ABBYY Named Best Channel Vendor By Business Solutions Magazine

VAR Subscribers Select ABBYY as Best Channel Vendor for ECM and Data Capture Software

FREMONT, Calif., Jan. 7, 2009 - ABBYY, a leading provider of document recognition, data capture and linguistic software, today announced that it has been named a Best Channel Vendor in the ECM and Data Capture Software category by Business Solutions Magazine, a leading provider of information and advice to the technology industry. Business Solutions Magazine delivers vital and insightful information to IT channel companies, including best practices for selling new products and services into thriving vertical markets and integrating complementary technologies.
The publication, partnering with Penn State University, conducted a web-based survey of its VAR subscribers, asking them to rate their vendor partners in a variety of categories including service/support, channel friendliness, channel program, product features, product reliability, product innovation and VAR margins. Over 17,700 votes were cast, making it one of the most comprehensive surveys of its kind. After scores were tabulated by Penn State University, the top scoring vendors were selected as Best Channel Vendors.

ABBYY is a globally established developer of solutions that capture, translate and transform information into accessible and useful data. Its technologies are used by a variety of businesses, technology providers, integrators and government institutions. Its software is also bundled with leading imaging hardware, including scanners and multifunction devices from industry leaders such as Epson, Fujitsu, Panasonic, Toshiba and Xerox. Leading products from ABBYY include the FineReader line of recognition software and development tools, FlexiCapture line of dynamic data capture solutions, Recognition Server high-volume document processing solutions and the Mobile OCR Engine for creating OCR solutions running on mobile devices or in “instant OCR” applications.

The ABBYY Accelerate Partner Program consists of robust and wide-ranging programs to support its partners throughout their marketing, sales, implementation and support processes combined with generous, targeted rewards for successful sales efforts. The program strives to establish mutually beneficial business relationships between ABBYY and its partners and to support those partners in selling ABBYY technology into shared target markets. This program provides both Certified Reseller and Authorized Reseller levels, and is designed to support partners as they work to combine their solutions, consulting and systems integration with the strength of complimentary ABBYY products and industry expertise.

“It is an incredible honor to receive this recognition from our channel partners,” said Dean Tang, CEO at ABBYY USA. “This peer-nominated award highlights both the unsurpassed quality of ABBYY products as well as our commitment to providing our partners with the incentives, training and support they need to ensure their continued success.”

ABBYY is a leading provider of document recognition, data capture and linguistic software. Its products include the ABBYY FineReader line of optical character recognition (OCR) applications, ABBYY FlexiCapture line of data capture solutions, ABBYY Lingvo dictionary software, and development tools. Paper-intensive organizations from all over the world use ABBYY software to automate time- and labor-consuming tasks and to streamline business processes. ABBYY products are used in large-scale government projects such as those of Australian Taxation Office, Lithuanian Tax Inspectorate, Ministry of Education of Russia, Ministry of Education of Ukraine, and Montgomery County Government of the USA. Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more. ABBYY OCR applications are shipped with equipment from the world’s top manufacturers such as BenQ, Epson, Fujitsu, Fuji Xerox, Microtek, Panasonic, Plustek, Toshiba, and Xerox. ABBYY is headquartered in Moscow, Russia, with offices in Germany, the United States, Ukraine, the UK and Japan. For more information, visit http://www.abbyy.com/.

ABBYY, the ABBYY Logo, FineReader, Lingvo and FlexiCapture are either registered trademarks or trademarks of ABBYY Software Ltd. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.

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