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Kodak Business Imaging Systems sells document management software

Eastman Kodak Business Imaging Systems division has sold its line of document management software products to Kofile, a new subsidiary of Dallas-based Tyler Corporation. Kofile will acquire Kodak BIS' Imagelink Business Solutions/PCPlus, Imagelink Applications Services software, Document Image Display software, Datacapture Information System, and previous versions of Kodak's Assisted Retrieval software and KAR Mainframe System. All active customer installations and software and associated hardware service contracts in the Americas are included in the sale. Service support in the rest of the world will be administered under a separate arrangement. Kofile will also contract with Kodak to provide maintenance on associated computer platforms purchased from Kodak as part of systems currently installed at customer sites. The two companies also will collaborate to complete Year 2000 compliance upgrades. Kofile will be based in Rochester, NY to facilitate the development, support and marketing of the products.

"These products complement our own extensive capabilities in the delivery and support of document management systems, and they reinforce our emphasis on the high-quality delivery of total solutions," said Tyler chairman Lou Waters. Candy Obourn, President of Kodak Business Imaging Systems, added that the deal offers a good return on the sale of a corporate asset that is outside of Kodak's core line of business. "From a business perspective, this agreement furthers our ongoing strategy to focus on our key strengths." Obourn added that the deal also "guarantees a continued high level of service and commitment to our customers, and offers an attractive employment option to the talented Kodak employees who developed and support these products."

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