IRVINE, Calif.--(BUSINESS WIRE)--Kofax® Limited (NASDAQ: KFX) (LSE: KFX), a leading provider of smart process applications for the business critical First Mile™ of customer interactions, today announced that Kofax was awarded the Global Equity Organization (GEO) 2014 Award for the Most Creative Solution. The award was made at GEO’s 15th annual conference in Miami, FL.
The GEO Awards recognize companies that demonstrate leadership and dedication in addressing the needs of employees around the world when structuring an employee stock plan. The Most Creative Solution Award celebrates the ingenuity of companies who offer premier solutions to unique challenges and set new industry standards. With the 2014 Awards, GEO recognized Kofax’s employee stock plan administration program, which allows employees to receive proceeds from option exercise and restricted stock sales in local currencies. GEO stated Kofax is able to provide “a local experience for U.S. shareholders and employees, while preserving the local experience for its U.K. shareholders and employees.”
“We’re honored to receive the Most Creative Solution Award from GEO,” said Reynolds C. Bish, Chief Executive Officer at Kofax. “Being listed on both NASDAQ and the London Stock Exchange made us work with Computershare to take a new approach to our employee stock plan administration program and we’re pleased this has resulted in expanded benefits for our employees.”
GEO was founded in 1999 to support corporate executives and equity compensation professionals dealing with the challenges of creating, managing and administering employee share plans large and small, national and global. GEO has more than 4,500 individual members representing over 1,500 companies and professional firms in more than 60 countries around the world.
Kofax is a leading provider of smart process applications for the business critical First Mile of customer interactions. These begin with an organization’s systems of engagement, which generate real time, information intensive communications from customers, and provide an essential connection to their systems of record, which are typically large scale, rigid enterprise applications and repositories not easily adapted to more contemporary technology. Success in the First Mile can dramatically improve an organization’s customer experience and greatly reduce operating costs, thus driving increased competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in financial services, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these through its own sales and service organization, and a global network of more than 800 authorized partners in more than 75 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit kofax.com.
© 2014 Kofax Limited. Kofax is a registered trademark and First Mile is a trademark of Kofax Limited.