Captaris Increases Leadership in Fax Server Software Market
December 01 2006 - 7:00AM
PR Newswire (US)
New Industry Report Also Predicts Steady Growth Ahead for the Fax
Server Market Due to MFPs and Fax Over IP BELLEVUE, Wash., Dec. 1
/PRNewswire-FirstCall/ -- Captaris, Inc. (NASDAQ:CAPA), a leading
provider of software products that automate document-centric
processes, today announced it was once again named as the overall
global leader of the fax server market in the Computer-Based Fax
Markets Report 2005-2010 from Davidson Consulting. Captaris
increased its 2005 worldwide market share for fax server software
to 31.5%, which is two and a half times as large as its nearest
software competitor. "Captaris has a strong MFP solution and is
taking further market share from the traditional fax server
vendors," wrote Peter Davidson of Davidson Consulting in the
report. "Captaris is also starting to make some progress on Fax
over IP (FoIP) systems." Other highlights from the report: --
Captaris held an even larger lead in the North American market than
it held last year. -- In the large enterprise segment, defined as
businesses with more than 5,000 fax seats, Captaris once again led
by a wide margin. -- In the mid-sized enterprise segment, defined
as businesses with from 100 to 4,999 seats, Captaris was again the
leader by a wide margin. -- In the small business market segment,
defined as businesses with up to 100 fax seats, Captaris once again
had the lead. -- The fax server market is predicted to grow at an
annual rate of 8.2% over the next five years (2006-2010). --
Multifunction printers (MFPs) could account for nearly one-third of
fax server sales by 2010. -- FoIP sales are expected to grow at an
annual rate of 50.7% over the next five years (2006-2010). --
Davidson Consulting assumes that the use of email will not
eliminate the need for fax, especially given the advantages that
fax has over email in the area of security. The report also
discussed the continued importance of fax to businesses as a
secure, compliant document delivery solution. "Fax servers sold
well in 2005 in part because corporations are interested in moving
documents in a secure manner, and that translates into fax," said
Davidson. "Corporations like fax because they like business process
automation. They want to know that the document's transmission is
secure, that messages can be audited, that they can be stored in a
central repository and searched for quick retrieval, that messages
can be received in confidentiality and moved from place to place as
the need to process them arises." Captaris RightFax is the proven
market leader in enterprise fax and document delivery software. It
delivers reliable and robust solutions to integrate and automate
the flow of fax, paper and electronic documents and data, enabling
enterprises to drive revenue, cut costs and meet compliance goals.
About Captaris, Inc. Captaris, Inc. is a leading provider of
software products that automate business processes, manage
documents electronically and provide efficient information
delivery. Our product suite of Captaris RightFax, Captaris Workflow
and Captaris Alchemy Document Management is distributed through a
global network of leading technology partners. We have customers in
financial services, healthcare, government and many other
industries, and our products are installed in all of the Fortune
100 and many Global 2000 companies. Headquartered in Bellevue,
Washington, Captaris was founded in 1982 and is publicly traded on
the NASDAQ National Market under the symbol CAPA. For more
information please visit http://www.captaris.com/ . NOTE: The
following are registered trademarks and trademarks of Captaris:
Captaris, Alchemy, RightFax, Captaris Document Management, Captaris
Interchange and Captaris Workflow. All other brand names and
trademarks are the property of their respective owners. DATASOURCE:
Captaris, Inc. CONTACT: Barrie Locke of Ripple Effect
Communications, +1-585-377-1839, or , for Captaris, Inc.; or Dan
Lucarini of Captaris, Inc., +1-303-930-4405, or Web site:
http://www.captaris.com/
Copyright