SANTA CLARA, CA--(Marketwire - Nov 14, 2011) - Document Capture Technologies, Inc. (OTCBB: [ DCMT ]), a global IP-driven leader in the design, development, manufacture and sale of advanced imaging technologies for over a decade, today announced third quarter 2011 revenues of $5.3 million, up 48% over Q3 2010. For the first nine months of 2011 (as at September 30), revenues were $12.7 million, up more than 24% over the same period 2010.

Q3 2011 revenues are the highest in the Company's history. DCT also delivered Q3 fully diluted income of 3 cents a share for the quarter and breakeven for the first nine months of 2011. DCT's revenues have risen each quarter for the past two years.

Operating expenses were up slightly over Q3 2010 at $1.75 million. EBITDA* (earnings before interest, taxes, depreciation and amortization) at $640,000 was almost 10 times ahead of the same quarter 2010. DCT continues to be debt free, with cash on hand of $913,000, working capital of $5.3 million and a further borrowing capacity of $1.7 million. Profit margins approached 39%.

"For the eighth consecutive quarter, through the worst economic landscape in a generation, DCT continues to deliver consistent revenue growth as we execute our aggressive business plan," said David P. Clark, Chief Executive Officer of Document Capture. "Q3 revenues are the best so far in our history and management remains confident that the momentum of our global sales and partnership initiatives will continue this trend and deliver a record 2011 and beyond."

Conference Call Details

Interested participants should register for the call 10 minutes prior to 4:30 pm Eastern on Monday, November 14^th, 2011. Dial 877-407-8035 when calling within the United States, or 201-689-8035 when calling internationally.

Following the call, there will be an open question and answer session with the participants.

Playback will be available until November 28^th, 2011. To listen to the playback, dial 877-660-6853 when calling within the United States, or 201-612-7415 when calling internationally. Use Account number 286 in conjunction with replay ID number 382403.

This conference call is also available via webcast and can be accessed by [ clicking here. ]

About Document Capture Technologies

Document Capture Technologies (OTCBB: [ DCMT ]) is a worldwide leader in the design, development, manufacturing, and sale of USB powered mobile page-fed document capture platforms. DCMT provides more than 30 different products across multiple distinct categories, which are distributed globally through private label solutions to leading Tier 1 OEMs, VARs and other system integrators, including Brother, Burroughs Payment Systems, Digital Check, NCR and Qualcomm.

For additional information, please see Document Capture Technologies' corporate website: [ www.docucap.com ].

This press release is neither an offer to sell nor the solicitation of an offer to buy any securities of DCMT.

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. DCMT undertakes no obligation to update publicly any forward-looking statements.

*The Company is providing a non-generally accepted accounting principles financial measure, EBITDA (specifically defined by the Company as operating earnings before interest, taxes, depreciation included in operating expenses and amortization), because (i) the Company believes that this figure is helpful in allowing individuals to assess the ongoing financial performance of the business; (ii) the Company uses EBITDA, along with other GAAP measures, as a measure of profitability because EBITDA helps the Company compare its performance on a consistent basis by removing from its operating results the impact of non-cash expenses; and (iii) non-GAAP performance measures provide an additional analytical tool to clarify the Company's results from operations and helps the Company to identify underlying trends in its results of operations.

EBITDA is a non-GAAP measure and has limitations because it does not include all items of income and expense that impact the Company's operations. Management compensates for these limitations by also considering the Company's GAAP results. The non-GAAP financial measure the Company uses is not prepared in accordance with, and should not be considered an alternative to, measurements required by GAAP. Following is a reconciliation of operating income (loss) to EBITDA (in thousands):