ABBYY and Xerox Ink Certified Partner Reseller Agreement

New North American Reseller Agreement Addresses Content Management and Data Capture Needs in the Market

Sep 22, 2011, 08:00 ET from ABBYY

MILPITAS, Calif., Sept. 22, 2011 /PRNewswire/ -- ABBYY®, a leading provider of document recognition, data capture, and linguistic technologies and professional services, today announced that it has entered into a certified partner reseller agreement with Xerox Corporation. Under the new agreement, Xerox will resell ABBYY's FlexiCapture and Recognition Server solutions to its United States, Canada and Mexico customer base as an offering for Xerox DocuShare, extending ABBYY's reach in these key regions. With this agreement in place, Xerox will be able to address the needs of DocuShare customers requiring a complete content management solution with high-performance data and image capture technology.

"Enterprise content management solutions need sophisticated capture and recognition tools to understand documents and images quickly, which automates manual tasks and reduces cost at the front end," said Harvey Spencer, industry analyst and president, Harvey Spencer Associates, Inc. "The relationship between ABBYY and Xerox DocuShare can bring to the market effective automated content acquisition solutions that are critical components in the enterprise. This looks to be a positive business move for both parties."

Xerox DocuShare is a content management platform with thousands of worldwide customer deployments, ranging from simple document management applications to more robust process automation solutions. ABBYY was selected after an extremely competitive evaluation because of their solutions' performance, ability to integrate into existing Xerox DocuShare solutions, and outstanding track record.

"Xerox has always been focused on delivering innovative products to market that solve real business problems," said David Smith, vice president and general manager, DocuShare Business Unit, Xerox Corporation. "As we extend the capabilities of our content management solutions, ABBYY quickly emerged as the data capture provider of choice because of their industry-leading functionality and understanding of customer needs. We are now able to provide even greater efficiencies and business value to our customers by partnering with ABBYY."

With the agreement, ABBYY's FlexiCapture and Recognition Server will be sold by the Xerox direct sales organization, DocuShare direct sales, and Reseller Partners. Through the sale of combined content management and data capture solutions, ABBYY and Xerox DocuShare are addressing changing needs for enterprise organizations looking for ways to better manage their critical data and documents. The partnership will allow Xerox to strengthen its offerings by making highly accurate capture available to DocuShare services and solutions.

"ABBYY has a long-standing and successful relationship with Xerox, and we are pleased to expand our partnership," said Steve Kincade, Vice President, Channels North America, ABBYY USA. "This win is a milestone in the development of our relationship with Xerox. We see the agreement as a key step in increasing ABBYY's capture and imaging business by providing additional capabilities to sophisticated enterprise content management solutions."

About ABBYY

ABBYY is a leading provider of document recognition, data capture, and linguistic technologies and services. 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. ABBYY Language Services provides comprehensive linguistic solutions to corporate customers. Paper-intensive organizations from all over the world use ABBYY solutions to automate time- and labour-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, KnowledgeLake, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more. ABBYY OCR applications are shipped with equipment from the world's top manufacturers such as Epson, Fujitsu, Fuji Xerox, Microtek, Panasonic, Plustek, Toshiba, and Xerox. ABBYY is headquartered in Moscow, Russia, with offices in Germany, the UK, the United States, Canada, Ukraine, Cyprus, Australia, Japan and Taiwan. For more information, visit www.ABBYY.com.

ABBYY, the ABBYY Logo, FineReader, ADRT, Lingvo, FlexiCapture, Recognition Server, and PDF Transformer 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.

About Xerox DocuShare

Xerox DocuShare is an enterprise content management platform developed by Xerox Corporation. DocuShare's capabilities range from basic content services to more robust business process automation and paper-to-digital solutions. It offers a number of partner solutions for vertical and cross-industry business processes, at http://docushare.xerox.com/catalog.

For more information about Xerox DocuShare, visit http://www.docushare.com  or call 1-800-735-7749 in North America.

SOURCE ABBYY



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