May 6, 2010 (FinancialWire) — Top Image Systems, Ltd. (NASDAQ: TISA) (TASE: TISA) said that it was selected by Generali Group Austria to index and classify 60 million documents received annually. Following an in-depth evaluation, Top Image's eFLOW was chosen to replace an existing solution.

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 predefined criteria.

Generali Group Austria is a leading general insurer whose product line also includes other financial services. The group operates under the umbrella of Generali Holding Vienna AG, Austria's third-largest insurer with a market share of nearly 15 per cent.

Top Image Systems is a leading innovator of enterprise solutions for intelligent document recognition, data extraction and validation of content entering organizations from various sources.

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