Information is read from, for example, from paper or from emails, faxes, and electronic documents. Philadelphia Real Estate may find it difficult to be quoted properly. Top image systems was founded in 1991 and is listed as a public company on the NASDAQ and TISA. The company is headquartered in Israel (Tel Aviv), with offices in Germany (Cologne), United Kingdom, China, Japan, and North and South America. Worldwide, TIS has 200 employees and markets its solutions in more than 40 countries, with focus on the European market. TIS operates a multi-level network of system integrators, distributors and strategic partners who are leaders in their field. These include SAP, IBM, Accenture, Atos Origin, Fuji / Xerox, CACI, Kodak, Konica Minolta, Unisys and Fujitsu.

For more information see 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: thesis 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 limited to emergency, risks in product development plan and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the company and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, quarterly onto the fluctuations in sales of products in the data capture market (where in general the fourth quarter is the strongest and the first quarter is the weakest), TIS Japan, litigation (including litigation over the company’s ability to successfully integrate intellectual property rights), general economic conditions and other risk factors in the company’s detailed most recent annual report on form 20-F and other words filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly DIS claim any obligation to, update or alter our forward looking statements, whether as a result of new information, future events or otherwise. Editorial Contacts: Dana Rubin Director of corporate marketing and investor relations top image Systems Ltd. Tel: + 972 3 7679114 Stefanie Kobke Marketing Manager EMEA top image systems Germany Media Park 8 50670 Cologne Tel: + 49 221-93313-100 fax: + 49 221 93313-500 Dr. Martina Ludewig PR agency of good news! GmbH Colberger road 36 23617 Stockelsdorf Tel: + 49 451 88199-14 fax: + 49 451 88199-29