DocuLynx Acquires Anacomp’s docHarbor Online & Document Management Divisions

OMAHA, Neb.--()--www.doculynxinc.com — DocuLynx Inc., a leading provider of document archive and retrieval, electronic distribution, and web presentment solutions, announced today the acquisition of the docHarbor Online and Document Management divisions of Anacomp, a 42-year old company that specializes in business process solutions. The acquisition significantly increases DocuLynx’s already robust document archive and retrieval capabilities.

Under the terms of the agreement, DocuLynx acquired the docHarbor Online and Document Management divisions of Anacomp for a purchase price of $27.5 million effective as of September 1, 2010.

Anacomp’s established computer output microfiche (COM) capabilities; CD services; document scanning; report printing; analog to digital conversion; docHarbor online web presentment solution; and proven business processes combined with DocuLynx’ extensive portfolio of industry-leading digital Mercury software solutions provides a unique opportunity for business environments with deployed microfiche-based document management systems as well as those with digital systems requirements. Additionally, the acquisition expands DocuLynx’s service provider customer base to include several verticals where Anacomp has an entrenched presence, including banking and finance, manufacturing, insurance, healthcare, telecom, government and utilities. The Anacomp divisions are expected to be fully integrated into the business model of DocuLynx.

“The acquisition of these business units from Anacomp makes it possible for DocuLynx to provide enterprises with a full spectrum of capabilities, as well as expand our offerings further to include document and microfilm scanning, data analytics, and enhanced security capabilities on the web,” said Terry Wieczorek, president and CEO of DocuLynx. “Broadening our scope of capabilities supports our goal as a company to continue to lead the way in this ever-evolving document management market.”

About Anacomp

The company offers information management software and services, including document scanning and indexing, digital conversion, and archiving for multiple file types. Clients have included ADP, Goldman Sachs, IBM, MetLife, and the Social Security Administration, as well as law firms and corporate counsel departments. The company, founded in 1968, takes its name from the combination of "ANAlyse" and "COMPute." For more information, visit www.anacomp.com.

About DocuLynx Inc.

DocuLynx Inc. is an information technology company whose mission is to help its customers to manage and add value to high volume computer output print streams. DocuLynx offers organizations in document-intensive industries including banking, financial, insurance, healthcare, telecom, service providers, and utilities, efficient, cost-effective ways to satisfy the requirements of their clients and ensure regulatory compliancy. DocuLynx also provides professional and systems integration services to assist organizations in the adoption of these technologies and ease the transition. DocuLynx fosters a culture that empowers its employees and encourages them to contribute fully to meet the business needs of its customers. DocuLynx was recently ranked #689 in Inc. Magazines 500/5000 Fastest Growing Private Companies in America. For more information, visit www.doculynxinc.com or contact DocuLynx Inc. at 402-339-9972.

Contacts

Emily Collins
Account Executive
Sterling Kilgore Inc.
(630) 964-8500, Ext. 228
ecollins@sterlingkilgore.com

Release Summary

DocuLynx Inc., a provider of document archive and retrieval, electronic distribution, and web presentment solutions, has acquired the docHarbor Online and Document Management divisions of Anacomp.

Contacts

Emily Collins
Account Executive
Sterling Kilgore Inc.
(630) 964-8500, Ext. 228
ecollins@sterlingkilgore.com