Press Release

K2 and Adlib Software Partner for Document-Centric Workflow and BPM

Partnership that will deliver powerful, integrated business process management (BPM) solutions that include automated document conversion

REDMOND, Washington - October 12, 2010 - K2 and Adlib Software today announced a partnership that will deliver powerful, integrated business process management (BPM) solutions that include automated document conversion.

K2 offers a complete software platform for automating enterprise business processes, building SharePoint workflows and integrating Microsoft-based business solutions into SAP and other line-of-business systems. Its flagship product is K2 blackpearl.

Adlib Software is the global leader in document transformation solutions for organizations that need to convert high volumes of documents into searchable PDFs - for automation, for compliance to archive corporate memory and to improve competitiveness. Adlib is the only organization that provides a comprehensive range of PDF services, including conversion, optical character recognition (OCR) and publishing.

Partnered together, K2 and Adlib solve a wide variety of document-related, business processing needs for Fortune 5000 organizations in industries such as life sciences, healthcare, financial services, insurance, government, manufacturing, energy and legal.

"Converting documents to PDF is often part of an organization's critical business process where document controls are mandated," said Peter Duff, CEO of Adlib Software. "Collectively, the combination of K2 blackpearl and Adlib is an innovative solution that improves business process efficiencies across an enterprise by greatly reducing administrative costs, ensuring compliance with company and regulatory requirements, and increasing collaboration and flexibility."

K2 applications can be set up to automate and manage virtually any process that involves people and information - such as case management, procurement or inventory tracking across a variety of industries. Within any K2 process, Adlib can be used to automatically convert documents to PDF.

Together the technologies solve real business problems, especially for organizations that face rigid regulatory demands and need a fully automated solution that ensures documents can be searched and indexed or enhanced with a table of contents, a watermark, headers and footers, and more.

Daniel O'Connor, Chief Business Officer of InnovoCommerce, a partner of both K2 and Adlib Software said, "We are very excited about these two industry-leading companies coming together, as this is an ideal combination that addresses a growing demand with our customers who are looking to innovate to meet compliance standards."

"It comes down to providing difference-making value for our customers," said K2's Dave Marcus, VP for Alliances. "As K2-based solutions for document-centric content become more prevalent - contract management and employee onboarding, for example - this partnership ensures we will deliver better solutions, faster, with the best technology on the market."

About K2 (www.k2.com)
K2-based workflow and BPM solutions are deployed by a growing number of the global Fortune 100. K2 is a division of SourceCode Technology Holdings, Inc. based in Redmond, Washington, and has offices all over the world.
About Adlib Software(www.adlibsoftware.com)
Adlib Software is the leading provider of document conversion, recognition and publishing software solution that helps organizations intelligently automate the creation, assembly and distribution of PDF files in combination with critical business processes. Adlib brings over a decade of expertise supporting more than 4,000 international companies and government organizations. Adlib partners with more than 100 industry leading software vendors such as Dassault Sytèmes, EMC, ISI, K2, Lorenz, MasterControl, NextDocs, Nintex, OpenText, Qumas, Sword CTSpace.
Media Contacts:
Chris Tomeo
K2
303-482-2189
ctomeo@k2.com
Contact:
Marnie Middlehurst
Adlib Software
mmiddlehurst@adlibsoftware.com
905-631-2875 ext. 294
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