TEL AVIV, Israel and COLOGNE, Germany, July 10, 2012 (GLOBE NEWSWIRE)
-- Top Image Systems, Ltd. (Nasdaq:TISA), a leading ECM (Enterprise
Content Management) intelligent content capture and delivery solutions
provider, announced today that the Company won an $855,000 project to
implement and deploy eFLOW(R) Digital Mailroom (DMR) at a public
administration in Singapore. The solution will optimize and accelerate
processing of all incoming documentation -- free text and forms, paper
and digital, estimated to reach a volume of tens of millions of
documents annually.

The government agency, which serves and manages documentation for the
entire population of Singapore, selected Top Image Systems for the
project because the Company is familiar with the administration's
business processes and understands their needs, as well as because of
eFLOW's proven capability to manage unstructured documents. The project
involves complex indexing and comprehension of unstructured documents
written by people with different levels of command of the English
language and from every walk of life.

The Digital Mailroom solution with its automated workflow will
significantly improve the quality and speed with which the agency
processes, audits and archives the 2-4 million forms and 8-16 million
semi-structured and unstructured documents it receives each year,
including letters, bills, statements of account, identity cards, etc.
The Digital Mailroom system will fully automate indexing and improve
workflow item creation, reducing manual work and improving
classification to achieve document recognition rates of 90% for forms
and 30% for semi-structured documents. The system is expected to go
live in the first half of 2013.

"Top Image Systems is proud to have been chosen to continue its
productive work for this governmental agency in Singapore," comments
Alex Toh, VP TIS Asia-Pacific. "Both the agency itself and the IT
consulting firm with whom they work have extremely high standards. We
are pleased that this implementation offers a public demonstration of
the technological and business value and high quality and performance
of the eFLOW platform. We know that public institutions as well as
private enterprises from all across Asia-Pacific look to Singapore to
set the bar on the application of technological innovation; therefore
we expect this project in Singapore to be the first of many similar
projects across the region."

About Top Image Systems

Top Image Systems(TM) (TIS(TM)) Ltd. is a leading innovator of
enterprise solutions for managing and validating content entering
organizations from various sources. Whether originating from mobile,
electronic, paper or other sources, TIS solutions deliver content
across enterprise applications. TIS' eFLOW Platform is a common
platform for the company's solutions which is marketed in more than 40
countries through a multi-tier network of distributors, system
integrators, value-added resellers and strategic partners. Visit the
company's website at http://www.TopImageSystems.com for more
information.

The Top Image Systems logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4212

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. Forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause our
actual results to be materially different from any future results
expressed or implied in those forward looking statements. Words such as
"will," "expects,", "anticipates," "estimates," 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, approval and introduction plans and
schedules, rapid technological change, customer acceptance of new
products, the impact of competitive products and pricing, the lengthy
sales cycle, proprietary rights of TIS and its competitors, risk of
operations in Israel, government regulation, litigation, 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.


CONTACT: Company Contact:
         Shelli Zargary
         Director of Corporate Marketing and Investor Relations
         shelli.zargary@topimagesystems.com
         +972 3 767 9114
         
         Investors:
         James Carbonara
         Regional Vice President, Hayden IR
         james@haydenir.com
         + 1 646 755 7412