Press Release
MICROSOFT SELECTS OLIVE SOFTWARE FOR INCLUSION IN INNOVATION BOOK
SANTA CLARA, California, September 25, 2006 - Microsoft selected Olive Software for inclusion in its annual Microsoft Innovation Book titled Innovation Starts Here. The Microsoft Emerging Business Team recognized Olive for its ability to bring order and accessibility to information stored in various document formats across the enterprise. Olive was chosen from among thousands of companies reviewed worldwide.
Microsoft's Innovation Book provides an in-depth look at how emerging companies have partnered with Microsoft to increase revenue, reduce costs, and gain a competitive edge. For example, Olive's Viewpoint application, a solution based on Windows 2003 server architecture, is a great example of the symbiotic relationship that culminated in a multi-format document repository. The book highlights twenty five corporations that create some of the most innovative solutions for real business problems. Olive is proud to be recognized for enabling its customers to have a unified platform for searching information in paper files, microfilm, and microfiche, as well as electronic formats such as Microsoft Office documents and PDF files. It delivers this capability using extensive image recognition, content extraction, automated tagging, and XML technologies.
"Our team of dedicated engineers and sales professionals is pleased to offer joint solutions with Microsoft to ensure the longevity of the digital future", Yuval Rachmilevitz, President and CEO, Olive Software commented on the publication. "The combination of our innovative products will allow our customers unprecedented access to granular information components within documents of all types."
Olive's Platform currently includes the following products and services: ViewPointT, ActivePaper, ActiveMagazine, Archive, and PipeX.
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About Microsoft Emerging Business Team:
The Microsoft EBT works with venture capitalists (VCs) and start-up companies worldwide to enable innovation and accelerate the software ecosystem. The Microsoft EBT mission is to identify and facilitate opportunity for start-ups and VCs, acting as the single point of contact and accountability to Microsoft. Since its inception in 1999, the EBT has helped connect thousands of start-up companies with technical assistance, sales and marketing opportunities, venture capital support and other assets to give them a competitive edge.
About Olive Software:
Founded in 1999, Olive is the world leader in XML automation technologies, bridging the gap between the paper past and digital future. Olive's technology transforms any document from any source, while preserving every aspect of a document in an intelligent and open digital format. With Olive's technology, organizations, for the first time, can have a single XML-base infrastructure for every document ever created. Olive is a privately held company based in Santa Clara, California, with sales offices in Denver and New York and R&D facilities in Israel.
Media Contacts:
Olive Software, Inc.
Sasha Frey
Marketing Manager
Email: sashaf@olivesoftware.com
www.olivesoftware.com