ABBYY FineReader 8.0 Redefines OCR Accuracy

Intelligent Product Enhancements Deliver Increased Accuracy, Digital Camera Support, Improved PDF Conversion, and Task Automation to Expand Usage Options for Customers

Moscow, Russia, August 29, 2005 - ABBYY Software House today announced the commercial release of the next generation of its FineReader desktop optical character recognition (OCR) and document conversion software application, FineReader 8.0.

ABBYY FineReader is a powerful, yet easy-to-use application for professional quality conversion of document images and PDF files to editable and searchable electronic files. The product delivers outstanding accuracy when converting a variety of document types including tables and spreadsheets, magazine articles, contracts, and faxes. Enhancements in version 8.0 give FineReader new intelligence, making it more accurate, flexible, and adaptable for a wider variety of users than ever before.

ABBYY FineReader 8.0 redefines OCR accuracy and performance by delivering:

ABBYY FineReader 8.0 directly addresses the needs of key user groups demanding more flexibility and adaptivity from their OCR program. FineReader Desktop Products are available in three versions: FineReader Professional Edition - professional OCR for individual users; FineReader Corporate Edition - workgroup OCR for department or small to mid-sized businesses; and FineReader Site License Edition - OCR for automated roll out to large corporations.

Alexander Bobrovskiy, Chief Product Manager for the ABBYY FineReader Product Line explained that as OCR technologies become more sophisticated, the measurement of product performance moves beyond simple word accuracy improvements. " FineReader is evolving and becoming more intelligent and versatile because today's knowledge workers and professionals want to be more productive. Business documents are rather complex with a variety of inherent information which needs to be pulled from it. Hyperlinks, web references and e-mail addresses contain not just special formatting, but key data. The challenge is to extract these data from images."

" When it comes to productivity," said Alexander Bobrovskiy, " we also allow users to work with OCR for more tasks than ever before - capturing images while on the go with a camera, saving PDFs with internal links for archive, recognizing text from any image directly from the screen, working with secure documents in government applications, and automating routine OCR processes."

Recognition Enhancements

ABBYY FineReader' intelligent approach selectively deploys the best combination of recognition algorithms and pre-processing adjustments based on the quality and key attributes of each document. The result is greater overall accuracy. New document conversion benefits from FineReader 8.0 recognition enhancements include:

Smarter, Faster PDF Conversion

FineReader 8.0 offers three different PDF conversion functions in one application: users can open a PDF file and convert it into editable formats (such as Word or Excel); open a PDF file, modify text, then save back to PDF; or create searchable PDFs from paper documents. FineReader 8.0 increases PDF conversion speed by up to two times over the previous version and features the following technological enhancements:

New Productivity Features

Task Automation. A new Automation Manager allows users to perform the multiple steps of document or PDF conversion with simple "one-click" execution. The easy-to-follow FineReader drop-down menus are already equipped with pre-defined tasks. Users simply select one of the options and the program performs all of the steps in the process automatically. Alternatively, users can also create their own process with the help of an Automation Wizard. The Automation Manager is ideal for regularly repeated conversion tasks. With one click, the Automation Manager could perform recognition and save the results to two different formats (such as Word and PDF) at the same time saving the effort required to manually export a file twice. Ready-to-use automated tasks can also be distributed among many company employees.

ABBYY Screenshot Reader (Bonus Application). FineReader 8.0 also offers a new application called ABBYY Screenshot Reader. Screenshot Reader is an easy-to-use utility that captures screen images and allows users to perform "instant" OCR from the screen. It is ideal for pulling text, tables, or images from Web browser pages, flash presentations, Windows Explorer file menus, or error messages. Screenshot Reader is also an ideal "quick OCR" tool for users who want to pull small quotes or a few sentences of text from a PDF or image file they are currently viewing. Users can choose from capturing an image only, text, or table. The data can be immediately transferred to Microsoft Word, Microsoft Excel or a clipboard or saved to a file.

Fast Mode Recognition. FineReader 8.0 now offers a "fast mode recognition" option which increases speed up to 2.5 times when full analysis and processing is not necessary. Ideal when processing large batches of documents in which extracted text is used only for indexing (searchable archives), or large groups of high quality documents.

New Output/Saving Options. Additional new saving options include the .LIT format for eBooks and increased user-selected options when saving to files. For example, users can now automatically set all pages of a multipage document to a specified size. Additionally, document properties or "meta data" can be added to output file when saving to DOC, XML, HTML, PDF and LIT formats, providing useful information for automation of indexing, search, and data mining.

New Packages for Corporate and Volume License Customers

ABBYY FineReader 8.0 will be available for corporate customers in two versions supporting all of the functionality available in FineReader 8.0 Professional Edition, plus additional support for multiple users over a network:

FineReader 8.0 Corporate Edition - For small-to-mid-sized businesses working on a local area network (LAN), ABBYY FineReader 8.0 Corporate Edition is an ideal groupware solution for OCR and PDF conversion. Corporate Edition users benefit from the ability to support multiple users who can work together while processing their documents. Benefits of Corporate Edition include:

FineReader 8.0 Corporate Edition offers a new enhanced Hot Folder & Scheduling application with functions for automatic processing of images and automatic batch conversion. Ideal for companies working with networked scanners, digital copiers or MFPs, or fax servers, the Hot Folder & Scheduling feature allows users to create designated folders located on a local drive, network drive, or FTP server to be monitored by FineReader. Each time a document or multiple documents are added to these folders, it is immediately processed in the background by FineReader according to pre-defined rules specified by the users. With a new Wizard, users or administrators can simply follow the dialogs to set up tasks by first selecting location of the folder, time settings (single processing or constantly watching), recognition language and type (fast mode or regular), output/saving formats and location. This can be used to save valuable work time, for example by scheduling the processing of a large batch at the end of the work day.

FineReader 8.0 Site License Edition - FineReader 8.0 Site License Edition offers all of the core features of FineReader 8.0 Corporate Edition with added support for a high volume, automated roll-out among multiple workstations across a large enterprise.

Availability and Pricing

ABBYY FineReader Desktop Products including Professional Edition and Corporate Edition will be available starting in September through select retail outlets and resellers worldwide. ABBYY FineReader Site License Edition will be available later in the fall through special license agreement.

For information on pricing in your region, please contact your local ABBYY office or distributor. A list of FineReader distribution partners can be found on the ABBYY corporate web site at http://www.abbyy.com/partners/?search=1.

About ABBYY 

ABBYY (ABBYY Software House) develops linguistic and Artificial Intelligence (AI) software providing a full line of OCR and text-processing programs and solutions. ABBYY's products include: FineReader OCR systems - a family of end user programs and development tools for recognition of printed texts, tables and forms; FormReader - an ICR program for recognition and processing of hand-printed forms; and ABBYY FlexiCapture Studio - a software tool that helps to extract data from semi-structured forms and documents. Companies that license ABBYY recognition technologies include Siemens Nixdorf, Samsung Electronics, C-Technologies, Sumitomo Electric Systems, Banctec, BenQ, Documentum, EPSON, Freedom Scientific, Hewlett-Packard, Kurzweil, Kofax, Microtek, NewSoft, Notable Solutions, Panasonic, Stellent, Toshiba, Verity, Neurascript, Saperion, and SWT. ABBYY Group Headquarters are located in Moscow with offices in Ukraine (ABBYY Ukraine), the USA (ABBYY USA, Fremont, CA), the UK (ABBYY UK, Bishops Stortford, England), and Germany (ABBYY Europe, Munich).

ABBYY press contacts you may find at this page.

ABBYY and FineReader names and logos are registered trademarks of ABBYY Software Ltd. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies and are hereby recognized.

???????? ?????????