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Solid looking play here.
Doing some DD on this one and I gotta say, I am impressed. Looks like they are ready to take the next step with a already very nice foundation. Got some ties to some MAJOR PLAYERS including Qualcomm and Brother!! I will be picking some up in the morning. Thanks for bringing this one to my attention!
Document Capture Expands In-Depth Management Team
New VP, Sales & Marketing Brings Extensive Experience with Fortune 500, Start-up Companies
SAN JOSE, Calif., Feb 03, 2009 (BUSINESS WIRE) -- Document Capture Technologies, Inc. (OTCBB: DCMT), an IP-driven worldwide leader in the design, development and sale of next-generation portable scanning technologies, today announced that Ms. Excelle Liu has joined the Company as Vice President Sales and Marketing.
Ms. Liu brings more than 15 years' experience as a marketing strategist and Silicon Valley technology entrepreneur. She holds an MBA in International Business from Thunderbird School of Global Management
"With DCT positioned for outstanding growth in 2009, Excelle brings exceptional skills to significantly accelerate those plans," said Bill Hawkins, President and Chief Operating Officer. "Her background includes the successful deployment of a myriad of innovative global marketing and sales strategies for international public companies as well as leading edge technology startups."
Prior to joining DCT, Ms. Liu held multiple senior management roles focused on driving global sales and marketing. Most recently, she was Director of Marketing and Communications, Strategic Markets Division, for a major international financial services company. Previous to this role, she was a Managing Partner at Paradigms Consulting Group, a management consultancy that enables high-growth technology companies to successfully enter new markets. As a Silicon Valley entrepreneur, Ms. Liu was co-founder and VP Marketing at an award winning enterprise software company that was acquired in 2005.
Ms. Liu's role at DCT will include identifying new business opportunities, developing customer-focused sales and marketing plans and launching innovative, new products.
DCT's commitment to product innovation has resulted in demand-driven products at the forefront of the paper-to-digital revolution. The proliferation of paper-to-digital green initiatives, high security demands and accelerated financial transactions require innovative ways to digitally capture, authenticate, store, share, and manage information.
About Document Capture Technologies
Document Capture Technologies (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, VARs and other system integrators, including Qualcomm and Brother.
DCT has steadily grown its business (37% three-year organic CAGR through 2007) in the health care, security, financial and compliance vertical markets. The company estimates that it and its licensees currently enjoy a majority share of the rapidly expanding USB-powered mobile scanner market.
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