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NEW 'IMAGE AND INTELLIGENT CHARACTER RECOGNITION' SYSTEM PROMISES IMPROVED DATA CAPTURE PERFORMANCE

NEW 'IMAGE AND INTELLIGENT CHARACTER RECOGNITION' SYSTEM PROMISES IMPROVED
    DATA CAPTURE PERFORMANCE
    EAST HARTFORD, Conn., June 15 /PRNewswire/ -- Scan-Optics, Inc. (NASDAQ: SOCR) today introduced a new class of high-speed data capture products, the Series 9000 Image and Intelligent Character Recognition (IICR) system.  The Series 9000 provides new levels of performance in terms of speed, accuracy and the ability to perform dual-side recognition of type and handwritten information, as well as microfilm and digital imaging, all in a single "pass" through the system.
    The Series 9000 is expected to improve data capture capabilities -- and reduce costs - in public- and private-sector applications where large numbers of time-critical forms are processed.  These include tax, order entry, proxy and patient forms in markets such as government, manufacturing, publishing, finance, utilities, direct marketing, wholesale, retail, insurance xp @healthcare.
    "The Series 9000 is a high-volume, general-purpose Image and Intelligent Character Recognition System, or IICR for short, and is Scan-Optics' newest offering into the growing imaging and forms processing market.  It is the distillation of almost 25 years of experience and technology," said Richard I. Tanaka, chairman and CEO of Scan-Optics, Inc., East Hartford, Conn.
    New Class of Imaging and Recognition
    While optical character recognition has existed for more than three decades, earlier systems were largely limited to reading well-defined characters in only a handful of typewriter or print fonts.
    The Series 9000 can process up to 30,000 documents per hour, reading a wide range of type fonts at 10,000 characters per second as well as handwritten information at 2,000 characters per second.  An optional Auxiliary Neural Networking Processor further improves the accuracy of the system.
    Doing all this at increasingly higher speeds is what has excited government departments as well as a wide range of commercial industries which must process mountains of orders and forms each day.
    First Shipments
    The company has installed the Series 9000 at Union Credit, a Japanese financial institution now using the system for credit card sales slips and credit authorization terminal (CAT) slips.
    A Series 9000 also has been purchased by Fingerhut Companies, Inc. of Minnetonka, Minn., for processing its large volume of catalog orders. The system is scheduled for delivery in August.
    The Series 9000 has already been included in large-scale procurements by IBM Federal Systems Company, Grumman Data Systems and Westinghouse Electric Corporation.
    Depending on a broad range of configurations and options, the Scan- Optics Series 9000 is priced from $260,000 to $1 million.  It is available now, sold and serviced throughout North America and in major international markets including Europe and Asia Pacific.
    Scan-Optics
    Scan-Optics, Inc. is recognized internationally as an innovator in the information management systems business.  The company provides a range of products and systems for character recognition, image processing and display, data capture, data entry and multi-user business computers.  Scan-Optics' systems and software are marketed worldwide to commercial and government customers either directly by its sales organization or through distributors.  Headquartered in East Hartford, Conn., the company has 12 U.S. sales offices, manufacturing facilities in Manchester, Conn., marketing and engineering facilities in Irvine, Calif. and more than a dozen other offices worldwide.
    -0-             06/15/92
    CONTACT:  Curtis Abel of Scan-Optics, 203-289-6001, or Robin Fulco or Marc Kirschner of Burson-Marsteller, 212-614-4561, or 212-614-5180, for Scan-Optics
    (SOCR) CO:  SCAN-OPTICS, INC. IN:  CPR ST:  CT -- NY003 -- X409  06/15/92
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 15, 1992
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