announcement - release of docummat version 2

New version delievers 30% improvement in compression ratios over initial product.

Documat is a compression solution for digitizing, archiving, trasmitting and retrieving of bi-level (black and white) documents.

Documat is applicable across many critical industries that require paper documents to be digitally stored ad retreived, including banking & finance records, insurance, logistics, and hospital & medical records.

The worldwide document-imaging markewt is worth US$13 billion a year, with a growth rate of 19.7% yearly according to Kodak and IDC sources.

Source: Company announcement 9th August