SOURCE: PSIGEN Software, Inc.

PSIGEN Software, Inc.

February 06, 2012 07:49 ET

PSIGEN Continues Rapid Growth Trend: Fiscal Year Revenue up 91% at Half Way Mark

IRVINE, CA--(Marketwire - Feb 6, 2012) - PSIGEN Software, Inc., the leader in advanced document capture and scanning solutions, has reported record growth for the first half of their fiscal year, growing over 91% over last years' results. Growth has come from a strong domestic market, expansion into Europe and APAC, and a long list of competitive capture replacements. The most recent quarter also included several large contract signings for services and OEM deals which will significantly boost revenue through 2012 and beyond.

"A key focus on customer satisfaction and delivery of market demanded features has led to key follow on sales and a large number of competitive replacements," said Bruce Hensley, President of PSIGEN. "We are starting to see a large and growing referral market that has led to PSIGEN displacing incumbent capture providers."

This quarter PSIGEN will release version 4.5 of its flagship product PSI:Capture Enterprise. This latest version will feature significant performance enhancements for document scanning, integrations with several new Document Management Systems and a bevy of features focused on helping reseller and distributor partners to drive new lines of business.

About PSIGEN

PSIGEN Software is the innovative leader in advanced document capture and document scanning software. Since 1995, PSIGEN has provided software to improve all the processes around the conversion of paper to digital documents. The solutions focus on cost reduction, flexibility, standardization, and improved efficiency. PSIGEN delivers these solutions through a network of resellers and distributors in the US and abroad. For more information, visit www.psigen.com.

"PSIGEN" is a registered trademark in the US, the EU and other countries. All other trademarks and registered trademarks belong to their respective owners.

Contact Information

  • CONTACT:
    PSIGEN Sales and Marketing
    Stephen Boals
    V.P., Sales
    Email Contact
    949-916-7700 x230