Corex to Deliver Popular CardScan Product to the International Marketplace for the First Time.

Business/Technology Editors

CeBIT 2000

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 24, 2000

Award-winning business card scanning solution to debut at CeBIT 2000

in Germany and demonstrate technological breakthrough in

international business card scanning

Corex Technologies Corporation today announced it will make CardScan(tm) Executive, the complete business card scanning system, available to international consumers and will debut the award-winning product to the world at CeBIT, the world's largest trade fair for office, information and telecommunications technology, in Hannover, Germany. CardScan Executive is the fastest and most accurate business card management solution available today. It transforms business card clutter into powerful electronic data, without typing, making organizing contact information easy and hassle-free.

CardScan Executive Version 5 is a complete scanner and software combination, including the new CardScan Version 5 Software and new CardScan 500 dedicated business card scanner. New CardScan Version 5 Software enables customers to accurately scan most international business cards into an electronic Rolodex on a PC, and synchronize the information with personal digital assistants (PDAs), including all Palm connected organizers, Psion palmtops and Windows CE devices. New AutoSync(tm) technology automatically synchronizes new or edited contact information, so users don't have to initiate synchronization, with most popular contact managers and personal digital assistants such as Microsoft Outlook, ACT! and Lotus Notes.

The new CardScan 500 dedicated business card scanner provides a USB connection, as well as a pass-thru parallel port, so customers can choose their method of connection for easy installation. The CardScan 500 also comes equipped with a detachable card catcher. The hardware is available with a choice of power adapters, including North American, United Kingdom and European.

Accuracy

New CardScan Version 5 Software accurately scans international business cards from the United States, United Kingdom, Germany, France, Canada, Sweden, Belgium, and Australia. Using AccuCard(tm) technology, which correctly parses the business card's contact information into the appropriate fields, CardScan is more than 97 percent accurate.

"I am delighted with the accuracy of CardScan when scanning international business cards," said Michael Hill, vice president and general manager, Europe, for Tactical Marketing Ventures Limited. "I assist new technology companies in launching their products across Europe, so I travel a lot, and collect cards from all over Europe. CardScan helps me keep my contact list up to date, especially after major conferences and events where entering details from business cards by hand takes more time than I have. Before CardScan, I never finished the job. Now, I process business cards in batches each week, and what used to take hours now takes just a few minutes. CardScan is one of my essential business tools."

Technological breakthrough

Corex underwent intense technological research to deliver accurate scanning of international business cards. The software automatically recognizes the country of origin of the contact information, without the user having to indicate the language of the card before scanning. CardScan is the only product of its kind able to perform accurate parsing of information in this manner. The software had to be taught characters, common naming and addressing conventions and placement of information on a card specific to each individual country, thereby enabling CardScan customers to enjoy the same fast, simple scanning they experience with U.S.-based business cards, on international cards.

"We are pleased to deliver to our international customers the same quality experience that our U.S. and Canadian customers have enjoyed for many years," said Jonathan Stern, president and CEO of Corex. "More business is being conducted worldwide than ever before, due to the explosion of the Internet and e-commerce virtually eliminating geographic boundaries. With CardScan's new ability to scan most international business cards, it was imperative that we make it available to the untapped international market just waiting for a product like this. CardScan is an excellent tool for anyone who collects business cards and wants to convert them into manageable, useful data."

       Other great features

       With Version 5's new time-saving features customers worldwide
can:

-    QuickSearch(tm) to search for a contact using anything they can
     remember including first name, company, city, or a word from the
     notes field;

-    scan two-sided cards and attach both images to one record;

-    retain home or satellite office addresses using a second address
     field;

-    assign categories to multiple cards at once;

-    assign notes or categories to whole batches of cards while
     scanning;

-    drag and drop contact information from Web directories into
     CardScan with enhanced vCard support;

-    print contact records and lists easier and in more formats with
     print wizard;

-    download the latest software using CardScan Product Update's
     one-click access to the Web;

-    add a date or time stamp when making notes in a contact record;
     and

-    eliminate duplicates swiftly and easily.

CeBIT unveiling

CardScan Executive will debut at CeBIT in Hannover, Germany February 24-March 1, 2000. Free demonstrations will be available at the Palm Computing booth located in Hall 11, Stand B62.

CardScan also will be showcased by Software AG, a developer of XML databases, and palmconsult, a 3Com recommended supplier for enterprise solutions on the Palm Computing Platform. Palmconsult developed LeadSync, a lead capture system for the Palm Computing platform that offers an easy way to collect customer information. At the Software AG booth located in Hall 3, Stand C33, five CardScan units and 50 Palm connected organizers will be connected to a LAN. Business cards will be scanned using CardScan, and the data will be transferred to a server and imported into the LeadSync software. Then the information will be synchronized with the Palm organizers. A single-station demonstration of the CardScan, Palm, and LeadSync solution can be seen at the Ingram Macrotron booth in Hall 13, Stand E70.

CardScan Executive also will be used by more than 30 additional CeBIT exhibitors as their key method of capturing leads and attendee contact information.

System requirements

CardScan Executive runs on IBM PCs or compatible using a 486, Pentium or higher processor with 30 MB of RAM recommended. For full installation 40 MB of hard disk space are required. Platforms supported include Windows 95, Windows 98 and Windows NT version 4.0 or higher. Other peripherals needed for installation and optimum performance include a CD-ROM drive, a Hayes-compatible modem for auto-dialing, and a Windows-compatible network for multiple users.

Pricing and availability

CardScan Executive is available at a MSRP price of USD 299, directly from Corex Technologies, on the World Wide Web at www.cardscan.com and through an expanding number of international distributors and resellers. For additional information or a list of resellers in a particular country or region, please visit www.cardscan.com.

CardScan products are available at more than 3,000 authorized U.S. and Canadian resellers, PC and electronics retailers, office superstores, mail-order outlets and distributors, including CompUSA, Best Buy, Circuit City, Fry's Electronics, Micro Center, Office Depot, Staples, OfficeMax, MicroWarehouse, CDW, Ingram Micro and Tech Data.

About Corex Technologies

Corex Technologies Corporation, based in Cambridge, Mass., develops and markets industry-leading contact management and business card scanning software and scanner products that increase personal and corporate productivity. Founded in 1993, the privately held, venture-backed company develops the award-winning CardScan family of products and new Area Code Fix(tm) software.

CardScan, AutoSync, AccuCard, QuickSearch and Area Code Fix are registered trademarks of Corex Technologies Corporation. All other company names and products are trademarks or registered trademarks of their respective companies.