PEABODY, Mass., July 8, 2002 - ScanSoft, Inc. (Nasdaq: SSFT), a leading supplier of digital imaging, speech and language solutions, today stated that it expects to meet or exceed analysts' consensus revenue estimates of $24.6 million and earnings estimates of $0.04, before amortization of acquisition-related intangibles, for the quarter ended June 30, 2002.

"Despite the difficult economic environment, ScanSoft continues to benefit from robust North American channels and growing momentum in its speech technologies business," said ScanSoft's Chairman and CEO Paul Ricci. "We are pleased with the increasing acceptance of our RealSpeak™ text-to-speech offerings during the second quarter."

ScanSoft plans to release its second quarter 2002 financial results before the market opens on Tuesday, July 30, and broadcast its quarterly conference call over the Internet at 10:00 a.m. ET. On the conference call, ScanSoft management will summarize its quarterly financial results, review business and operations highlights from the quarter and discuss strategic direction and growth initiatives for the Company.

Those who wish to listen to the live broadcast should visit the Investor Relations section of the Company's Web site at www.scansoft.com at least 15 minutes prior to the event and follow the instructions provided to assure that the necessary audio applications are downloaded and installed. These programs can be obtained at no charge to the user.

ScanSoft's second quarter conference call also can be heard live by dialing (888) 855-5428 or (719) 457-2665 five minutes prior to the call. A replay of the call will be available from 1:00 p.m. ET on Tuesday, July 30, through 11:30 p.m. ET Monday, August 5. To access the replay, dial (888) 203-1112 or (719) 457-0820 and refer to confirmation code 785336.

About ScanSoft, Inc.

ScanSoft, Inc. (Nasdaq: SSFT) is the leading supplier of imaging, speech and language solutions that are used to automate a wide range of manual processes - saving time, increasing worker productivity and improving customer service. For more information regarding ScanSoft products and technologies, please visit www.scansoft.com.

Trademark reference: ScanSoft and the ScanSoft logo are registered trademarks or trademarks of ScanSoft, Inc. in the United States and other countries. All other company or product names mentioned may be the trademarks of their respective owners.

Safe Harbor Statement
Except for the historical information contained herein, this press release includes forward-looking statements within the meaning of Section 21(e) of the Securities Exchange Act of 1934. These statements are based on ScanSoft's current expectations; estimates as to prospective events and circumstances that may or may not be in ScanSoft's control and as to which there can be no firm assurances given. These forward-looking statements are subject to risks and uncertainties and there can be no assurance that any of these forward-looking statements may prove to be correct and actual results may differ materially. These risks and uncertainties include, but are not limited to, economic conditions in the United States and abroad, the ability to complete and deliver products and services within currently estimated time frames and budgets, the ability to effectively manage diverse and geographically dispersed operations, difficulties with integrating product plans, schedules and resources, difficulties in implementing planned cost reductions, market acceptance of ScanSoft's products, competitive products, pricing pressures, maintenance of distribution channels, and other risks detailed from time to time in ScanSoft's SEC reports. ScanSoft disclaims any intent or obligation to update these forward-looking statements.

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