Omtool Expands Document Workflow Relationship with HP

Omtool, Ltd. (Nasdaq: OMTL) today announced an agreement under which AccuRoute, Omtool’s flagship document routing solution, will be offered by HP with its multi-function printers to customers in document-intensive industries, including legal, financial services and healthcare vertical markets. Due to the strong and increasing demand by customers for distributed document capture, Omtool has been working to deliver the AccuRoute solution with HP MFPs. The need for secure document routing is business critical for companies with compliance-related initiatives and corporate imperatives such as disaster recovery, secure communications, document retention, accessibility and corporate transparency. Many companies have addressed electronic document workflows, but not their paper-based communications. This has created a potential vulnerability in achieving full compliance with federal regulations and rigorous corporate mandates. Now, companies have the opportunity to more effectively manage these risks with the combination of Omtool's AccuRoute and enterprise printing options from HP. For example, Omtool and HP have provided a secure document routing solution for a top 10 investment brokerage firm. The company realized its fax machines – a critical way of doing business – could present some security challenges. With a customized version of Omtool’s AccuRoute software and the adoption of HP LaserJet M4345 MFPs, the client was able to secure paper-based communications throughout the organization. In this way, it was able to meet its compliance requirements while increasing user accessibility and ease of use. "The combined features of AccuRoute software and HP printing solutions provide a highly scalable and cost-effective distributed document handling solution delivered to end-users where they need it most - whether it’s at the desktop or any networked HP device located throughout an enterprise,” said Robert L. Voelk, Omtool’s chairman, president and chief executive officer. "The open architecture of the HP MFPs has enabled us to deliver highly specific and tightly integrated applications for our mutual customers and as a result of our agreement, the market can take advantage of complete document routing solutions directly from HP.” "Omtool’s development of AccuRoute for HP devices supports our mission of providing customers with new document workflows with powerful applications that convert paper to digital files,” according to Chris Privon, vice president, LaserJet Business, HP. "HP imaging and printing solutions solve a broad range of paper-based challenges that businesses face today and we are excited to work with Omtool to solve our customers’ document handling problems.” About Omtool, Ltd. Omtool, Ltd is a leading provider of document handling solutions that simplify the integration of paper and electronic documents in enterprise information management systems. Our flagship product, AccuRoute, streamlines the capture, conversion and communication of paper and electronic documents, enabling fast, secure, simultaneous distribution to multiple destinations in multiple formats. Available at any network-enabled scan device or from user’s desktop computers, AccuRoute provides faster, more efficient workflows, while reducing cost, complexity and risk. Omtool solutions are used worldwide by businesses in document-intensive industries that demand secure handling, integration and tracking of documents in full compliance with a range of regulatory requirements. Based in Andover, Massachusetts with offices in the United Kingdom, Omtool can be contacted at 1-800-886-7845 or www.omtool.com. This press release may contain forward-looking statements, including statements regarding Omtool's future financial and operating performance; customer interest in and acceptance of Omtool's products; long-term sales strategy; distribution channels; and the future plans of Omtool's management. These forward-looking statements are neither promises nor guarantees, and are subject to risk and uncertainties that could cause actual results to differ materially from the expectations set forth in these forward-looking statements, including but not limited to, risks associated with Omtool’s business, including introduction of new product offerings, concentration of all products in the electronic document exchange market, focus on specific vertical markets; Omtool’s strategic focus on new vertical markets; and those other risk factors described in Omtool's periodic reports and registration statements as filed with the Securities and Exchange Commission. Reported results should not be considered an indication of future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Omtool undertakes no responsibility to update any such forward-looking statements.