Thursday, February 23, 2006

TIS Posts Strong 4th Quarter

Dare we say that Top Image Systems looks like its in pretty good shape? The company recently posted a fairly strong fourth quarter, has $8 million in the bank, and appears to be headed in the right direction for both growth and profitability. I'd compared them to Captiva a few years back, but they are still a bit too small. OF course, Top Image has also struggled for years to establish a foothold in North America. But now that they have established themselves in Japan, and seem to have turned a corner, maybe NA is next - with acquistion or merger being the best route.

I wonder if EMC knows who they are?

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