News & Events
Document Sciences' xPression® Highlighted in IBM's Life Core Insurance Solution Showcased during ACORD LOMA
5/19/2005, 7:00AM ET
CARLSBAD, CA (May 19, 2005) - Document Sciences Corporation (NASDAQ: DOCX), an IBM Business Partner, will be participating with IBM during ACORD LOMA in a live demonstration that shows how straight-through-processing of a universal life policy, from data capture to policy issuance, can be achieved using a services-oriented architecture and insurance industry standards approach. Document Sciences' xPression is one of 9 application solutions that are leveraging a services-oriented architecture, web services and industry standards implemented through IBM Middleware. The demonstrations will be in IBM's Booth # 1808 and Document Sciences' Booth #1624.
"The openness of xPression's dynamic content publishing architecture allows us to combine with other enterprise vendors for straight-through processing and allows us to be part of an on demand solution," said Jack McGannon, president and CEO, Document Sciences. "Because we have pre-defined adaptors, it makes it easier and less expensive for our customers to easily integrate our technology within their environment to generate transactional or batch communications."
Document Sciences was recently named by Celent Communications in their April 2005 "Insurance Software Deal Trends" report, as a leading provider in the policy and correspondence document categories for both Life and Property/Casualty insurance.
"The Life Core Insurance solution that IBM and our initial 9 Independent Software Vendors (ISV) participated in - including xPression from Document Sciences Corporation - is an instantiation of how together we help insurance companies transform themselves into web-enabled, on demand businesses with the flexibility of choosing appropriate application function brought together through insurance industry standards (ACORD) within a services-oriented architecture," said Cindy Maike, Global Market Segment Manager, Insurance Group, for IBM. "Together IBM and our ISVs help insurance carriers to leverage their existing IT investments."
About Document Sciences
Document Sciences Corporation delivers real-time, dynamic content publishing solutions that content-driven organizations depend on to realize productivity benefits, cut costs, and increase competitiveness. Over 600 customers and partners use Document Sciences products in insurance, banking and financial services, managed-care, telecommunications, utilities and commercial print service bureaus. Customers include more than 60 Fortune 500 companies. Based in Carlsbad, Calif., with operations in Beijing, China and offices across the U.S. and in London, Document Sciences also markets its products in Europe, Australia, Canada, New Zealand, South America, Mexico and Asia. For more information about Document Sciences Corporation, visit www.docscience.com.
This press release may contain "forward-looking" statements about possible or assumed future results of our financial condition, operations, plans, objectives and performance. You can identify these statements by the fact they use words such as "believe," "expect," "anticipate," "estimate," "project," "intend," "plan" or similar expressions. Many possible events or factors could affect our future financial results and performance. This could cause our results or performance to differ materially from those expressed in these forward-looking statements. Some of these events or factors include the following: (i) national, international, regional and local economic, competitive, geopolitical and regulatory conditions and developments; (ii) the markets for dynamic content publishing software; (iii) market acceptance of enhancements to our existing products and introduction of new products; (iv) continued profitability of our professional service (v) maintaining our relationships with our distribution partners and/or other risks detailed from time-to-time in our SEC reports, including the report on Form 10-K for the fiscal year ended December 31, 2004. We do not undertake, and specifically disclaim, any obligation to update forward-looking statements.


