ScanSoft, Inc. to Release Third Quarter Financial Results on
October 30, 2002

Live Audio Webcast Scheduled to Begin at 8:30 a.m. ET

PEABODY, Mass., October 16, 2002 - ScanSoft, Inc. (Nasdaq: SSFT), the leading supplier of imaging, speech and language solutions, today announced that the Company plans to release its third quarter 2002 financial results before the market opens on Wednesday, October 30, 2002, and broadcast its quarterly conference call over the Internet that morning at 8:30 a.m. ET.

On the conference call, ScanSoft management will summarize its quarterly financial results, review business and operations highlights and discuss strategic 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 third quarter conference call also can be heard live by dialing (913) 981-5571 or (800) 406-5345 five minutes prior to the call. A replay of the call will be available from 11:30 a.m. ET on Wednesday, October 30, 2002, through 11:30 p.m. ET on Tuesday, November 5, 2002. To access the replay, dial (888) 203-1112 or (719) 457-0820 and refer to confirmation code 348011.

About ScanSoft, Inc.

ScanSoft, Inc. is the leading supplier of imaging, speech and language solutions that 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.

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