Archive for the ‘Document Capture Technologies Inc. DCMT’ Category

Document Capture Technologies Inc. (DCMT) in Distribution Pact with Microtek International

Thursday, June 9th, 2011

Document Capture Technologies Inc. is a global leader in the design, development manufacturing and sale of advanced USB-powered mobile page-fed document capture platforms. The company provides more than 30 different products across five distinct categories.

The company today announced that it will be the exclusive North American resource for four of the leading products of Taiwan-based Microtek International. Microtek has been the leader in scanning technologies in China for the past 20 years, holding in excess of a 40 percent market share. It holds 161 patents worldwide on its proprietary technology.

Document Capture Technologies will immediately begin marketing and selling four of Microtek’s products, including those from the ArixScan family of scanners, in conjunction with its current lines. It will also continue to develop next-generation image capture solutions through its ongoing research and development initiatives.

The agreement with Microtek immediately increases and augments the company’s already industry-leading image capture offerings across a broad range of price points and functionality. The company expects this partnership to result in major revenue opportunities for Document Capture Technologies, particularly from new clients.

For additional information on Document Capture Technologies, please visit the company’s website at www.docucap.com

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StockGuru Featured Company: Document Capture Technologies, Inc. (DCMT.OB)

Friday, April 3rd, 2009

Document Capture Technologies, Inc. is focused on the design, development, manufacturing, and sale of USB powered mobile page-fed document capture solutions. The company’s vertical integration and innovative proprietary software development kits (SDK’s) allow for a broad range of applications, faster time-to-market and ease of integration.

DCMT sells its products through a network of over 45 independent distributors and channel partners located primarily in North America but also in Europe and Asia. These distribution partners not only serve as a sales force for the company, but also provide marketing communications and technical support. To date, the company and its licensees have shipped more than 3 million scanners.

CEO David P. Clark previously held executive-level positions with both private and publicly traded companies over the past 18 years, including President of Nautical Vision, Inc., President and CEO of Homebytes.com, and President of Distribution/Director at Take 2 Interactive. He also served in business development, corporate finance, and sales and marketing at Inventory Management Systems, Inc., Creative Alliance Group, Sony, Acclaim Entertainment, and Phillips Sales, Inc.

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Murphy Analytics Initiates Coverage on Document Capture Technologies, Inc. (DCMT.OB)

Thursday, January 29th, 2009

Document Capture Technologies, Inc. (DCMT) is focused on the design, development, manufacturing, and sale of USB powered mobile page-fed document capture solutions. The company’s vertical integration and innovative proprietary software development kits (SDK’s) allow for a broad range of applications, faster time-to-market and ease of integration.

DCMT sells its products through a network of over 45 independent distributors and channel partners located primarily in North America but also in Europe and Asia. These distribution partners not only serve as a sales force for the company, but also provide marketing communications and technical support. To date, the company and its licensees have shipped more than 3 million scanners.

CEO David P. Clark previously held executive-level positions with both private and publicly traded companies over the past 18 years, including President of Nautical Vision, Inc., President and CEO of Homebytes.com, and President of Distribution/Director at Take 2 Interactive. He also served in business development, corporate finance, and sales and marketing at Inventory Management Systems, Inc., Creative Alliance Group, Sony, Acclaim Entertainment, and Phillips Sales, Inc.

DCMT’s new management team has been able to strengthen the balance sheet, complete a strategic buyout of over 50% of the shares held by the former near-majority owner, maintain strong cash flow and EBITDA, and expand the company’s key partner relationships and market opportunities. Based on the belief that the company will generate $16.8 million in revenues during the current year and deliver net income of $0.10 per share, Murphy Analytics has issued a 12-month price target of $1.50.

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