IRVINE, Calif.--(BUSINESS WIRE)--November 12, 2013--
Kofax(R) plc (LSE: KFX), a leading provider of smart process applications for the business critical First Mile(TM) of customer interactions, today reported it has been issued an extension on patent number 8,345,981 by the United States Patent and Trademark Office (USPTO). The patent, first issued in January 2013, covers technology that determines the validity of critical data extracted from documents captured using a mobile device by reverse matching the extracted data with a pre-existing database of that information, and correcting erroneous or suspicious data, thus ensuring its accuracy. The technology incorporated within this patent is currently being used within Kofax Mobile Capture(TM) solutions.
"Using third-party data for data scrubbing or to validate and correct information is a critical component of Kofax Mobile Capture," said Drew Hyatt, Senior Vice President of Mobile Applications at Kofax. "For example, the technology embodied in this patent allows us to expand our mobile capture capabilities to include using a postal database to correct addresses captured from driver licenses and using a biller database to correct data captured from consumer bills."
Kofax will be demonstrating part of this patented technology at FinovateAsia in Singapore on November 14. During the one-day showcase, Kofax Mobile Capture experts will highlight how this technology can turn mobile devices into powerful imaging platforms.
Kofax's intellectual property portfolio also includes patents relating to digital image quality, data capture capabilities, and business process technologies. Kofax has 24 issued U.S. patents, 15 issued foreign patents and 42 patent applications pending worldwide.
About Kofax
Kofax(R) plc (LSE: KFX) is a leading provider of smart process applications for the business critical First Mile of customer interactions. These begin with an organization's systems of engagement, which generate real-time, information-intensive communications from customers, and provide an essential connection to their systems of record, which are typically large scale, rigid enterprise applications and repositories not easily adapted to more contemporary technology. Success in the First Mile can dramatically improve an organization's customer experience and greatly reduce operating costs, thus driving increased competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in banking, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these through its own sales and service organization, and a global network of more than 800 authorized partners in more than 75 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.
(c)2013 Kofax plc. Kofax is a registered trademark and First Mile and Mobile Capture are trademarks of Kofax plc.
CONTACT: Media Contact:Kofax plc
Colleen Edwards
Vice President, Corporate Communications
+1 (949) 783-1582
colleen.edwards@kofax.com
or
Investor Contacts:
MKR Group, Inc.
Todd Kehrli
+1 (323) 468-2300
kfx@mkr-group.com
or
FTI Consulting
Sophie McMillan / Elodie Castagna
+44 (0) 20 7831 3113
kofax@fticonsulting.com
SOURCE: Kofax plc