Document Capture Technologies Notes Release of SmallcapInsights.com Op-Ed Discussing Strategic Bottom Fishing?
SAN JOSE, Calif.--([ BUSINESS WIRE ])--Document Capture Technologies, Inc. (OTCBB: DCMT), an IP-driven leader in the design, development and sale of next-generation mobile scanning technologies, today announced the release of a SmallcapInsights.com article entitled, "Go Ahead, Pick the Bottom, I Dare You."
Written by the Editor of SmallcapInsights.com, a newly launched online investor portal, the Tuesday, February 17th 2009 article discusses some corporate metrics for investors to look for as they begin to return to the market. The article muses that investors should seek out stocks with cash and no debt and then look at the business.
The Editor noted: I read online that there is nearly $9 trillion in cash idling on the market sidelines. Apparently that's about 75 percent of the total market value of US companies. It hasn't been that high since 1990. While the cash on the sidelines argument is always the refuge of the perma-bull, the fact is that following eight previous peaks, the S&P shot up an average of 24 percent in six months. That would sure help the college fund.
A link to this article is available on the SmallcapInsights.com website: [ http://www.smallcapinsights.com ].
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 through 2007) in the health care, security, financial and compliance vertical markets. The company estimates that it and its licensees currently enjoy a majority share of the rapidly expanding 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.