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Clear Channel Communications Selects Brainware Distiller for Invoice Automation

Broadcasting and Promotions Giant Selects Brainware for Centralized Data Capture

March 2, 2011, Ashburn, VABrainware, Inc., the leading provider of intelligent data capture and enterprise search solutions, is pleased to announce that Clear Channel Communications has selected Brainware Distiller™ for accounts payable automation. 

“Clear Channel receives invoices from hundreds of affiliates and thousands of advertisers throughout the U.S., and Distiller allows these documents to be processed through a single, digital channel,” said Carl Mergele, Chief Executive Officer at Brainware.  “By automating invoice processing, we expect Clear Channel to experience greater efficiency, faster invoice reconciliation and better cash management.”

Founded in 1972, Clear Channel Communications, Inc. is a global media and entertainment company specializing in mobile and on-demand entertainment and information services for local communities and premiere opportunities for advertisers.  Based in San Antonio, Texas, Clear Channel operates more than 850 radio stations in the U.S. and has nearly one million outdoor advertising displays in over 50 countries.  Reaching over 154 million people, they are the top radio company in the US, both by revenue and number of stations.

About Brainware, Inc.

Brainware, part of Perceptive Software, a Lexmark company (NYSE: LXK), is an innovative provider of intelligent data capture and enterprise search solutions that help Global 2000 companies eliminate costly manual data entry, rapidly process large volumes of documents and retrieve data from across the enterprise. Its solutions were built from the ground up to manage unstructured data without templates, exact definitions, taxonomies or indexing. Headquartered in Ashburn, Virginia, Brainware maintains global sales and support operations through its North American, U.K. and European offices. For more information, please visit www.brainware.com.

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