Kofax PLC : Spectrum Health Selects Kofax for Enterprise Capture Solution

Software to Automate the Processing of More Than 600,000 Documents Annually

Kofax plc (LSE: KFX), a leading provider of capture enabled business process management (BPM) solutions, today announced that Spectrum Health, a leading not-for-profit healthcare provider system based in Grand Rapids, Michigan, has selected Kofax for its enterprise capture solution. The value of the contract to Kofax exceeds $300,000.

Spectrum Health provides healthcare services through a system of nine hospitals, two physician groups and a member health plan. It will be implementing Kofax Capture, Kofax Transformation Modules and Kofax Monitor to automate the processing of over 600,000 medical claims, human resources forms and accounts payable related documents annually. The combined solution will capture and process documents as diverse as more than 200 human resources department types and patient medical charts of up to 2,000 pages each. The documents will be routed to the customer's Hyland OnBase repository for easy access by employees. As a result, Spectrum Health will lower costs, reduce manual tasks and improve efficiencies.

"Healthcare providers contend with the seemingly conflicting goals of cutting costs while simultaneously improving the quality of care," said Alan Kerr, Executive Vice President of Field Operations at Kofax. "By minimizing paper based processes through automation, organizations can reduce the time and effort associated with manual tasks to reduce costs and at the same time increase responsiveness to their patients."

Kofax Capture provides industry leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications. This can significantly reduce retrieval costs while improving regulatory and compliance efforts. Kofax Capture is flexible and scalable, enabling customers to define where and how images are captured and indexed, whether in a home office, remote branch or back office data center.

Kofax Transformation Modules (KTM) adds document and form classification, page separation, challenging data extraction and validation capabilities to Kofax Capture to drive robust capture-to-process applications. By automating what were previously labor intensive, error prone and time consuming tasks, Kofax Transformation Modules can significantly reduce labor costs, improve information quality and accelerate business processes.

Kofax Monitor provides real time monitoring and performance capabilities to ensure the operational health of Kofax Capture, and intelligent recognition and communication systems. It monitors the system's components, including scanners supporting Kofax VRS, and its business service viability, providing real time access to operational information so immediate corrective action is taken.

About Kofax

Kofax plc (LSE: KFX) is a leading provider of capture enabled business process management (BPM) solutions. For 25 years, Kofax has provided award winning solutions that manage the capture and streamline the flow of business critical information throughout an organization in a more accurate, timely and cost effective manner. These solutions provide a rapid return on investment to thousands of customers in banking, insurance, government, business process outsourcing and other markets. Kofax delivers these solutions through its own sales and service organizations, and a global network of more than 800 authorized partners in more than 70 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com.

"Kofax" is a registered trademark in the US, the EU and other regions. All other trademarks and registered trademarks are the property of their respective owners.

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