"InSystems is a recognized technology leader with the advanced solutions, technological capabilities and talent that will significantly bolster our information solutions offerings," said Dennis L. Rediker, Standard Register president and chief executive officer.

Mr. Rediker said "InSystems' extended relationship management and document automation solutions complement our existing e-business, document management and fulfillment services offerings.

"We also are excited by the long-term value of this acquisition, he continued. "In addition to InSystems' strong growth, there is significant upside potential by leveraging technology, talent, customer relationships and solutions across the businesses over time."

He said with InSystems' "dominant position in insurance and Standard Register's strength in banking, healthcare and other markets, there are significant opportunities to do more together."

The transaction is expected to close within 30 days, said InSystems. InSystems will operate as a wholly owned subsidiary of Standard Register, retaining its brand identity, leadership team and workforce.

"Through Standard Register, we will gain resources and insights to accelerate the development of additional InSystems solutions and extend our market reach," said Michael J. Egan, chairman CEO of InSystems.

InSystems, www.insystems.com, is a provider of document automation solutions and insurance portal software for managing extended relationships.

InSystems solutions include InSystems Calligo, an integrated document automation software to create, manage and distribute personalized, error-free documents, and automate processes including compliance filings, document fulfillment and customer service, the company said.

InSystems reports annual revenues of approximately $24 million and employs about 230 people, primarily in technology roles.

Standard Register's offerings include secure documents and label solutions, fulfillment and consulting services, and e-business solutions. Standard Register acts as a strategic partner in migrating companies from paper-based to digital processes. Annual revenues exceed $1 billion, the company said.