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 24th Annual Software 500 list. In a year when software industry growth was flat overall, Captaris also moved up in the rankings.
Captaris ranked at number 201 with revenue of $86.4 million, climbing from the 225th spot on last year's list. According to John Desmond, editor of Software magazine and softwaremag.com, "The 2006 Software 500 results show that growth in the software and services industry was flat from 2004 to 2005 (the ranking year). Strong segments included security and system integration services. While much of the growth is coming from outside the U.S. in the services segment, the flattening world effect is sending some of it back, too."
"We are pleased to be recognized again on this prestigious list and proud to move up the rankings," said Jürgen Stephan, vice president of global marketing for Captaris. "Our focus on providing products that assist our customers in automating business processes -- from document capture and delivery to workflow, document archiving and retrieval -- has provided a solid foundation for the company's continued growth across the world."
"The Software 500 helps CIOs, senior IT managers and IT staff research and create a short list of business partners," Desmond added. "It's a quick reference of vendor viability."
The ranking is based on total worldwide software and services revenue for 2005. This includes revenues from software licenses, maintenance and support, training and software -- related services and consulting. The financial information was gathered by a survey prepared by King Content Co. and is posted at www.softwaremag.com.
About Captaris, Inc.
Captaris, Inc. is a leading provider of software products that automate business processes, manage documents electronically and provide efficient information delivery. Our product suite of Captaris RightFax, Captaris Workflow and Captaris Alchemy Document Management is 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 National Market under the symbol CAPA. For more information, 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 24th year. Software Magazine and softwaremag.com are owned and operated by King Content Co.
The following are registered trademarks and trademarks of Captaris: Captaris, Alchemy, RightFax, Captaris Document Management, Captaris Interchange and Captaris Workflow. All other brand names and trademarks are the property of their respective owners.