,” said Paul Yantus, Captaris
executive vice president of Marketing and Product Development. “This ranking is also recognition by our customers and partners
that Captaris products are successfully automating critical business processes– from document capture and delivery to workflow,
document archiving and retrieval. These products will continue to provide a solid foundation for the company’s continued growth
in the U.S. and globally.”
Desmond also noted that total employee head count is up 14.7 percent from the previous year’s Software 500, reversing the
decline noted last year. “In addition, about 73 percent of the companies on the Software 500 list noted revenue growth in
2006,” he added.
The Software 500 provides a revenue-based ranking of the world’s largest software and services suppliers targeting medium
to large enterprises, their IT professionals, software developers and business managers involved in software and services
purchasing.
The ranking is based on total worldwide software and services revenue for 2006. This includes revenues from software licenses,
maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate
revenue, since many have other lines of business such as hardware. The financial information was gathered by a survey prepared
by King Content Co. and posted at www.Softwaremag.com, as well as from public documents.
About Captaris, Inc. Captaris, Inc. is a leading provider of software products that automate business processes, manage documents electronically
and provide efficient information delivery. The products of Captaris and its subsidiary Castelle, including Captaris® RightFax®,
Captaris WorkflowTM, Captaris Alchemy® and the Castelle FaxPress line of products, are distributed through a global network
of leading technology partners. We have customers in financial services, healthcare, government and many other industries,
and our products are installed in all of the Fortune 100 and many Global 2000 companies. Headquartered in Bellevue, Washington,
Captaris was founded in 1982 and is publicly traded on the NASDAQ Global Market under the symbol CAPA. For more information
please visit www.Captaris.com.
About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for nearly 30 years.
Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking
of the world’s largest software and services companies, now in its 25th year. Software Magazine and Softwaremag.com are owned
and operated by King Content Co.
The following are registered trademarks and trademarks of Captaris: Captaris, the Captaris logo, Alchemy, RightFax and Captaris
Workflow. FaxPress is a trademark of Castelle. All other brand names and trademarks are the property of their respective owners.
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