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4-Traders Homepage  >  Equities  >  Tokyo  >  Panasonic Corporation    6752   JP3866800000

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Panasonic : Teams with Square 9 Softworks to Provide Automated Scalable Scan-to-File Capture Solution

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12/08/2016 | 04:05pm CET

Release date- 07122016 - Panasonic System Communications Company of North America, an industry-leading producer of best-in-class document management and imaging products, today announced a new strategic business relationship enabling virtually all users of its award-winning workgroup, departmental, and production document scanners to deploy fully scalable enterprise-level Capture Automation Solutions without over-stressing small- and mid-size company budgets.

'Our new alignment with Square 9 Softworks allows businesses of virtually all sizes to substantially increase the efficiency and reduce the cost of adding scanned documents to their Windows Filing System by pairing their Panasonic scanners with Square 9's GlobalCapture Convey, GlobalCapture Convey Plus and GlobalCapture Production Server solutions,' comments Panasonic's Product Manager Joe Odore.

'Like our scanners, Square 9's GlobalCapture products are dedicated to optimizing end-user utility and value,' Odore added. 'They deliver proprietary problem-solving features, rock-solid performance and industry-leading service and support at highly competitive price points. With, among many other features, their ability to create and open Windows folders on the fly, the GlobalCapture products equally benefit enterprise-level corporations with fully developed in-house Electronic Content Management (ECM) systems as well as entrepreneurial startups with no ECM platform at all.'

In addition to their ability to automatically release documents to the Windows file system while creating folder structures on the fly for systems without dedicated ECM programs, all three GlobalCapture solutions populated by Panasonic scanners can be used to feed any ECM platform, including Square 9's GlobalSearch local network and cloud products.

'Giving resellers and end users a seamless conduit between Panasonic's gold-standard scanned images and our best-in-class document technologies, Square 9 and Panasonic have built a beneficial synergy between hardware and software solutions to dramatically expand document capture capabilities,' said Ethan Voltolini, Marketing Director at Square 9 Softworks.

Square 9's top-of-the-line Document Capture Automation, GlobalCapture solution, offered as both a standalone platform and an easy and affordable upgrade to GlobalCapture Convey and Convey Plus solutions, features advanced data transformation tools, including unstructured and line item data extraction. GlobalCapture solutions offer high volume, multi-server environment support for unlimited scalability.

Please click here for more information on Panasonic scanners for healthcare and other vertical industries.

About Panasonic System Communications Company of North America

Panasonic System Communications Company of North America (PSCNA), Division of Panasonic Corporation of North America, delivers reliable technology solutions for government and commercial enterprises, nonprofit organizations, creative professionals and SMBs. Technologies include mobile computing devices and support services, point-of-sale solutions, video surveillance systems, video evidence capture and management solutions, professional displays, projectors, digital signage, video production equipment, and office communications and productivity solutions.

About Panasonic Corporation of North America

Newark, NJ-based Panasonic Corporation of North America is a leading technology partner and integrator to businesses, government agencies and consumers across the region. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and the hub of Panasonic's U.S. branding, marketing, sales, service and R&D operations. Panasonic was featured in Fortune Magazine's 2016 ranking of 50 companies that are changing the world and doing well by doing good.

About Square 9 Softworks

As a trendsetting software development firm, Square 9 is a creative force in the next generation of both on premise and cloud-enabled Content Management solutions. Intensely customer-focused and highly responsive, Square 9 delivers effective, value-driven solutions and has achieved a reputation for excellence in meeting the rapidly evolving needs of its customers.

In addition to GlobalSearch, the award winning Content Management solution platform, Square 9 has been widely recognized for its diverse portfolio of products including solutions for Document Capture Automation, Business Process Automation and Web Forms Management. Square 9 Softworks distributes its solutions internationally to more than 15,000 customers through a network of highly skilled Channel Resellers from its corporate office in New Haven, Connecticut www.square-9.com

Media Contact:

Jeff Ayers

Tel: (516) 609 9500

Email: jayers@alcharpr.com

(c) 2016 Electronic News Publishing -, source ENP Newswire

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Financials ( JPY)
Sales 2017 7 312 208 M
EBIT 2017 310 000 M
Net income 2017 144 430 M
Finance 2017 90 651 M
Yield 2017 1,89%
P/E ratio 2017 20,53
P/E ratio 2018 15,95
EV / Sales 2017 0,42x
EV / Sales 2018 0,40x
Capitalization 3 128 870 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 1 206  JPY
Spread / Average Target -5,4%
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Kazuhiro Tsuga President & Representative Director
Shusaku Nagae Chairman
Hideaki Kawai Senior Managing Representative Director
Yoshiyuki Miyabe Senior Managing Representative Director
Makoto Ishii Executive Officer & Head-Information Systems
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