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ELECTRO-SENSORS ANNOUNCES ACQUISITION OF LICENSE FROM PATTERN PROCESSING

ELECTRO-SENSORS ANNOUNCES ACQUISITION OF LICENSE FROM PATTERN PROCESSING
 MINNEAPOLIS, Jan. 22 /PRNewswire/ -- Electro-Sensors, Inc. (NASDAQ: ELSE) announces the acquisition of an exclusive license from Pattern Processing Technology, Inc. The license will allow Electro- Sensors to incorporate a patented neural network algorithm in the products of its Automated Computer Entry Division.
 Larry Werth, former president and founder of Pattern Processing Technology, Inc., has been hired by Electro-Sensors, Inc., as a research scientist to finalize the software for its form reading products. The goal for these products is to enable automated data entry of hand printed information on forms into personal computers. The software will translate hand printed characters into ASCII text (as though it was key stroked by data entry personnel), thus increasing the speed, accuracy, and ease of arduous data entry tasks.
 Electro-Sensors, Inc., expects to include the software it has developed in a business card sized module near mid-year. The company began funding development of this technology in August of 1989.
 James Slattery, president of Electro-Sensors, Inc., said that the products of their new division will allow data entry personnel to "partner" with their computers in a way that produces savings in both costs and personnel health.
 -0- 01/22/92
 /CONTACT: Mark Laumann of Electro-Sensors, 612-941-8171/ CO: Electro-Sensors, Inc. ST: Minnesota IN: SU:


DS -- MN018 -- 2483 01/22/92 16:44 EST
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Date:Jan 22, 1992
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