ABBYY Showcases Award-winning 6.0 OCR Product Line at COMDEX Fall; Latest Versions Provide Improved Accuracy and Enhanced OCR Functionality for the Broad Range of Users.

Business Editors and High Tech Writers

COMDEX Fall 2002

COMDEX booth #8026

LAS VEGAS--(BUSINESS WIRE)--Nov. 18, 2002

ABBYY, the technology leader in document recognition and linguistic technologies, exhibits at Comdex Fall 2002 in Las Vegas this week, demonstrating the ABBYY FineReader(R) 6.0 family of products, its latest line of award-winning optical character recognition (OCR) software. The product family includes several OCR solutions that meet the broad range of OCR needs - from the home user who wants to occasionally convert pages from books or magazines to the developer needing to integrate ABBYY's document recognition technologies into enterprise-class applications. ABBYY is exhibiting in booth number 8026.

"Over the last decade alone FineReader products have converted almost a billion pages, saving users more then 7 million days or the equivalent of 250 lifetimes," said Dean Tang, president and CEO of ABBYY USA. "Our new 6.0 line of products provides significant enhancements in OCR technology, especially word accuracy and format retention, which make OCR even more time-saving than ever before."

FineReader 6.0 Family

Based on ABBYY's most advanced recognition engine, each of the FineReader products provide superior accuracy and include newly developed background filtering technology that increases word accuracy up to 35%. In addition, each product delivers significant enhancements in format retention, preserving the whole document, including pictures, layout, tables and text - even text color, inverted type, and vertical text. FineReader 6.0 products also provide ease-of-use improvements and expanded output options.

-- FineReader 6.0 Professional - is ABBYY's flagship product and is ideal for most users with small to medium OCR projects. Touted by the editors of CNET, "[FineReader 6.0] is leaps and bounds better than prior versions. Business users will get their money's worth from this reasonably priced OCR powerhouse." FineReader Professional is at $149 for an upgrade from any brand of OCR software, including versions bundled with scanners.

-- FineReader 6.0 Corporate Edition - is designed for networked environments and includes all of the functionality in FineReader 6.0 Professional, plus a full range of robust networking capabilities. Among these, Corporate Edition offers concurrent license management, a feature unique to FineReader, which enables the application to be accessed by any machine connected to the network, limiting only the number of simultaneous users. Corporate Edition also offers many other network features, including distributed OCR and network installation. The product is priced at $499 or $399 for a competitive upgrade.

-- FineReader 6.0 Scripting Edition - is ABBYY's award-winning API toolkit, which enables integrators, VARs, service bureaus, or corporate IT developers to customize FineReader Corporate Edition and integrate it into Windows applications by writing only a few lines of code. With the product, these IT professionals can automate OCR tasks - from scanning to exporting in a variety of formats - without the need to develop applications from scratch. Customers and editors have touted the product for its low cost, flexibility, and accessibility to developers.

-- FineReader 6.0 Engine - is the most advanced software developers kit (SDK) for integrating ABBYY's OCR, ICR, barcode and OMR recognition technologies into Windows applications. Leading companies around the world - including Cardiff, Freedom Scientific, Kofax, Kurzweil, LEGATO Systems, Lexmark, Optika, SER Solutions, Siemens - and many others use FineReader Engine in a broad range of solutions, such as content and document management, data capture, fax processing, and reading systems (for example: bank check verification and subtitle conversion systems for foreign language films).

ABBYY is also exhibiting its FormReader form processing products at COMDEX, including:

-- FormReader 4.1 - is an easy-to-use form processing solution

for capturing handprint and machine print data, as well as

check marks and barcodes from forms. Captured data can then be

transferred into information management systems and databases.

This off-the-shelf application is easy to install and operate

and can be set up and ready to process forms in a few hours,

making a cost-effective solution for even for small companies

without extensive IT resources.

Complete product descriptions of all ABBYY products are available at: www.abbyy.com/news.

About ABBYY USA

ABBYY USA is a member of the ABBYY Software House Group, a world leader in document recognition and linguistic technologies. ABBYY specializes in the development of software for optical character recognition (OCR), intelligent character recognition (ICR), linguistics, semantics, and electronic lexicography. Companies that license ABBYY OCR/ICR technologies include AISoft, BancTec, BenQ, C-Technologies, Cardiff, Cobra Technologies, Freedom Scientific, Kurzweil, LEGATO Systems, Lexmark, Microtek, Mustek, NewSoft, Notable Solutions, Opitka, Panasonic, Samsung Electronics, Siemens Nixdorf, Sumitomo Electric Systems, Toshiba, and UMAX. For more information about ABBYY, visit: www.abbbyyusa.com or contact ABBYY USA, 3823 Spinnaker Court, Fremont, CA 94538. Phone: [phone]. Fax: [phone]. E-mail: [e-mail].

ABBYY and FineReader names and logos are registered trademarks of ABBYY Software House. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies and are hereby recognized.