For more information, please contact:
Jason Lamon
Captovation Inc.
(952) 835-1500 ext. 33
jlamon@captovation.com 

For all other product inquiries, please contact:
sales@captovation.com

For technical support, please contact:
support@captovation.com

Captovation Names Fred Persing Eastern Sales Manager

Minneapolis, MN, February 14, 2002 -- Captovation, which develops production-level and Internet-based document capture software for the Enterprise, announced the appointment of Fred Persing as Eastern Sales Manager.  Mr. Persing’s background consists of working in channel sales for companies specializing in electronic document management and also includes hardware selling experience in the high-tech industry.  Fred brings to Captovation over twenty years of computer industry sales experience, including over eleven years of document management/imaging experience.

As Eastern Sales manager, Mr. Persing will be responsible for strengthening Captovation’s existing relationships with their Value-Added Resellers (VARs), and adding VARs in new geographical areas.   This includes presales support and account development.  Additionally, Fred will work to establish strategic alliances and OEM (Original Equipment Manufacturer) agreements with companies in the Electronic Document Management System and Records Management industries. 

Fred's knowledge of imaging and document management comes from working for such companies as Parascript LLC, Datamax Technologies, and Kofax Image Products.  His nine years with Kofax helped him acquire an in-depth knowledge of document capture.  Fred’s overall responsibilities with these companies included establishing new sales channels and geographic markets as well as new accounts.  Fred is especially knowledgeable of the government sector having established accounts with the State of New York, FBI, Weather Bureau, United States Army, United States Navy, NSA, FDA, and the Department of Labor.

“We are very excited and pleased to welcome Fred to the Captovation team,” said Ken Peterka, President and CEO of Captovation.  “Fred’s experience in the document management industry, and specifically his nine years selling document capture software is hard to match.  His overall knowledge will benefit our sales efforts greatly.”

Fred’s sales territory will include all states east of the Mississippi River including Arkansas and Louisiana and excluding Wisconsin and Illinois.  He reports directly to Ken Peterka. 

About Captovation

Captovation, Inc. is a privately held company established in 1994, which specializes in the design and development of document and Internet-distributed capture products for the document management industry.  Their software products and custom integration services provide paper-intensive organizations with the ability to streamline and tailor the document capture process to meet their needs.  eCapture, the company’s flagship product, is a suite of document capture tools for the Enterprise.  It significantly reduces the cost of ownership by streamlining the document capture process.  For more information, visit the company’s website at www.captovation.com.

©2002 Captovation Incorporated.  All rights reserved.