Press Release

DYMO Licenses ABBYY FineReader Engine for Its DYMO File™ Software

Now Automatically Scan and File Paper Documents in Searchable PDF, Word or Excel Formats with an Unparalleled Level of Accuracy

FREMONT, Calif. and STAMFORD, Conn. (Nov. 14, 2007)– ABBYY USA, a leading provider of recognition, data capture and linguistic technologies, and DYMO, an industry leader in on-demand labeling, today announced that they have partnered to integrate the ABBYY FineReader Engine with DYMO File™ software to provide seamless document recognition, document conversion and data capture capabilities within the product.

“The integration of ABBYY FineReader OCR technology with DYMO File™ software delivers the high-end advantages of a digital filing system with such simplicity that allows users to scan, OCR and file multiple documents all in one step,” said Dean Tang, president and chief executive officer of ABBYY USA. “Because the OCR is so accurate, it is transparent to users who simply scan on a network scanner or digital copier without any additional steps. The combined solution automatically converts the documents to searchable and re-usable formats and places them in the appropriate file folders.”
 
ABBYY FineReader adds value and increases opportunities for its technology and channel partners. By integrating ABBYY’s FineReader engine, DYMO File™ delivers state-of-the-art technology for document recognition and conversion. Now, highly accurate document scanning, recognition and conversion to searchable PDF, Microsoft® Word or Excel files is within the reach of all businesses, not just large enterprises. The system provides a powerful new way to file documents digitally. Unlike other desktop scanning applications that are designed specifically for “one-off” scanning, DYMO File™ is designed specifically for scanning multiple documents at one time and streamlines the digital filing process. The product is particularly valuable for real estate, accounting, financial, legal, and medical offices where managing contracts, forms and agreements is common, and accuracy is critical.

 “DYMO File™ software enables small and medium businesses to transform their paper documents into organized archives of electronic files using equipment they may already have in place,” said Jeremy Petty, business development manager at DYMO. “We selected ABBYY’s recognition and conversion technology because we feel it produces the most accurate and reliable results, enabling our customers to file, search and edit their documents with confidence.”

For more information about ABBYY’s products, please visit the company’s website at www.ABBYY.com.

ABBYY USA is subsidiary of ABBYY Group, a world leader in document recognition and linguistic technologies.  ABBYY specializes in the development of software for optical character recognition (OCR), intelligent character recognition (ICR), linguistics, semantics, and electronic lexicography.  Leading products from ABBYY include the FineReader line of recognition software and development tools, and FlexiCapture line of dynamic data capture solutions.  Companies that license ABBYY’s recognition technologies include Anoto, Cardiff, Banctec, BenQ, DICOM/Kofax, EMC, EPSON, Freedom Scientific, Fujitsu, Kurzweil, Microtek, NewSoft, Notable Solutions, Stellent, Panasonic, ReadSoft, Samsung Electronics, Saperion, Siemens Nixdorf, Sumitomo Electric Systems, and Toshiba.  The ABBYY Group Headquarters are located in Moscow, Russia with offices in Ukraine, the United States, the UK, Japan, and Germany. For more information, visit www.abbyy.com.
ABBYY names and logos are registered trademarks of ABBYY Software House. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies and are hereby recognized.

About DYMO®
DYMO a leading global manufacturer of on-demand labeling and specialty printing products for home, office and industry. DYMO is part of the Newell Rubbermaid Technology Global Business Unit that includes Endicia®, CardScan® and DYMO®, under the Office Products group. Newell Rubbermaid Office Products manufactures and markets writing instruments, art products, office organization and technology, led by a powerful brand family including: DYMO®, Sharpie®, Paper Mate®, Parker®, Waterman®, EXPO®, rotring®, Reynolds®, Berol® and Rolodex®, among others.  For more information, visit www.dymo.com.