Top Image Systems Regains Compliance with NASDAQ Listing Requirements

Tel Aviv, Israel, February 16, 2010 Top Image Systems, Ltd. (TIS) (Nasdaq: TISA; TASE: TISA) announced that the Company received a letter from The NASDAQ Stock Market advising that it had regained compliance with the NASDAQ's minimum bid price listing requirements.

TIS had received a NASDAQ Staff Deficiency Letter on September 16, 2009 stating that it is not in compliance with the minimum bid price requirement for continued listing set forth in Listing Rule 5550(a)(2) which requires listed securities to maintain a minimum bid price of $1.00 per share.

According to the letter from the Nasdaq, TIS was given a grace period of 180 calendar days, starting September 16, 2009, to regain compliance with the minimum bid price requirement.

The letter received from NASDAQ stated TIS's common stock has closed above the $1.00 minimum bid price for 10 consecutive trading days. Therefore, the Company has regained compliance and NASDAQ advised that the matter is now closed.

"We are pleased to be back in compliance with NASDAQ's bid rule," said Ido Schechter, CEO. "It is encouraging to see investors reacting favorably to some recent business and financial announcements we have made to improve our capital position."

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