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| Company Spotlight |
Dear Partners and Customers
It's a great honor for me to open the last newsletter for the year 2005.
We have just released the financial results for the third quarter of 2005 and are happy to inform you that we continued to meet our business and financial goals for the first nine months of the year. We are on the right track to achieve the best year ever in the history of TIS. We want to thank all of you for that and for your cooperation during the past months. I also would like to share with you some of the latest news.
After introducing eFLOW Ability, our integrated solution for invoice processing in SAP systems, we launched eFLOW German Invoice Reader. Based on the eFLOW platform, Invoice Reader enables you to shorten and simplify the implementation of invoice capture solutions. It addresses the specific needs that characterize invoice processing projects in Germany, such as managing amount's logic, suppliers, and the connection to SAP. eFLOW Ability, the connector to SAP, is integrated into Invoice Reader in all its versions. Over the coming months, Invoice Reader will be deployed in other countries as well.
We intend to follow these developments and innovations with additional pre-configured eFLOW solutions to empower partners to reach new market segments in terms of implementation and pricing, with the known scalability and flexibility of the eFLOW3 platform.
Moreover, I would like to point out, the very successful DMS (Digital Management Solutions)show in Essen, Germany, that resulted in some big opportunities for TIS Germany, which is constantly growing.
I would like to use this opportunity to thank our TIS customers and partners in Germany, Switzerland and Austria for their strong support over the past months, and wish them the best for a very successful New Year!
Sincerely,
Michael Schrader
General Manager, TIS Deutschland GmbH
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