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Kofax CEO Reynolds C. Bish Earns "Director of the Year" Award from the Corporate Directors Forum

24 Oct, 2008

Kofax CEO Reynolds C. Bish Earns "Director of the Year" Award from the Corporate Directors Forum

Basingstoke, October  14, 2008 – Kofax plc (LSE: KFX), the leading provider of Intelligent Capture & Exchange solutions, today announced that CEO Reynolds C. Bish has been named “Director of the Year for Companies in Transition” by the Corporate Directors Forum, an organization that promotes excellence in corporate governance. The award recognizes a director who has significantly contributed to taking a company through major changes such as its start-up, a merger, an acquisition, the sale of the company, executive management changes or other events.

Bish earned the honor for his service on the board of directors at Iomega Corporation (NYSE: IOM), a leading developer of storage and network security products. A director and member of the audit committee, he was recognized for his leadership and contributions during the company’s recent negotiations with and subsequent sale to EMC Corporation.

“Reynolds is a dynamic leader who is driven to maximize shareholder value,” said Linda Sweeney, Executive Director of the Corporate Directors Forum. “He is consistently one to ask questions and think independently about how to make a company or its performance better. When it comes to organizational change, Reynolds not only demonstrates poise and determination, but also the ability to successfully navigate through difficult challenges time and again. This honor is certainly well-deserved.”

Bish served on the board of Iomega from 2006 through the closing of its sale to EMC in June 2008. He is also a member of the board of directors and chairman of the audit committee of I-many Inc. (NASDAQ: IMAN), a leading provider of contract management software.

“I’m honored to receive this prestigious award,” Bish said. “I have a passion for helping companies to improve their performance while keeping a clear focus on shareholder value. I was fortunate to be able contribute in this manner on Iomega’s board.”

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.

About Corporate Directors Forum
The Corporate Directors Forum (CDF) was founded in 1991. Its purpose is to help directors be better directors through education and peer networking. CDF’s core beliefs are that boards are strategic assets of corporations, education makes better directors, better directors make better boards and better boards make better corporations. 

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

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