Kofax Announces The Planned Relocation And Expansion Of Its Operating Headquarters In Irvine, California

Kofax plc, the leading provider of Intelligent Capture & Exchange solutions, recently announced it will relocate and expand its operating headquarters to two new buildings comprising over 90,000 square feet of space at the Discovery Business Center in the prominent Irvine Spectrum Office and Industrial Complex area of Southern California. The company has signed a seven-year lease with an option to extend the lease and expand the space. The company is scheduled to move into the new facility during April 2009.

Located at 15211 Laguna Canyon Road, the new headquarters will provide Kofax with a state-of-the-art facility that includes more than 13,000 square feet of additional space to accommodate the company's anticipated growth. Featuring an open, campus-style environment and floor plan, the site includes a 64,000-square-foot, two-story building connected by a breezeway to 27,000 square feet on the ground floor of a second adjacent building.

"This advantageous move allows us to expand our operations at a per square foot cost of less than what we currently pay at our existing facility. This was made possible as a result of the weak commercial real estate market in much of the United States at the present time," said Reynolds C. Bish, Chief Executive Officer at Kofax. "The move provides high-quality, optimized space in a world-class location that will enable our organization to continue to focus on and pursue our strategic growth initiatives."

About Kofax
Kofax plc is the leading provider of Intelligent Capture & Exchange solutions. For more than 20 years, Kofax has provided award-winning solutions that automate document-driven business processes by managing the transformation and exchange of business-critical information arising in paper, fax and electronic formats in a more accurate, timely and cost-effective manner. These solutions provide a verifiable return on investment to thousands of customers in financial services, manufacturing, retail, government, healthcare, business process outsourcing and other markets. Kofax delivers these solutions through its own sales and service organizations, and a global network of more than 1,200 authorized partners in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit http://www.kofax.com/.

SOURCE: Kofax plc.