Navarre Corp. to Distribute IRIS OCR Products in the United States.Business Editors/Technology Writers BOCA RATON, Fla.--(BUSINESS WIRE) Image Recognition Integrated Systems (I.R.I.S.), a publicly traded Belgian company (BXS BXS Brussels Stock Exchange BXS Bronx X-Ray Server :IRI Iri (ē`rē`), former city, North Jeolla (Cholla) prov., SW South Korea. An agricultural center and transportation hub, it was absorbed into Iksan. ) and a leader in the development of multilingual 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. ("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. ") software, announces today that Navarre Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :NAVR), a major distributor of software products, will market and promote its full line of OCR products throughout the United States. "We're extremely pleased to start this relationship with Navarre," said Marc Ethier, Sales and Operation Director of I.R.I.S. for North America. "Our product line is unique and is of great value to businesses and individuals throughout the United States. These versatile OCR products provide total solutions and are regarded as among the most sophisticated in the worldwide market." Navarre Corporation's major business segments focus on high growth niches within the computer software, music and home video markets. Navarre's VP Computer Products Division, Brian Burke, stated, "We are pleased to have been selected as the I.R.I.S. distributor for the United States. Their products appeal to a wide spectrum of customers, addressing the needs of both the professional or casual user. The addition of the I.R.I.S. product line is an important step in the continuing growth of the productivity software segment of the Computer Products Division." PC data reported that Navarre's distributed share of productivity software reached 22% in March 2000. This increase demonstrates the Computer Products Division expansion of its market share in the distribution of personal computer software. Well known for its dominant share in the distribution of entertainment software, 52% through the first three months of the year, Navarre has steadily increased its share in the productivity category due in large part to its distribution share of Linux software and related products. Navarre will distribute the following IRIS products: Readiris 6.0: This is the market's most comprehensive software for flatbed scanners. It recognizes 56 languages. The easy-to-use package allows the conversion of documents into editable computer file. The recently released version handles color and greyscale images and provides an OCR batch functionality for the recognition of multi-page documents. The product is available in both PC and Mac platforms. Readiris was recently licensed by Hewlett-Packard, Compaq, and Agfa for use in their scanners MFP (MultiFunction Printer, MultiFunction Peripheral) See all-in-one and MFD. products. IRISPen II Executive: This highlighter-sized OCR device allows users to scan small bits of information into any Windows or Macintosh applications. This version also comes with bar code recognition and text-to-speech modules. The product is available in PC and Mac platforms. A USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. model will be available this summer. Cardiris: This product allows users to scan and recognize business card information into a sophisticated database. About Image Recognition Integrated Systems The Belgian company Image Recognition Integrated Systems (I.R.I.S.), established in 1987, is publicly held (BXS: IRI) as of May 1999. I.R.I.S. is the European market leader in the field of multi-lingual Optical Character Recognition and Document Management. The I.R.I.S. Group reached a turnover of 14 million Euro for the year 1999, an 80% growth compared to 1998. Some 15% of its turnover is dedicated to the R&D effort. The division "Office Automation" develops and markets a full range of OCR applications. Its innovative software for the PC, Macintosh and Unix platforms are sold throughout the world. These are the main products: (1) the IRISPen and IRISPen Translator, which was twice awarded "Editor's Choice" from Imaging Magazine, the Computer Times' "Editor's Choice" and four/five star ratings from major PC and Macintosh magazines in Europe and the US, (2) Readiris Pro, an OCR software package for flatbed scanners and "all-in-one" peripherals of which more than 4,000,000 copies were sold, in part because of a world-wide partnership with Hewlett-Packard, (3) Cardiris, a business card scanning and indexing solution. The company is located on the "Parc Scientifique" of Louvain-la-Neuve in the neighbourhood of the UCL UCL University College London UCL Université Catholique de Louvain UCL UEFA Champions League UCL Upper Confidence Limit UCL University of Central Lancashire UCL Upper Control Limit UCL Unfair Competition Law UCL Ulnar Collateral Ligament university. I.R.I.S. has now 170 employees which are located in Louvain-la-Neuve and Brussels (Belgium), in Luxemburg, Paris and Boca Raton (Florida, USA). Visit the I.R.I.S. web site at www.irislink.com About Navarre Navarre Corporation's major business segments focus on high growth niches within the computer software, music and home video markets. Computer Products Division (CPD CPD citrate phosphate dextrose; see anticoagulant citrate phosphate dextrose solution, under solution. Cephalopelvic disproportion (CPD) ) a leading distributor of quality consumer software and CD/ROM CD/ROM Compact Disk/Read Only Memory to retailers and e-tailers nationwide; Independent Music Distribution (IMD IMD - intermodulation distortion ) the major distributor of independent music labels in the United States and Canada; Alternative Retail Markets (ARM) distributes major label music and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. to non-traditional retail outlets. Navarre operates a "business to business" Internet E-Commerce web sites www.navarre.com that provides fulfillment for both traditional and E-Commerce retail sites. USA Press Contact Reeves COMMUNICATIONS, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . 7000 W. Palmetto Park Road - suite 302 Boca Raton, FL 33433-3430 Press Contact : David Reeves Phone : +1 (561) 391-8717 Fax : +1 (561) 750-6818 E-mail : pr@reevescommunications.com I.R.I.S. Europe Headquarters 10 Rue du Bosquet bos·quet n. A small grove; a thicket. [French, from Italian boschetto, diminutive of bosco, forest, of Germanic origin. 1348 Louvain-La-Neuve Belgium Press Contact: Catherine Rochigneux Phone +32 (0) 10 48 74 38 Fax: +32 (0) 10 45 34 43 E-mail: catherine.rochigneux@irislink.com |
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