Brainware Demonstrates Prolonged Success, Outgrows Global Headquarters

Brainware Expanding Operations to Accommodate Rapid Growth

December 14, 2010, Ashburn, VA —Brainware, Inc. the leading provider of intelligent data capture and enterprise search solutions, announced today that in the wake of strong revenues and rapid personnel growth, the company will be expanding the size of its Northern Virginia-based global headquarters by 40%. To maintain pace with a growing European customer base, Brainware is also pursuing an expansion of its operations in the United Kingdom and Switzerland.

In 2010 alone, Brainware’s full-time ranks have swelled by more than 25%, and revenues have grown considerably as companies from industries as disparate as manufacturing, energy, healthcare, government, Business Process Outsourcers and others discover the substantial value proposition offered by intelligent data capture as a platform for efficiency, accuracy and visibility in processing paper-based documents across the enterprise. Brainware’s new annex will position the company to better accommodate aggressive plans to continue hiring the best and brightest professionals for expanding its prospects worldwide, as well as providing thorough implementations and knowledgeable support to current customers.

“While most businesses have seen their revenues fall and are largely forced to adopt a ‘survival mode’ mindset, Brainware’s fortunes have thrived because enabling world-class performance in back-end operations is a winning proposition regardless of economic conditions,” said Carl Mergele, Chief Executive Officer at Brainware. “Brainware Distiller offers the most powerful data extraction capabilities, the fastest processing rates, the highest rate of touchless pass, the fewest errors and the greatest insight into operations, which translates to a decided competitive advantage. Brainware’s customer base grows because the technology does what it claims.”