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August 11, 2006

For further information contact:
Dave Engberg, , (610) 891-7703 ext. 1736, dengberg@vansystems.com,

Vanguard Systems, DIS Merger Expands Offerings

"Perfect fit" delivers single-source solutions

Media, PA –Vanguard Systems (www.vansystems.com) and Document Imaging Solutions, Inc (www.disolutions.com) merged today to deliver comprehensive, multiplatform Content and Records Management products and services. After months of talks and planning, today’s action creates a fit, “like two pieces of a puzzle,” says Vanguard President and CEO Dave Engberg.

Customers of the merged firms will find almost everything they need for Content and Records Management from this single source.

Vanguard delivers high volume document scanning, storage and workflow applications. DIS delivers transaction-intensive Document, Content and Records Management solutions for the PC platform.

“Now we offer a more complete line – including document and content management, records management, scanning solutions, storage solutions, and workflow,” states Engberg. “As of today, we offer a self-sufficient, turnkey solution.”

“The fit between our two businesses is amazing,” adds Woody Chambers, General Manager at DIS. “While Vanguard covers the high end, we are strongest at the micro level with Windows .NET Web-based solutions. Many of Vanguard’s customers will benefit from our sophisticated process automation and records management.”

Vanguard customers generally need high-speed scanning and high volume storage, but their retrieval needs are modest. Current DIS customers deal with smaller quantities of documents, but their transaction volumes and retrieval numbers are higher. However, each benefits from the expanded offerings. In addition, the companies serve complementary markets. Vanguard’s paper-intensive customers are in fields like finance, insurance, healthcare, and distribution. Most of DIS’ customers are manufacturers, engineering firms, utilities, and the like.

“While Vanguard and DIS had no history of competing,” notes Chambers, “this merger means we will each be able to meet the expanding needs of our current and future clients.”

Engberg adds that, with the merger, Vanguard will bring Records Management to its customer base and prospects who are clamoring for help to comply with increased federal regulations.

Independent analyst Gordon E.J. Hoke, Vice President at eVisory (www.evisory.com) agrees. “This merger makes sense because there is so much synergy and so little overlap. Rarely do we see such a good fit. Further, based on the two companies’ shared workflow, I predict a quick, smooth integration of their software solutions.”

Both Vanguard and DIS will keep their current names, staff, and facilities in the foreseeable future.