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Archive Systems Announces Agreement with Cytec Industries

    FAIRFIELD, N.J., July 29 /PRNewswire/ -- Archive Systems, Inc., a leading
provider of web-based hosted imaging and document storage services, announces
it has recently contracted with Cytec Industries Inc. (NYSE: CYT) to provide
its unique combination of document management solutions helping Cytec
streamline its business processes.  Archive Systems is initially deployed
within the Shared Services Department to reduce information processing time
and increase employee access to business-critical information.
    Cytec recently consolidated its Accounts Payable functions from multiple
regional offices to a centralized location in its West Paterson, NJ
headquarters.  To accommodate this transition Cytec was facing potential
increased staffing requirements to handle the in-bound flow of invoice
documents as well as to meet the need to respond to document requests from the
regional offices.  According to Gary Kawka, Cytec's Director of Cash
Management and Treasury Operations "accessing information by location was
painful".  Cytec needed to improve its process in order to deliver better
internal customer service.
    Using Archive DocuLogic, Cytec's seven domestic regional offices along
with its corporate headquarters office, can now more efficiently retrieve and
review several thousand invoices per week.  The need to make phone calls,
copies and perform manual filing functions has essentially been eliminated.
"We've gained tremendous business efficiencies," adds Kawka, who envisions
expanding the use of the Archive DocuLogic technology to other operating
departments within Cytec.
    The Archive DocuLogic web-based solution has enabled unlimited, instant
access to all paid invoices to Cytec staff in multiple offices throughout the
United States.  Through the use of customized search screens, various
departments have immediate access to documentation that previously took days
to produce.  Verifying and validating vendor payments are now done
instantaneously by end-users.  .  Without having to purchase hardware,
software or technology of any kind, Cytec gained business continuity and
disaster recovery capabilities that are inherent to the Archive Systems
infrastructure.

    About Cytec Industries
    Cytec Industries is a specialty chemicals and materials technology company
with sales in 2002 of $1.3 billion. Its growth strategies are based on
developing technologically advanced customer solutions for global markets
including: aerospace, plastics, industrial coatings, mining, and water
treatment.

    About Archive Systems, Inc.
    Established in 1991, Archive Systems is an innovative, leading force in
the records management industry, delivering today's most reliable, most
comprehensive solutions. Archive Systems' primary goal is to help companies
gain a competitive edge by improving workflow and enhancing business process
efforts. Archive Systems is committed not only to remaining technically
advanced but also to providing solid, old-line services that meet real
business needs.  Only Archive Systems has the infrastructure to deliver
Web-based image hosting, document conversion, and box storage-all from one
source.  For more information about Archive Systems and its products and
services you may visit their Web site at http://www.archivesystems.com.

     Contact:
     Andrew Koval
     Archive Systems, Inc.
     800-899-3975 x1331
     akoval@archivesystems.com


SOURCE Archive Systems, Inc.




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Related links:
  • http://www.archivesystems.com
    CONTACT:
    Andrew Koval of Archive Systems, Inc.,
    1-800-899-3975, ext. 1331, akoval@archivesystems.com