Siemens Chooses Perceptive Intelligent Capture for Accounts Payable Automation in Global Shared Services

Fortune 50 Company to Implement Scalable, Language-Agnostic Platform for Document Processing

Ashburn, Va., (PresseBox) - Perceptive Software, creator of process and content management products and solutions, announced today that Siemens, a Fortune 50 company, has selected Perceptive Intelligent Capture, powered by Brainware for the automation of accounts payable operations within the company's European Shared Services Center in Germany. .

The customer will implement Perceptive's intelligent data capture platform for the processing of more than 1.5 million invoices annually, with the possibility of expanding these capabilities to other document-driven routines throughout the organization.

"Siemens operates in most of the world's countries, and therefore requires a highly scalable solution that accommodates numerous languages and compliance standards while eliminating manual data entry," said Carl E. Mergele, Executive Vice President and General Manager of Perceptive Capture (formerly Brainware). "This contract represents another clear example of Capture's value proposition as an enabler of world-class efficiency and process transparency within the framework of global shared services."

Siemens AG (FWB: SIE, NYSE: SI) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. The company is the world's largest provider of environmental technologies. In fiscal year 2011, revenue from continuing operations totaled €73.5 billion and income from continuing operations €7.0 billion. As of September 2011, Siemens had around 360,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.

About Perceptive Software (www.perceptivesoftware.com)

Perceptive Software, a Lexmark company (NYSE: LXK), builds enterprise content management and business process management software to help organizations fuel greater operational efficiency. Organizations around the world rely on Perceptive Software ECM and BPM solutions to optimize business processes and give users the most relevant information to make the most effective decisions at any point in the process, wherever they are.

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