Document Sciences Announces Availability of New Forms Tool for Property & Casualty Market
August 23 2007 - 5:00AM
PR Newswire (US)
xPressForms Automates the Creation and Delivery of Common Insurance
Documents CARLSBAD, Calif., Aug. 23 /PRNewswire-FirstCall/ --
Document Sciences Corporation (NASDAQ:DOCX) today announced the
availability of xPressForms(TM), an all-encompassing solution for
the creation, customization and management of insurance forms. Used
in conjunction with xPression(R) 3, the next generation of Document
Sciences' acclaimed xPression software suite, xPressForms speeds
the writing of new lines of business, reduces implementation costs
and eliminates custom application build-outs and lengthy form
conversions. Document Sciences leads the market in providing
customer communications management solutions for personalizing
contracts, policies, statements, correspondence and other critical
client communications. "xPressForms will help insurers
significantly streamline the process of bringing new products to
market," said Liza Smith, Vice President of Document Sciences. "We
listened to our customers and developed an unparalleled solution
that automates and simplifies forms management. xPressForms goes
far beyond traditional forms management solutions -- the entire
design and methodology is based upon customer input and best
practices derived from more than 20 years of industry experience."
Document Sciences was recently named a leading provider of document
management solutions to the insurance industry by Celent, LLC for
the fourth straight year in the firm's latest "Insurance Software
Deal Trends" report. "It can be extremely difficult for Property
and Casualty insurers to keep up-to-date with the hundreds of
industry-standard forms used throughout policy and claims
processes," said Craig Weber, Celent senior analyst. "xPressForms
is a natural extension of Document Sciences' commitment to the
insurance industry vertical and should address a key pain point for
insurers." xPressForms is part of Document Sciences' xPression 3
software suite and consists of a web-based forms management tool
for managing the entire lifecycle of forms, and a library of
industry-standard forms including ISO, NCCI and ACORD, pre-built in
an xPression-ready format. Key features of xPressForms include: --
Simplified data formatting with a data dictionary of variable
names, field definitions and naming conventions. -- Pre-populated
variable data on forms via standardized XML. -- Bi-weekly updates
of form changes or amendments. -- Tools for searching and browsing
the forms repository by name, description, form usage, and/or
variable usage. -- Straightforward form maintenance to add and
remove, import and export and enable form delivery from third
parties. -- Output to print, e-mail and web distribution channels.
-- Open architecture, enabling easy integration with most IT
environments. "We have had enormous success using xPression and
expect that xPressForms will provide additional benefits," said
Stephen Boyd, Chief Information Officer, Arrowhead General
Insurance Agency. "Having access to a large forms library should
free significant time for our business analysts and speed
time-to-market." The xPression software suite offers the most
advanced customer communications capabilities, fulfilling the needs
of organizations that want to optimize the customer experience
through the production and delivery of highly personalized
interactive business communications for print, email and the Web.
Leading property and casualty insurance providers such as ACE, AIG,
Arch Insurance Group, Arrowhead General, AXA, Kingsway Financial,
New Jersey Manufacturers, and Tokio Marine Nichido use Document
Sciences' customer communications management solutions to automate
agent-client communications, reduce document development and
distribution costs, improve time-to-market, and optimize the
overall customer experience. About Document Sciences Document
Sciences is a market-leading global provider of customer
communications management solutions. Our award-winning xPression
software suite enables organizations to automate the creation and
delivery of well-designed, highly personalized communications --
from customized marketing collaterals, contracts and policies to
high-volume relationship statements and correspondence. More than
500 content-driven organizations worldwide, including over 60
FORTUNE Global 500 companies, use Document Sciences' solutions to
reduce development costs by up to 90%, improve time-to-revenue by
as much as 75%, and enhance the overall customer experience with
highly effective 1:1 communications. Based in Carlsbad, California,
with award-winning offshore services operations in Beijing, China
and offices across the U.S., in London and Sydney, Document
Sciences also markets its products in Europe, Australia, Canada,
New Zealand, Latin America, Asia and Africa. For more information
about Document Sciences Corporation, call 888-4-DOC-SCI or visit
http://www.docscience.com/ . This press release may contain
"forward-looking" statements about possible or assumed future
results of our financial condition, operations, plans, objectives
and performance. You can identify these statements by the fact they
use words such as "believe," "expect," "anticipate," "estimate,"
"project," "intend," "plan" or similar expressions. Many possible
events or factors could affect our future financial results and
performance. This could cause our results or performance to differ
materially from those expressed in these forward-looking
statements. Some of these events or factors include the following:
(i) national, international, regional and local economic,
competitive and regulatory conditions and developments; (ii) the
market for dynamic content publishing software; (iii) market
acceptance of enhancements to our existing products and
introduction of new products; (iv) continued profitability of our
professional services; (v) maintaining our relationships with Xerox
Corporation and our other distribution partners and/or other risks
detailed from time-to-time in our SEC reports, including the report
on Form 10-K for the fiscal year ended December 31, 2006. We do not
undertake, and specifically disclaim, any obligation to update
forward-looking statements. DATASOURCE: Document Sciences
Corporation CONTACT: investors, Leslie Weller, or editors, Dane
Becker, , both of Document Sciences Corporation, +1-760-602-1400
Web site: http://www.docscience.com/
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