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TISA lands order from Office Depot


Published :
Tue, 16 Jan 2007 15:00
By : Agencies
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NEW YORK (AFX) - Top Image Systems Ltd., an Israel-based maker of data management systems, said Tuesday it received an order from Office Depot Inc. to manage the office-supplies retailer's European facsimile orders.

Top Image said Office Depot will install its eFlow system to streamline incoming fax orders at the company's Venlo, Netherlands, facility. Office Depot receives more than 5,000 handwritten fax orders per day at the site.

Top Image did not disclose the financial terms of the deal. In electronic premarket trading, the company's shares surged 73 cents, or 20 percent, to $4.40.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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