ABBYY Secures New Strategic Relationships with Compaq and Lexmark; Leading Hardware Manufacturers Include ABBYY FineReader OCR Software with New Scanners and Multi-function Devices.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--July 31, 2001 ABBYY, a world leader in document recognition and linguistic technologies, today announced two worldwide bundling agreements with leading hardware manufacturers, Compaq and Lexmark. Under the new agreements, Compaq is shipping the new Compaq S200 scanner with ABBYY FineReader(TM) 4.0 Sprint and a trial version of ABBYY FineReader 5.0 Pro. In addition, Lexmark is bundling ABBYY FineReader 4.0 Sprint with its X series multi-functional devices designed to scan, print, copy and fax. "These new partnerships add to our momentum in the U.S. -- Compaq and Lexmark will introduce the FineReader brand to millions of new scanner owners," said Dean Tang, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ABBYY USA. "Nine of the top scanner manufacturers now bundle our software, widening FineReader's market presence as the OCR-of-choice." ABBYY FineReader ABBYY FineReader 4.0 Sprint offers robust OCR OCR in full optical character recognition Scanning and comparison technique intended to identify printed text or numerical data. It avoids the need to retype already printed material for data entry. capabilities and ease-of-use features that make it quick and easy to convert paper-based documents and scanned images into editable electronic files. FineReader Sprint is based on the award-winning ABBYY FineReader engine, widely acclaimed for its superior recognition accuracy. The FineReader line of retail products has received more than 45 awards in comparative OCR tests and evaluations by leading publications around the world. Customers who register the free bundled software can upgrade to FineReader 5.0 Pro for $89.99 by calling ABBYY toll-free: 877/328-2229. The full version provides the highest level of character accuracy and format retention -- even when converting complex pages and poor quality documents. Not only is FineReader 5.0 Pro superior to other solutions, but also it's significantly less expensive than the OCR market-share leader. In the U.S., FineReader 5.0 has recently received the ZDNet Best Buy award in a comparison with ScanSoft's OmniPage Pro 11. Compaq S Series Scanner The new Compaq S200 scanner is the first Compaq scanner to include FineReader Sprint. It is designed for students, home offices and small businesses with demanding imaging needs -- from photos and school projects to business presentations with sharp text and brilliant color. Lexmark X Series of All-In-One Print Centers Lexmark now includes ABBYY FineReader Sprint in two products, the Lexmark X83 and X73 All-In-One Print Centers. These digital imaging centers combine Lexmark's inkjet print technology with scan and copy capabilities, enabling creativity and enhanced functionality for home and small office/home office See SOHO. (SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. ) users. About ABBYY USA ABBYY USA is a division of the ABBYY Software House, a world leader in document recognition and linguistic technologies. ABBYY specializes in the development of software for optical character recognition optical character recognition (OCR), method for the machine-reading of typeset, typed, and, in some cases, hand-printed letters, numbers, and symbols using optical sensing and a computer. (OCR), intelligent character recognition In computer science, intelligent character recognition (ICR) is an advanced optical character recognition (OCR) system that allows fonts and different styles of hand writing to be learned by a computer during processing to improve accuracy and recognition levels. (ICR (Intelligent Character Recognition or Image Character Recognition) The machine recognition of hand-printed characters as well as machine printing that is difficult to recognize. ), linguistics, semantics, and electronic lexicography lexicography, the applied study of the meaning, evolution, and function of the vocabulary units of a language for the purpose of compilation in book form—in short, the process of dictionary making. Early lexicography, practiced from the 7th cent. B.C. . Leading products from ABBYY include the FineReader line of OCR, ICR and OMR (Optical Mark Reader) A scanner that reads marks on specific areas of the page. See mark sensing. OMR - Optical Mark Reader software, plus FineReader development tools. Companies that license ABBYY OCR/ICR technologies include Siemens Nixdorf, Samsung Electronics, C-Technologies, Sumitomo Electric Systems, L&H/Kurzweil, Arkenstone, Banctec (Japan), Visionshape, Acer, Compaq, Microtek, OTG (1) See USB OTG. (2) (The OBJECTive Technology Group, Ltd., Alexandria, VA) An organization that was devoted to distributed computing and object technology. Founded in 1994, it augmented the object and Internet standards community and served as an intermediary between Software, Grantsmart, Lexmark, Mustek, Umax, NewSoft, Primax and Jet Fax. For more information about ABBYY, visit: www.abbbyyusa.com or contact ABBYY USA, 46560 Fremont Blvd, Suite 105, Fremont, CA 94538. Phone: 510/226-6717. Fax: 510/226-6069. E-mail: info@abbyyusa.com Note to Editors: ABBYY and FineReader names and logos are registered trademarks of ABBYY Software House. Compaq and the Compaq logo are registered trademarks of Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. . Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc. and are registered in the U.S. and/or other countries. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. |
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