Generali Group Austria will use eFLOW to capture and extract data from incoming documents received by mail, fax and electronic means, as well as process internal documents. The resulting data and images will be exported into a workflow application and distributed to the relevant location based on pre defined criteria. As a result, Generali Group Austria will attain increased efficiency and lower operational costs, while controlling the information flow and accelerating business processes.

Generali Group Austria, with its complex organizational structure and extensive volume of incoming mail, chose TIS for its service orientation and proven experience with large companies. eFLOW solution's comprehensive functionality and flexibility, ease of customization and scalability, highly supports Generali Group's procedures and requirements.

Dimiter Kurtev, Group Leader Document Management at Generali Group Austria said: "Generali Group Austria's selection of Top Image Systems perfectly supports our strategy to continuously improve processing speed and better serve our customers and partners. We see eFLOW application as a crucial tool to increase efficiency and effectiveness of our business processes in the next few years."

"We are very pleased to have been selected by Generali Group Austria. Our experience with paper-intensive firms, such as insurance companies, allows our customers to better deliver operational efficiency and ROI at every level of their organization, while improving customer service and maintaining competitive advantage." said Michael Schrader, Managing Director EMEA at Top Image Systems. "This win, together with other recent wins, further strengthens our presence in the region."

About Generali Group Austria
Generali Group Austria is a leading general insurer, and its product line also includes other financial services. The group operates under the umbrella of Generali Holding Vienna AG. Its members in Austria include Generali Versicherung AG, BAWAG P.S.K. Versicherung AG and Europäische Reiseversicherung AG as well as Generali Bank AG, 3 Banken-Generali Investment-Ges.m.b.H. and staff benefit fund BONUS Vorsorgekasse AG. The Generali Group is Austria’s third-largest insurer with a market share of nearly 15 per cent. The Austrian Generali Group is a member of the globally active Assicurazioni Generali S.p.A. Group, which was founded in Trieste in 1831. The international Generali Group is Europe’s third-largest insurer, recording premium income of more than €70.5 billion in 2009. It operates in 68 countries. Its 85,000 employees serve more than 70 million customers. Visit www.generali.at for more information.

About Top Image Systems
Top Image Systems is the leading innovator of enterprise solutions for intelligent document recognition, data extraction and validation of content entering organizations from various sources. Whether originating from electronic, paper or other sources, TIS solutions deliver the content to applications that drive the organization, such as ERP, CRM, IPS, PPC-systems and other operational application systems. TIS' eFLOW Unified Content Platform is a common platform for the company's solutions. TIS markets its platform in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers as well as strategic partners and direct sales. Visit the company's website http://www.topimagesystems.com for more information.

Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, particularly statements regarding future operating or financial performance such as statements regarding trends, demand for our products, expected deliveries, transaction, expected revenues, operating results, earnings and profitability. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied in those forward looking statements. Words such as “will,” “expects,” “anticipates,” “estimates,” “intends,” “believes,” “plans” and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management’s current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, quarterly fluctuations in sales of products in the Data Capture market (where in general the fourth quarter is the strongest and the first quarter is the weakest), TIS’s ability to successfully integrate businesses it acquires, litigation (including litigation over intellectual property rights), general economic conditions and other risk factors detailed in the Company's most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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Company Contact
Dana Rubin
Director of Marketing and IR
dana.rubin@topimagesystems.com
+972 3 767 9100

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