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Newgen Software Technologies Limited Regulatory Filings 2021

Dec 10, 2021

61831_rns_2021-12-10_f650de3b-a789-415c-970d-308efec5aefb.pdf

Regulatory Filings

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Newgen Software Technologies Limited

CIN: L72200DL1992PLC049074

Regd. Office: A‐6, Satsang Vihar Marg, Qutab Institutional Area, New Delhi ‐ 110 067, INDIA Email: [email protected] URL: https://newgensoft.com Tel.: (+91)‐11‐4077 0100, (+91)‐11‐2696 3571, 2696 4733, Fax: (+91)‐11‐2685 6936

Date: 10[th] December 2021

BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400001
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block,
Bandra- Kurla Complex
Bandra (E), Mumbai – 400051
Ref.: Newgen Software Technologies
Limited
(NEWGEN/INE619B01017)
Scrip Code–540900
Ref.: Newgen Software Technologies Limited
(NEWGEN/INE619B01017)

Sub.: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Ref.: Grant of Patent

Dear Sir/ Ma'am,

We are pleased to inform you that Newgen Software Technologies Limited has been granted a patent by the Indian Patent Office-Government of India, for an invention entitled “Integrated Capture and Analysis of Documents” for the term of 20 years commencing from 14[th] January 2011 in accordance with the provisions of the Patents Act, 1970.

In this regard, we are hereby enclosing Press Release.

This is for your kind information and record.

Thanking you.

For Newgen Software Technologies Limited

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Aman Mourya Company Secretary

Encl.: a/a

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Press Release

Newgen Secures Patent for Integrated Capture and Analysis of Documents

Patent to further strengthen Newgen’s Contextual Content Services Platform capabilities

December 10, 2021: Newgen Software, a global provider of low code digital transformation platform, has announced that the Indian patent office has granted a patent (No. 383940) for its invention entitled “Integrated Capture and Analysis of Documents.” This is for a term of 20 years commencing from January 14, 2011, in accordance with the provisions of the Patents Act, 1970.

This patent protects the invention to automatically capture the best quality document images using mobile or tablet devices with the help of real‐time calibration of parameters, such as distance of capture, ideal resolution, etc. An analysis and relevant enhancement/correction of the document image quality is done, and an acknowledgment is sent. It also establishes the validity of the document through photos, signatures, etc.

“We are delighted with the issue of this patent. This underlines our commitment to constantly deliver state‐of‐the‐art products and solutions. This invention will reduce organizations’ dependence on bulky devices and help them leverage the processing power of mobile devices to effectively capture, analyze, and process document images,” said Virender Jeet, CEO, Newgen Software.

Newgen has filed 44 patents till date, out of which 21 have been granted in India and the US. The patents acquired by Newgen further strengthen its leadership in building cutting‐edge, industry‐ specific applications and driving digital transformation.

Annually, Newgen invests 9‐10% of its revenue on research and development and has a skilled team of about 500 people with deep domain expertise.

About Newgen Software Technologies Limited:

Newgen is a leading provider of low code digital automation platform. Globally, successful financial institutions, insurance, government, and shared services organizations rely on Newgen’s industry‐ recognized products and applications—to manage their processes (BPM), content (ECM), and communications (CCM)—for connected operations. From customer onboarding to service requests, from loans and deposits to underwriting, and many more, Newgen’s industry applications transform business‐critical operations with agility. Newgen’s cloud‐based platform enables digital transformation initiatives for superior customer experience, optimized costs, and improved efficiencies.

For more details, visit www.newgensoft.com

Media Contact: Investor Contact:
Meenakshi Arora Deepti Mehra Chugh
[email protected] [email protected]