SOURCE: Document Capture Technologies

Document Capture Technologies

September 01, 2011 09:00 ET

Crystal Research Associates, LLC Releases Quarterly Update Report on Document Capture Technologies

Follow-Up to Initial Executive Information Overview Details Substantial Corporate Progress

NEW YORK, NY--(Marketwire - Sep 1, 2011) - Crystal Research Associates, LLC announced today, that it has issued a Quarterly Update to its Executive Information Overview® (EIO®) released in April 2011 on Document Capture Technologies (OTCBB: DCMT).

The original EIO and new quarterly update can be downloaded by investors for free from the Company's website at or at

From the Quarterly Report:

"DCT believes that it is well positioned to capitalize on both domestic and global opportunities in the image capture market. Revenue during 2010 increased by 29% over 2009 concomitantly with year-over-year increases in earnings before interest, taxes, depreciation, and amortization (EBITDA) and working capital and a decrease in shares outstanding. As well, the Company reports that it is debt free. Future growth is expected to be driven by a number of factors, including DCT's cash position of nearly $1.3 million at June 31, 2011, depth of management and debt-free status."

To DCT's knowledge, it ranks among the world's largest developers of USB-powered, page-fed document capture platforms today. Since its first scanner was introduced in 2002, DCT has shipped an estimated four million products for both business and personal use.

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:

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

About Crystal Research Associates, LLC

Crystal Research Associates, LLC is an independent research firm that provides institutional-quality research on small- and mid-cap companies. The firm is led by veteran Wall Street sell-side analyst Jeffrey Kraws, who is well known by the international financial media for his years of work on Wall Street and for providing consistent award-winning analyses and developing long-term relationships on both the buy-side and sell-side. He has been consistently ranked on Wall Street among the Top Ten Analysts for pharmaceutical stock performance in the world for almost two decades as well as ranked as the Number One Stock Picker in the world for pharmaceuticals by Starmine and for estimates from Zacks. Additionally, Mr. Kraws has been 5-Star Ranked for top biotechnology stock performance by Starmine.

Crystal Research Associates' unique and novel product, the Executive Informational Overview® (EIO®), is free of investment ratings, target prices, and forward-looking financial models. The EIO® presents a crystal clear, detailed report on a company (public or private) in a manner that is easily understood by the Wall Street financial community. The EIO® details a company's product/technology/service offerings, market size(s), key intellectual property, leadership, growth strategy, competition, risks, financial statements, key events, and other such fundamental information. Crystal Research Associates has offices in New York City, West Palm Beach, Montréal, and Toronto. Crystal Research Associates has been compensated by the Company in cash of forty-three thousand, five hundred dollars and four hundred thousand warrants for its services in creating this report, for updates, and for printing costs.

Forward-Looking Safe Harbor Statement

Statements in this news release regarding future financial and operating results, potential applications of the Company's technology, opportunities for the Company, and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including limited operating history, need for future capital, and economic conditions generally. Additional information on potential factors that could affect results and other risks and uncertainties are detailed from time to time in the Company's periodic reports, including forms filed with the SEC.

These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. Crystal Research Associates assumes no obligation to update any of the forward-looking statements in this release.

Contact Information

  • Contacts:
    Jeffrey J. Kraws
    Karen B. Goldfarb
    Crystal Research Associates, LLC
    P: (609) 306-2274
    F: (609) 395-9339

    Document Capture Technologies, Inc.
    David P. Clark
    Email Contact