News & Events
Document Sciences and OneShield Announce Alliance Agreement
11/13/2006, 9:00AM ET
Combined solution to provide full policy, quote, rating and print capabilities
CARLSBAD, CA (November 13, 2006) - Document Sciences Corporation (NASDAQ: DOCX), a global market leader in providing customer communications management solutions, today announced an alliance agreement with OneShield, Inc., a leading provider of rating, workflow and policy administration components for the insurance industry. The agreement positions both organizations to further strengthen their presence in the insurance vertical by jointly providing leading technology and a variety of consulting services.
Built upon an open, standards-based J2EE architecture, Document Sciences' xPression® enables organizations to generate personalized and customized customer communications from a single platform. Highly flexible, scalable and secure, xPression delivers personalized and customized communications such as policies, contracts, correspondence, statements and marketing collateral for distribution via print, email and the Web, in both real time and high volume batch processing.
"We are extremely pleased to join forces with Document Sciences," says Glenn Anschutz, CEO of OneShield. "Together, we bring the talent, business expertise and technology solutions that today's successful insurers demand. OneShield's flexible and configurable Dragon application, coupled with Document Sciences' xPression, will provide organizations with bottom-line growth through process improvement and top-line improvement through superior solutions."
"We're pleased to welcome OneShield to our growing partner community," says Liza Smith, Vice President of Business Development at Document Sciences. "Combining OneShield's in-depth expertise in policy administration and workflow automation with Document Sciences' award-winning customer communications management technology will provide insurers with a single, scalable platform for automating the policy creation process and distributing highly effective 1:1 customer communications."
About OneShield, Inc.
OneShield is a leading provider of browser-based policy administration components that automate the sales and service of insurance and bond products for carriers, major brokers, and MGAs. The Dragon solution is a highly configurable tool-centric policy processing, workflow and business rules management solution serving the Property and Casualty market. Our unique solution model is built on the Dragon enterprise transaction-processing and workflow platform. All components (underwriting, rating, compliance management, workflow, data exchange, policy administration) in this platform are data-driven and configured by combining business and IT expertise to deploy products and manage your business. The Dragon tool set empowers carriers to automate processes, reduce costs, rapidly deploy new products and improve customer service. For more information about OneShield, visit www.oneshield.com.
About Document Sciences
Document Sciences is a market-leading global solutions provider for customer communications management. Our award-winning xPression software suite enables organizations to automate the creation and delivery of well-designed, highly personalized communications -- from customized marketing collaterals, contracts and policies to high-volume relationship statements and correspondence. More than 500 content-driven organizations worldwide, including over 60 FORTUNE Global 500 companies, use Document Sciences' solutions to reduce development costs by up to 90%, improve time-to-revenue by as much as 75%, and enhance the overall customer experience with highly effective 1:1 communications. Based in Carlsbad, California, with award-winning offshore services 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, Latin America and Asia. For more information about Document Sciences Corporation, call 888.4.DOC.SCI or 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 and regulatory conditions and developments; (ii) the market for dynamic content publishing software (including the emerging content processing market); (iii) market acceptance of enhancements to our existing products and introduction of new products; (iv) continued profitability of our professional services; (v) maintaining our relationships with Xerox Corporation and our other 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, 2005. We do not undertake, and specifically disclaim, any obligation to update forward-looking statements.