|
Founded in 1985, SwiftView develops software and services used by organizations worldwide for
viewing, printing, delivering and accessing online documents and drawings. Based near Portland, Ore.,
SwiftView has been named one of Oregon's fastest growing technology companies for three years running
and one of the state's fastest growing private companies for the past four years. In 2006,
SwiftView was acquired by eLynx, a portfolio company of American Capital Strategies Ltd. (NASDAQ: ACAS).
History
SwiftView co-founders John Corrigan and Randy Prakken
began developing software for aerospace companies in the early 1980s. In 1985, they formally incorporated
Northern Development Group to engineer custom software products for major corporations such as NCR, Chrysler
Corporation and Aspect Development. They launched SwiftView in 1991 - a viewer that converts PCL and HPGL
print files into portable electronic documents and drawings - to rave reviews. Nine years later, the company
capitalized on the rising popularity and recognition of the viewer by officially changing its name to
SwiftView, Inc.
SwiftView's advanced technology and innovative licensing methods - including the 1997 release of LAN and
Web site licenses, which provide document and drawing access to an unlimited number of users - propelled
growth through the 1990s at a rate of nearly 50 percent per year. New product launches in 1999 and 2000
expanded the company's product line from a single Viewer to a complete toolbox for creating efficient and
accurate portable electronic document and drawing packages. In 2005, SwiftView released SwiftConvert and
SwiftView Pro, products which convert documents and drawings from PCL, HPGL, or TIFF data formats
into PDF, PostScript, PNG, text or other formats. SwiftView Tools are updated regularly to meet new document
standards, suchs as JBIG-2 and PDF/A.
Addressing the growing demand for Web-based services and the particular need for secure document transmission
in the financial services industry, SwiftView rolled out SwiftSend LoanDocsŪ in 2001. SwiftSend - a secure,
Web-based enterprise solution - gained significant market share fueled by its unique combination of
usability and reliable delivery. In 2006, SwiftView was acquired by eLynx, a portfolio company of
American Capital Strategies Ltd. eLynx's SwiftSend now securely delivers thousands of document sets through
the Web each day for a rapidly growing number of lenders.
|