ABBYY Receives KMWorld Trend-Setting Product Award for Third Year Running

      FineReader 9.0 Recognized for Delivery of Robust Customer Value



    FREMONT, Calif., Aug. 25 /
EMWNews
/ -- ABBYY, a leading provider of

document recognition, data capture and linguistic software, today announced

that its FineReader 9.0 product has been selected by KMWorld Magazine for

the Trend-Setting Product list of 2008. This is the third year in a row

ABBYY products have been recognized with this award.



    "Each company whose products appear on this list was chosen for one

defining characteristic -- their ability to deliver robust customer value,"

said Hugh McKellar, KMWorld editor-in-chief. "This year, we've gone

directly to vendors, analysts, system integrators and users to determine

which products transcend their promises to produce real-world success."



    A comprehensive and easy-to-use optical character recognition (OCR) and

document conversion application, ABBYY FineReader readily transforms

scanned images, digital photographs of documents and PDF files into

editable and searchable electronic files, providing a cost-effective and

time-saving alternative to manual retyping. FineReader delivers precision

accuracy in converting almost any type of document, including books,

magazine articles, tables and spreadsheets, and contracts and faxes. With

its breakthrough Adaptive Document Recognition Technology (ADRT(TM)), ABBYY

FineReader 9.0 is intelligent enough to recognize not just the text and

basic layout, but the logical structure of a document and to automatically

output editable files in native Microsoft(R) Office formatting. As a

result, the headers and footers, page numbering, footnotes, line numbering,

signatures, stamps, fonts and styles of the original are consistently

retained across multiple pages.



    ABBYY FineReader 9.0 was recently enhanced to include support for the

Chinese (both traditional and simplified), Japanese, Hebrew and Thai

languages, bringing its total language recognition count to 184.



    "We are honored to receive this distinction from KMWorld for the third

year in a row in recognition of our efforts to combine innovation with true

market value," said Dean Tang, CEO of ABBYY USA. "This award underscores

our dedication to developing intelligent and highly accurate OCR and data

capture solutions that enable businesses to improve workflows, save time

and significantly reduce costs."

    About KMWorld



    KMWorld (http://www.kmworld.com) is the leading information provider

serving the Knowledge Management systems market and covers the latest in

Content, Document and Knowledge Management, informing more than 50,000

subscribers about the components and processes -- and subsequent success

stories -- that together offer solutions for improving business

performance. KMWorld is a publishing unit of Information Today, Inc.

(http://www.infotoday.com)



    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



    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.