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Bethel Finance news:
Top Image Systems Ltd. (Nasdaq: TISA; TASE:TISA) has won a $2 million order for its eFlow forms classification solution to process the 2011 Italian census.
The Italian authorities chose eFlow to manage the challenges of the first Italian census in which the questionnaires were distributed by post and can be submitted alternatively online, by e-mail, by post or by hand. The eFlow will digitally capture and process an estimated 660 million A4 questionnaire pages submitted by 61 million persons within four months.
Top Image has handled census data projects in over 25 countries over the last 12 years, including projects in Turkey, Brazil, Ireland, Scotland, South Africa, Italy, India, Serbia, and Belarus, and is currently working on the German census.
Top Image's share price was unchanged by midday today at NIS 9.24, after rising 1.7% on Nasdaq yesterday to $2.41, giving a market cap of $21.5 million.
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