Imaging ISVs Report Strong Quarters

Kofax and Snowbound Software, two developers of document imaging-related software, have announced strong quarters for the first three months of 2011. Kofax, which specializes in document capture software, reported that revenue was in-line with projections of 14% growth for its fiscal 2011, which ends June 30. Snowbound, which markets imaging SDKs and viewers, reported record quarterly sales that were 10% higher that sales in Q1 2010.