Science & Technology
Science and Technology
Science and Technology
Tue, January 27, 2009
Document Capture Announces Availability of SmallcapInsights.com Article
SAN JOSE, Calif.--([ BUSINESS WIRE ])--Document Capture Technologies, Inc. (OTCBB: DCMT), an IP driven worldwide leader in the design, development, manufacture and sale of USB-powered mobile page-fed document scanners for OEM's, VAR's and system integrators, today announced the release of a SmallcapInsights.com article by industry veteran Dr. John Faessel.
Entitled "A Found Jewel Amidst the Rubble," Dr. Faessel discusses the undiscovered and undervalued nature of Document Capture's technologies, including recent deals, the marketplace and the Company's impressive Intellectual Property (IP) portfolio.
The article may be viewed at [ www.smallcapinsights.com ].
From the article:
The central rationale of (DCMT) building their business might best be described by Bill Gates, who wrote in his book Business At The Speed Of Thought, where he expounds about paper consumption that has continued to double every four years. Bill talks about the fact that 95% of all information in the United States remains on paper ─ compared with just 1% being stored electronically.
"Dr. Faessel has a reputation, especially amongst institutional investors, of bringing market ideas that have outstanding potential," said David P. Clark, Chief Executive Officer. "To have his insights directed toward DCT is a must-read and will be of keen interest to our current investors as well as those considering becoming shareholders."
Dr. Faessel's in-depth article discusses the relevance and potential of Document Capture's technology as the world moves ever faster toward digital solutions, including the explosive growth of Remote Capture for secure transmission of documents to enhance efficiency, shorten the payment cycle and enhance security.
DCT's commitment to product innovation has resulted in demand-driven products at the forefront of the paper-to-digital revolution. The proliferation of paper-to-digital green initiatives, high security demands and accelerated financial transactions require innovative ways to digitally capture, authenticate, store, share, and manage information.
About Document Capture Technologies
Document Capture Technologies (DCT) is a worldwide leader in the design, development, manufacturing, and sale of USB powered mobile page-fed document capture solutions. Its vertical integration and innovative proprietary system development kits allow for a broad range of applications, faster time-to-market and ease of integration for its customers.
DCT has more than 45 key accounts, predominantly in North America and a growing intellectual property (IP) portfolio that currently numbers more than 25 granted domestic and international patents as well as 3 pending. DCT maintains an aggressive IP strategy to defend its technology and market leadership position.
DCT provides more than 30 different products across five distinct categories, which are distributed globally through private label solutions to leading Tier 1 OEMs, VARs and other system integrators, including Qualcomm and Brother.
DCT has steadily grown its business (37% three-year organic CAGR) in the health care, security, financial and compliance vertical markets. The company and its licensees currently enjoy greater than a 70% share of the USB-powered mobile scanner market.
Forward-Looking Statements
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Document Capture undertakes no obligation to update publicly any forward-looking statements.
SEC Section 17(b) Disclosure: SmallcapInsights.com is a wholly owned subsidiary of a company controlled by a principal of Trilogy Capital Partners, Inc. ("Trilogy"). Trilogy has been engaged by Document Capture Technologies ("DCT") to provide investor relations services for compensation including a monthly retainer of $10,000 and three-year warrants to purchase 640,000 shares of common stock of DCT at an exercise price of $0.60, two-thirds of which vested immediately with the remaining one-third vesting in March 2009 provided Trilogy's engagement continues through the vesting date.
