Third Quarter Revenue $3.0 million, Gross Profit Margins Improve with Positive Net Income

Document Capture Technologies, Inc. (OTCBB: DCMT - News), an IP-driven leader in the design, development and sale of next-generation mobile scanning technologies, today announced the availability of third quarter 2009 financial results.

Document Capture reported Q3 2009 revenue of $3.0 million, compared to $3.0 million in the Q3 2008. Gross profit for the same period rose to $1.1 million compared to $1.0 for Q3 2008. GAAP net income available to common stockholders for the third quarter 2009 was $66,000 compared to a GAAP net loss available to common stockholders of $564,000 in the third quarter of 2008.

Fully diluted earnings before interest, taxes, depreciation and amortization (EBITDA) was $0.01 per share in the third quarter*.

“We are extremely proud of the most recent quarter as we continue to maintain sales despite the downturn, while simultaneously improving our attractive gross margins and achieving positive net income and EBITDA,” said David P. Clark, Chief Executive Officer. “We have been diligently expanding our engineering and customer service staff to meet the increasing demand for our mobile scanning solutions. As exemplified by our milestone contract with NCR this past quarter, by focusing on more feature-rich products and strengthening our research and development through customized software and hardware development, we feel we are extremely well positioned for growth going forward.”

Third Quarter 2009 Highlights

• Revenue of $3.0 million, along with positive EBITDA and net income in Q3 2009.
• Exhibited strong gross profit in Q3 2009, with gross profit margin rising to 38%, up from 34% in Q3 2008.
• Ended September 30, 2009 with working capital of $2.1 million and a current ratio of 2.3 to 1.
• Hired key engineering talent with highly-experienced design backgrounds and a combined 35 years of technical experience.
• Remained committed to significant research and development efforts to extend technology leadership in the imaging technology markets.
• Increased facility space and added international sales and marketing person to Amsterdam location.
• DCT signed agreements in Q3 2009 with Bridgeport, Digital Check and Unisys, in addition to a milestone agreement with NCR Corporation to develop remote deposit capture services using DCT’s “best of breed” USB-powered mobile terminals.

Conference Call

DCT will hold a conference call to discuss its financial results and growth for 2009 and beyond at 1:00 pm, Eastern Standard Time, on Tuesday, November 17, 2009.

Interested participants should dial 877-407-8035 when calling within the United States or 201-689-8035 when calling internationally. Please register for the conference call 10 minutes before the scheduled start time. There will be a playback available until December 1, 2009. To listen to the playback dial 877-660-6853 when calling within the United States, or 201-612-7415 when calling internationally and use Account number: 286, in conjunction with replay ID number: 337368.

This conference call is also available via webcast and can be accessed by visiting: www.trilogy-capital.com/autoir/dcmt_autoir.html

About Document Capture Technologies

Document Capture Technologies (DCT) is a worldwide leader in the design, development, manufacturing, and sale of USB powered mobile page-fed document capture solutions. Its vertical integration and innovative proprietary system development kits allow for a broad range of applications, faster time-to-market and ease of integration for its customers.

DCT has more than 45 key accounts, worldwide and a growing intellectual property (IP) portfolio that currently numbers more than 25 granted domestic and international patents as well as 3 pending. DCT maintains an aggressive IP strategy to defend its technology and market leadership position.

DCT provides more than 30 different products across five distinct categories, which are distributed globally through private label solutions to leading Tier 1 OEMs, VARs and other system integrators, including Unisys, Qualcomm, Brother and Punch Telematix.

DCT has steadily grown its business in the health care, security, financial and transportation vertical markets. The company estimates that it and its licensees currently enjoy a majority share of the rapidly expanding USB-powered mobile scanner market.

For a comprehensive investor relations portal complete with fact sheets, presentations, interviews and video, please navigate to: www.trilogy-capital.com/autoir/dcmt_autoir.html.

For additional information, please see Document Capture’s corporate website: www.docucap.com.

Forward-Looking Statements

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company’s control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Document Capture undertakes no obligation to update publicly any forward-looking statements.

* In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, DCT reports certain financial measures that may be considered non-GAAP financial measures. Generally, a non-GAAP financial measure is a numerical measure of a company's performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with generally accepted accounting principles in the United States. DCT's management believes the non-GAAP financial information provided in this release is useful to investors' understanding and assessment of DCT's ongoing core operations and prospects for the future. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. Management uses both GAAP and non-GAAP information in evaluating and operating business internally and as such deemed it important to provide all this information to investors.