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ABBYY Recognized for Fourth Consecutive Year as One of KMWorld's '100 Companies That Matter in Knowledge Management'

Tuesday, February 23, 2010

MILPITAS, Calif. -- ABBYY, a leading provider of document recognition, data capture and linguistic software, announced that it has been named one of the "100 Companies That Matter in Knowledge Management" by KMWorld for the fourth consecutive year. The publication, a leading information provider serving the knowledge, document and content management systems market, each year recognizes companies that have helped to create, enhance, or define the knowledge management market.

"ABBYY strives to develop information transformation technologies that deliver unmatched accuracy, leading to more efficiency and enabling greater sharing of data," said Dean Tang, chief executive officer at ABBYY USA. "KMWorld's continued recognition underscores our market leadership and ability to deliver impactful solutions that meet the needs of a wide range of vertical markets."

ABBYY solutions include optical character recognition (OCR), intelligent character recognition (ICR), barcode recognition, and data capture technologies. Embedded in imaging hardware devices from leading manufacturers like Epson, Fujitsu, Panasonic, Toshiba, and Xerox, ABBYY has established itself as the premier developer of knowledge management solutions.

"In today's knowledge economy, ABBYY USA does more than simply throw sophisticated technology at its customers, it provides real solutions through inspired planning and execution throughout the entire constituency chain," says Hugh McKellar, KMWorld editor in chief.

The annual KMWorld list of "100 Companies That Matter in Knowledge Management" was compiled by knowledge practitioners, theorists, analysts, vendors and their customers and colleagues. It recognizes commitment to taking full advantage of all the information at an organization's disposal and delivering it to the appropriate constituencies.

About ABBYY

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, Japan and Taiwan. For more information, visit http://www.abbyy.com/.



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