Snowbound Software Continues with Record Revenue Gains in Q2 2012 (8/15/12)

Key Industry Sectors Help Fuel Growth in Document Viewing Solutions

Waltham, MA. (August 15, 2012) - Snowbound Software, the industry leader in document viewing and image conversion solutions, is proud to announce continued growth in both revenues and profits, achieving record sales levels for the firm in 2012. Snowbound has continued to make great inroads in several key industries including banking and financial services, insurance and shipping.

Snowbound’s continued record revenues reflect year-over-year growth of over 45% from 2011 to 2012. In fact, the second quarter of 2012 was the best in the firm’s sixteen-year history. Snowbound’s product development and support services continue to lead the industry with several notable versions of the company’s Java and .NET based document viewing applications and imaging development tools.

Snowbound’s image viewing and document processing systems, including powerful web-based versions, are used by some of the world’s leading companies including: seven out of ten of the world’s largest banks and financial services organizations for forms and loan processing, five of the top ten US insurance companies to expedite claims, and three of the five largest global freight firms for shipment billing and tracking – all to ensure timely transactions, streamlined document processing and better customer satisfaction.

“Snowbound’s entire product line of document viewing and image conversion applications and SDKs is built to provide flexible solutions to integrate with a wide variety of hardware platforms, enterprise content management solutions, and virtually any document or image file formats,” explained Simon Wieczner, President of Snowbound Software.

“We attribute a great deal of the credit for our growth to our extensive line of offerings - designed, developed and distributed by our great team here at Snowbound. Their dedication to creating world-class products, as well as providing the best support services, is what keeps our customers coming back to us. I’d like to extend my sincere thanks and appreciation to my colleagues and our customers!”