NovoDynamics Added to Canon Image Capture Solutions Alliance Program

ANN ARBOR, Mich., May 21, 2013 /PRNewswire/ -- NovoDynamics, Inc., a leading developer of advanced pattern recognition and analytics technologies, today announced that it has been added to Canon U.S.A., Inc.'s, Canon Image Capture Solutions (ICS) Alliance Program. NovoDynamics document capture and recognition software delivers unparalleled accuracy, speed and productivity, handling global languages including Arabic. Easy to install, integrate and use, NovoDynamics software supports imageFORMULA document scanning devices from Canon U.S.A., Inc.

NovoDynamics^® NovoImage+^® software automatically cleans and optimizes scanned/faxed images to dramatically improve downstream processing; NovoDocufier^® software intelligently automates document classification and data extraction, working up to 60X faster than competitive products; and NovoVerus^® is the industry-leading optical character recognition (OCR) engine. The NovoDynamics product line is particularly well suited for invoice processing, loan origination, and medical record conversion, as well as the forms processing needs of government agencies.

"NovoDynamics software, in combination with the broad imageFORMULA scanner product line Canon U.S.A. offers, provides customers with a wide range of solutions for high volume as well as ad hoc capture," said David Rock, president and CEO of NovoDynamics.

NovoDynamics document capture software products are available through leading value added resellers and integrators. For more information, visit www.NovoDynamics.com.

About NovoDynamics

NovoDynamics, Inc., an In-Q-Tel portfolio company incorporated in 2001, develops intelligent information capture software and provides advanced analytics solutions that transform data into actionable insights needed to make better decisions. Leveraging its pre-eminent image enhancement, pattern recognition and data mining technologies, NovoDynamics^® products recognize, extract and index data — even from degraded sources. NovoDynamics solutions analyze large, disparate data sets to address highly complex challenges. With its track record of success in streamlining information on-ramps and adding business intelligence to back-end repositories, NovoDynamics helps organizations leverage their investments in business processes and enterprise IT systems. NovoDynamics products and solutions are used worldwide by commercial industries, governments and academia. Learn more at www.NovoDynamics.com.

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SOURCE NovoDynamics, Inc.