FBI Selects ScanSoft OmniPage Professional from Nuance as OCR Standard for Financial Crimes Section; World's Leading OCR Solution Helps FBI Crack Down on Illegal Financial Activities.BURLINGTON, Mass. -- Nuance Communications Nuance Communications is a computer software technology company. Their current worldwide headquarters is in Burlington, Massachusetts in the United States. Nuance provides speech and imaging solutions and is mainly known for its speech recognition and speech synthesis software that , Inc. (Nasdaq: NUAN NUAN New User Action Notation (modeling language) ), a leading provider of speech and imaging solutions, today announced that the Federal Bureau of Investigation Federal Bureau of Investigation (FBI), division of the U.S. Dept. of Justice charged with investigating all violations of federal laws except those assigned to some other federal agency. (FBI) has selected ScanSoft(R) OmniPage(R) Professional 15 from Nuance as the 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. standard for its Financial Crimes Section (FCS FCS - Frame Check Sequence ). More than 250 professionals within the FBI nationwide are using OmniPage Professional 15 to quickly capture and assess financial records in an effort to dismantle illegal financial activities such as money laundering The process of taking the proceeds of criminal activity and making them appear legal. Laundering allows criminals to transform illegally obtained gain into seemingly legitimate funds. and insurance fraud. OmniPage Professional 15 - the world's best-selling OCR solution - is the most accurate and efficient way to convert, edit, archive and share paper and PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. documents. The mission of the FBI's Financial Crimes Section is to identify, target, disrupt and dismantle criminal organizations and individuals engaged in fraud schemes that target financial institutions, such as insider fraud, identity theft, check kiting, loan fraud and mortgage fraud. FBI employees involved in financial crimes investigations are using OmniPage Professional to quickly and accurately scan paper financial records of suspected criminals and automatically convert that information to Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. . "We are proud that the FBI has selected OmniPage for its Financial Crimes Section," said John Shagoury, president, Productivity Applications Division, Nuance. "This agreement is further proof of the strong demand for OCR solutions to address critical projects, and further testament that OmniPage leads the way as the most accurate, efficient OCR solution available today to address that demand." ScanSoft OmniPage Professional from Nuance - consistently judged the most accurate by independent experts - sets the standard for OCR, PDF and document conversion applications and delivers features and functionality not matched by any other desktop OCR product. OmniPage Professional expands the value of OCR into universal document conversion, and enables users to get more from scanning and archiving to solve difficult digital document conversion problems and to archive any digital format as PDF's. Nuance Communications, Inc. Nuance (Nasdaq: NUAN) is the leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. Every day, millions of users and thousands of businesses experience Nuance's proven applications and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . For more information, please visit nuance.com. Trademark reference: Nuance, ScanSoft, the Nuance logo, and OmniPage are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. All other company names or product names may be the trademarks of their respective owners. The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with market trends, competitive factors, and other risks identified in Nuance's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to put undue reliance on these forward-looking statements that speak only as of the date hereof. |
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