CIGNEX And Ephesoft Today Announces Global Alliance To Help Clients Lower TCO On Their ECM Implementations By Up To 90%

Online, May 31, 2011 (Newswire.com) - CIGNEX & Ephesoft announces today that they have signed a global alliance to provide integrated Open Source based Enterprise Content Management and cloud-based Document Capture solution to clients.

Don Field, CEO of Ephesoft highlighted, "With this alliance, we aim to offer our clients the best of breed Enterprise Open Source ECM solutions along with the new age Cloud based technologies for mailroom automation and document capturing. Leveraging the Open Source dictum, we are confident of providing our clients up to 90% reduction on the Total Cost of Ownership (TCO) of their IT investments on ECM solutions over equivalent proprietary technologies".

"Adoption of Commercial Open Source ECM solutions by Fortune 2000 companies has gone up manifold in the last 18 months. Our global clients are now expecting end-to-end Open Source ECM solutions that provide cutting edge technologies at the significantly lower costs they have experienced. Our alliance with Ephesoft helps CIGNEX to meet the requirements of cloud-based document capture and mailroom automation solutions that is the logical next step to the ECM implementation", commented Munwar Shariff, CTO & EVP-EMEA, CIGNEX.

About Ephesoft (www.ephesoft.com) - Ephesoft is a new company using state-of-the-art business tools with a 21st century business model to deliver high performance software using the Open Source framework. Together the key employees have many decades of direct experience delivering advanced capture solutions to Fortune 1000 customers worldwide. Through these experiences, they have learned what customers need to drive their businesses forward in changing economic times.

About CIGNEX (www.cignex.com) - CIGNEX Global Holding Corporation is the global leader in commercial Open Source & SAP Connect solutions for over 10 years providing solutions across Web Content Management, Portals & Social Collaboration, eCommerce Asset Management, Documents & Records Management, Business Process Management, Business Intelligence, ERP & CRM and SOA. Headquartered in Santa Clara, CA with offices in Colorado, Florida, Michigan, Texas, New Jersey, United Kingdom, India, Singapore, Malaysia and Thailand and 400+ employees, CIGNEX has helped in improving client profitability by delivering commercial Open Source solutions to over 200 global customers.

For more information, please contact

Munwar Shariff
CTO & EVP-EMEA
CIGNEX
[email protected]

Don Field
CEO
Ephesoft
[email protected]