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| [December 23, 2008] |
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Document Capture Announces Investor Interview on CNBC's Power Lunch
SAN JOSE, Calif. --(Business Wire)--
Document Capture Technologies, Inc. (OTC Bulletin Board: DCMT), an IP-driven worldwide leader in the design, development and sale of USB-powered scanning technologies, today announced a CNBC interview conducted on December 22nd 2008 with Mr. Richard "Bo" Dietl, a company consultant and major shareholder of Document Capture.
"There are few people who know Document Capture and understand our outstanding potential as well as Bo does," said David Clark, Chief Executive Officer. "His history as a security expert is legendary and we value his experience and business acumen."
As a guest on CNBC's popular investor show Power Lunch, Mr. Dietl focused on a discussion of the recent allegations against money manager Bernard Madoff and gave his insights into how investors can protect themselves through a thorough due diligence process of a potential Investment.
Mr. Dietl also noted that it is important to invest in known entities which have key fundamental attributes. As a prime example, he noted his own investment in Document Capture Technologies. As he stated on the program, there is a critical need for a complete investigatory process. In DCMT's case that analysis may include key strategic relationships such as the recently announced transaction with Qualcomm. "Know what you are investing into," said Mr. Dietl.
Richard "Bo" Dietl is the founder and CEO of Beau Dietl & Associates. Specializing in corporate investigations for major international companies, BDA has grown to become one of the largest international security and investigation agencies in the country.
About Document Capture Technologies
Document Capture (DCT) is a worldwide leader in the design, development, manufacturing, and sale of USB powered mobile page-fed document capture solutions. Its vertical integration and innovative proprietary system development kits allow for a broad range of applications, faster time-to-market and ease of integration for its customers.
DCT has more than 45 key accounts, predominantly in North America and a growing intellectual property (IP) portfolio that currently numbers more than 25 granted domestic and international patents as well as 3 pending. DCT maintains an aggressive IP strategy to defend its technology and market leadership position.
DCT provides more than 30 different products across five distinct categories, which are distributed globally through private label solutions to leading Tier 1 OEMs, VAR's and other system integrators, including Qualcomm and Brother.
DCT has steadily grown its business (37% three-year organic CAGR) in the health care, security, financial and compliance vertical markets. The company and its licensees currently enjoy greater than a 70% share of the USB-powered mobile scanner market.
Forward-Looking Statements
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Document Capture undertakes no obligation to update publicly any forward-looking statements.
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