Press Releases

Peladon Software Partners with iKAN Software

iKAN Software to Resell Peladon Software’s DocXP™ Data Capture Suite

SAN DIEGO, Calif., October 17, 2007 – Peladon Software, a prominent developer of automated capture and document processing solutions, today announced that iKAN Software has signed an agreement to resell the company’s DocXP™ product suite. iKAN Software is an innovative online document management provider and developer of the iKAN Virtual Document Center.

 Peladon Software is the supplier of an extensive line of document processing systems and automated information capture solutions, including the DocXP™ document classification, data security, data extraction and verification software modules.

 iKAN Software has many subscribers to the iKAN Virtual Document Center with measurable results for clients across many industries.  The company plans to resell Peladon Software’s DocXP™ products for their clients needing a document processing and data capture solution.

 “iKAN Software delivers inventive document management solutions that improve operational efficiencies and customer service for their clients,” said Noel Flynn, Chief Operating Officer of Peladon Software. “Our products as well as our organizational philosophies are highly complementary. We are extremely pleased to be affiliated with iKAN Software and look forward to working with everyone at the company,” added Flynn.

"Peladon Software is an innovator within the data capture and document processing field," said Ed Amash, President and CEO of iKAN Software.  "Peladon's commitment to building relationships with partners like iKAN Software has given us the ability to offer a suite of products that now includes an automated document processing and data capture solution.  DocXP™ fills a gap in our product line, which I believe will benefit our clients in the very short term."

 About Peladon Software

 Peladon Software, a wholly owned division of Data & Research Services PLC, provides automated data capture solutions for the Banking, Insurance, Financial, Healthcare and Government markets. Peladon’s products, combined with expert services, allow companies across the globe to reduce operating costs, obtain higher information accuracy and speed processing times. Using Peladon's solutions, clients become more efficient and competitive, allowing better, faster decision making. With the depth and strength of a parent company such as DRS, a market leader in the data capture arena for more than 35 years, Peladon offers the finest automated data capture technology, combined with world class customer support.  For more information about Peladon Software, contact the company at 858-634-5405 or visit www.peladonsoftware.com.

About iKAN Software

Founded in 1999, iKAN Software is an online document imaging and information management system provider and developer of the iKAN Virtual Document Center. The company’s flagship product, the iKAN Virtual Document Center, is delivered as Software as a Service (SaaS) over secure, web-based networks.  iKAN Software offers a suite of software services and products that enhance productivity, reduce costs, fulfill legal compliance issues, and provide access to critical information. Fortune 1000 companies as well as entrepreneurial start-ups depend on iKAN to turn their paper headaches into easily accessible digital information. For more information, visit www.ikansoftware.com.

Press Contact:

Bridget Baker

Peladon Software

619-743-2899

Bridget.Baker@peladonsoftware.com

or

Noel Flynn

Peladon Software

858-634-5405

Noel.Flynn@peladonsoftware.com