DALLAS, May 12, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Top Image Systems Ltd. (Nasdaq:TISA). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Top Image Systems Ltd. (TISA) is an innovator of enterprise solutions for managing and validating content entering organizations from various sources. TISA markets its platform in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers as well as strategic partners.
TISA operates internationally with branch offices in the United States, Germany, the UK, Latin America, Singapore and Japan, and local representatives across Europe and the Pacific Rim. The Company's R&D is headquartered in Tel Aviv, Israel.
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In the report, the analyst notes:
"TISA shares spiked on Wednesday after the Company reported a swing to profit in its first quarter from a loss last year. The stock garnered enough momentum to reach a new 52-week high of $2.39 during the session. According to TISA CEO Dr. Ido Schechter, the Company saw significant progress in its new growth areas in the recently reported quarter."
"The Company reported first-quarter revenue of $7.2 million, up 36% from the year-ago quarter figure of $5.3 million. Its product revenues were $4.2 million, as compared to $2.4 million in the same period of 2010, while service revenues rose from $2.9 million to $3 million."
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