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Kofax Appoints Industry Veteran as Chief Accounting Officer

ynes Brings More than 20 Years of Finance Accounting Experience in Multi-National Software Companies

IRVINE, Calif.–(BUSINESS WIRE)– Kofax plc (LSE: KFX), the leading provider of Intelligent Capture Exchange solutions, today announced the appointment of Gene Lynes as its Chief Accounting Officer. In this newly-created position, Lynes will oversee the companyâs global accounting functions. He will report to Stefan Gaiser, Chief Financial Officer, and work out of the companyâs operating headquarters in Irvine, California.

âœGene is an exceptionally talented professional who brings two decades of senior executive experience leading accounting functions for publicly- and privately-held software organizations ranging in size from start-ups to $2 billion in annual revenues,â“ said Gaiser. âœHe is a strong leader who will focus on driving the implementation of processes, policies, procedures and controls that ensure timely and accurate financial reporting and enhanced compliance efforts while reducing our general and administrative costs and supporting our revenue growth initiatives.â“

Before coming to Kofax, Lynes served as Chief Financial and Operating Officer at Scantron Corporation, a leading provider of testing and assessment solutions that is part of M F Worldwide Corporation (NYSE: MFW). Prior to that, he served as Senior Vice President and Chief Financial Officer at EdVISION Corporation, a software business acquired by Scantron. A Certified Public Accountant (CPA), Lynes has also served as a Senior Audit Manager at PricewaterhouseCoopers, LLP where he led the audits of numerous technology- and software-based businesses.

âœI am pleased to be joining a dynamic organization that is expanding its global market leadership through strategic initiatives that are focused on aligning business operations and resources to maximize the value of its solutions and services,â“ said Lynes. âœThis is an exciting time to be a part of Kofax, and I look forward to helping the company realize its growth objectives.â“

About Kofax
Kofax plc (LSE: KFX) is the leading provider of Intelligent Capture Exchange solutions. For more than 20 years, Kofax has provided award-winning solutions that automate document-driven business processes by managing the transformation and exchange of business-critical information arising in paper, fax and electronic formats in a more accurate, timely and cost-effective manner. These solutions provide a verifiable return on investment to thousands of customers in financial services, manufacturing, retail, government, healthcare, business process outsourcing and other markets. Kofax delivers these solutions through its own sales and service organizations, and a global network of more than 1,200 authorized partners in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com.

âœKofaxâ“ is a registered trademark in the US, the EU and other countries. All other trademarks and registered trademarks belong to their respective owners.

Contacs:
Kofax plc
Investor Contact:
Stefan Gaiser, Chief Financial Officer
+44 (0) 800 6520 616
stefan.gaiser@kofax.com
or
Media Contact:
Michael Troncale, Director, Corporate Communications
+1 949-727-1733, x434
michael.troncale@kofax.com

Posted by on 15. April 2009. Filed under New Media & Software. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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